AT&T and Rivian have entered into an agreement, marking a significant step in AT&T’s sustainability efforts. Under this partnership, AT&T will integrate Rivian electric vehicles (EVs) into its commercial fleet starting in early 2024. This pilot program is part of AT&T’s broader initiative to improve safety, reduce operational costs, and diminish its carbon footprint. The […]
In the third quarter of 2023, Rivian reported significant advancements in its production capabilities and financial performance, marking its strongest quarterly production rate to date with over 65,000 units annually. The company’s financial results have positively reflected these improvements, with a notable increase in production guidance to 54,000 units for the year. The EV manufacturer […]
Amazon has deployed more than 10,000 custom electric delivery vans across the United States as part of its commitment to achieve net-zero carbon emissions by 2040. The company co-founded The Climate Pledge in 2019 and subsequently partnered with Rivian to design and produce 100,000 electric delivery vehicles by 2030. Amazon began rolling out its electric […]
Shares of Rivian dropped over 22% on Thursday following the company’s unexpected announcement to offer $1.5 billion in convertible notes. The news came despite Rivian’s third-quarter revenue estimates aligning with Wall Street expectations. In a regulatory filing on Wednesday, Rivian disclosed its third-quarter revenue is expected to be between $1.29 billion and $1.33 billion. These […]
Rivian Automotive announced on Monday that it achieved record electric vehicle (EV) deliveries for the third quarter of 2023, surpassing Wall Street expectations. The company delivered 15,564 vehicles during the quarter, marking a 23% increase from the second quarter of 2023. Analysts surveyed by FactSet had projected around 14,000 deliveries for the period. All 16,304 […]
In an update on Thursday, electric vehicle manufacturer Rivian has revealed the EPA-estimated range for its Dual-Motor and Performance Dual-Motor R1T models. The company took to X to announce that these models offer the best range in their lineup, boasting up to 410 miles with the Max pack and 21-inch wheels. According to the tweet, […]
In a significant move supporting automotive repair rights, both Tesla and Rivian have endorsed an agreement that advocates for the inclusion of crucial telematics data. This commitment, backed by leading automakers and independent repair shops, signifies a substantial step towards transparency and consumer rights in the automotive industry. Both electric vehicle (EV) manufacturers expressed their […]
Rivian has launched the 2023.30.0 software update for its R1S and R1T models, offering users a slew of new features and enhancements designed to improve their driving experience. Here’s a comprehensive overview of what’s new in this software update made available on August 16, 2023: 1. One-Touch Garage Door Opener: For those constantly on the […]
Electric automaker Rivian has reported a narrower-than-expected loss for its second quarter of 2023. In a positive turn, the company has revised its production expectations for 2023, now aiming to manufacture about 52,000 vehicles. This ambitious target is over twice the number of vehicles it produced in 2022 and an upgrade from its previous forecast […]
Almost a dozen former Tesla employees who left to join Rivian are headed to trial, following a ruling over claims that they breached Tesla’s confidentiality agreements. The employees were accused of stealing proprietary information before joining Rivian. In a tentative decision on Wednesday, a California Superior Court judge denied the employees’ request for summary adjudication, […]
Rivian unveiled its production and delivery figures for the second quarter of 2023 on Monday. The company produced a total of 13,992 vehicles at its manufacturing plant in Normal, Illinois, and accomplished deliveries of 12,640 vehicles in the same timeframe. The current figures align with Rivian’s expectations, reinforcing the company’s confidence in meeting its annual […]
Rivian has announced today a significant partnership with Tesla, granting Rivian drivers access to Tesla’s extensive Supercharger network across the United States and Canada. In a move consistent with its mission to electrify and reduce carbon emissions in transportation, Rivian is also slated to continue the expansion of its own Rivian Adventure Network. With the […]
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 […]
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 […]
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 […]