Rivian
Rivian Q1 Report Sends Stock Up 5.7% in After-Hours Trading
Electric vehicle automaker Rivian announced on Tuesday a first-quarter loss that was less than anticipated. After the announcement, Rivian’s stock is now up 5.7% in after-hours trading. As per consensus estimates by Refinitiv, Rivian’s adjusted loss per share for this quarter was $1.25, better than the expected $1.59. The company also surpassed projected revenue, with […]
Rivian to Open EV Charging Network to Public, Just Like Tesla
Summary: Rivian plans to open its growing EV charging network to the public as early as next year. The company aims to build a network of 600 charging stations within two years across the US and Canada. Rivian could receive government funds starting in 2024 to expand its charging network, provided its chargers are open […]
Watch Rivian CEO RJ Scaringe Chat with MKBHD [VIDEO]
Earlier this month, Rivian CEO RJ Scaringe spoke with tech reviewer Marques Brownlee, who runs the channel MKBHD in a 43-minute interview for Brownlee’s WVFRM Podcast. The discussion ranges in topics, with Scaringe detailing things like how the company got its start, Rivian’s adventure charging network and he even looks ahead to the automaker’s next-generation […]
Rivian Q1 Delivered 7,946 Vehicles, on Track for 50,000 in 2023
Electric vehicle manufacturer Rivian has announced its Q1 production and delivery numbers, with 9,395 vehicles produced and 7,946 delivered. These numbers are in line with the company’s expectations, and they are confident in achieving their previously stated annual production guidance of 50,000 vehicles. “This is a great start to the year, and we remain on […]
Rivian 2023.10.01 Software Update Now Shows Tesla Supercharger Locations and More
Rivian today announced a new software update 2023.10.01 for its R1T and R1S electric vehicles. Highlights include a new TuneIn Premium trial, but also the ability to find Tesla Supercharger locations with Magic Docks, that allow Rivian vehicles to charge at. You can also now drop and open/close the tailgate with the Rivian mobile app […]
Rivian, Amazon to Scrap Exclusivity Part of Electric Van Deal, Says Report
Startup electric vehicle (EV) manufacturer Rivian, and its majority stakeholder Amazon, may be looking to do away with the exclusive parts of its deal for electric last-mile delivery vans, according to people familiar with the subject, reports the Wall Street Journal. Amazon has a deal with Rivian for 100,000 of the electric vans that was […]
Rivian R1T Review After One Year: Sandy and Sue Munro [VIDEO]
Sandy Munro and his wife Sue shared a video on Monday detailing their experiences with the Rivian R1T, after owning the electric pickup for almost a whole year. Sue says she loves the truck and that it handles Michigan winters well from a handling perspective using its snow-driving mode. Sandy says the truck is great […]
Rivian Stock Drops After Q4 Disappoints; 2022 Net Loss of $6.75 Billion
Rivian announced its 2022 Q4 earnings after the bell on Tuesday, and they’re short of expectations. As a result, the company’s stock is down 8% in after-hours trading. The electric automaker announced it produced 24,337 EVs in 2022, below its guidance of 25,000, while only 20,332 of these cars were delivered last year. In Q4, […]
Rivian Confirms Layoffs in Path to ‘Profitability’; Delays R1S Deliveries to 2024
Rivian is looking to lay off around 6 percent of its workforce to help cut costs as spotted in a companywide email, and following Tesla’s recent price cuts which have effectively lodged a price war, according to Reuters. Additionally, @The Kilowatts pointed out on Tuesday that Rivian is emailing customers to delay R1S order deliveries, […]
Several Top Rivian Executives Have Left the Company: Report
Electric vehicle (EV) startup Rivian is struggling to hold onto some of its key executives in recent weeks, though the reason for several recent high-profile departures isn’t entirely clear. A number of executives have left Rivian, including its head of supply chain, its body engineering vice president and head of strategy, according to a report […]
SUV Drag Race: Rivian R1S vs Aston DBX 707 vs Cayenne Turbo GT [4K VIDEO]
The Rivian R1S electric SUV is fairly new to the market, having only delivered its first units to company executives just a year ago. A new video shared by Hagerty on Thursday shows a drag race between some of the world’s quickest production SUVs, including the Rivian R1S, the Aston Martin DBX 707 and the […]
Rivian R1T Named a ‘Top Safety Pick+’ By IIHS [VIDEO]
The Insurance Institute for Highway Safety (IIHS) has named the 2022-2023 Rivian R1T as one of its Top Safety Pick Plus award winners, according to a press release shared on Friday. The R1T was tested in vehicle-to-vehicle evaluations and daytime vehicle-to-pedestrian tests, in all of which the electric pickup’s headlights and crash safety features were […]
Rivian’s First International Deliveries Have Started in Canada
Electric vehicle (EV) startups are desperately trying to catch up to Tesla’s reach beyond the U.S. market, with fellow automaker Rivian reaching beyond its home country’s borders this month for the first time. @Rivian had its first deliveries beyond the U.S., as debuted in a Canadian Open House event shared by the automaker on Twitter […]
Rivian LED Headlights are Troublesome in Cold Climates, Say Owners
Rivian’s LED headlights are not generating enough heat to melt snow and ice off in cold climates, according to some drivers on the Rivian Forums (via The Drive). Drivers are reporting that the ice buildup on Rivian’s LED headlights is causing less light output in wintry conditions, which can be a dangerous factor for some […]
Rivan Q3 2022: $1.72 Billion Net Loss, R2 Platform Delayed to 2026
Electric automaker Rivian announced its Q3 earnings on Wednesday, which saw production of 7,363 vehicles and delivery of 6,584 vehicles. Rivian said its production ramp “is in line with our expectations despite the challenging supply chain environment.” Rivian says it now has a backlog of 114,000 R1 preorders, as of November 7, 2022, mainly from […]