Rivian’s Georgia Plant to Span 20 Million Square Feet, Shows Site Plans
Following a report last month detailing Rivian’s plans to construct a second, larger production facility east of Atlanta, Georgia, a new image has surfaced showing …
Rivian COO Resigns During R1S, R1T Production Ramp-Up
Rivian COO Rod Copes officially stepped down on Monday, after being in the position since March 2020, and just as the company begins ramping up …
Rivian Hits 71,000 Pre-Orders; Delays Delivery of Some EVs to 2023
Electric vehicle (EV) startup Rivian sent out the first deliveries of its Launch Edition R1T pickup truck in October, and its Launch Edition R1S SUV …
Rivian Posts Q3 2021 Net Loss of $1.2 Billion; New Plant in Georgia Coming for $5 Billion
Electric automaker Rivian released results of its first quarter as a public company, posting a net loss, while also confirming a second EV plant was …
Rivian R1T is the 2022 Motortrend ‘Truck of the Year’
Motortrend has picked the Rivian R1T as its Truck of the Year: Long gone are the days when pickups were simply tools. Today they are, …
Rivian to Build Second U.S. Factory East of Atlanta: Report
Rivian and the state of Georgia plan to announce the company’s second electric vehicle (EV) factory in the U.S., which will be located in Atlanta …
Rivian Seen as ‘the One’ to Challenge Tesla, Says Morgan Stanley
According to Yahoo Finance, a recent report from investment firm Morgan Stanley Research names Rivian as “the one” to beat Tesla. Rivian, an electric vehicle …
Rivian R1S Deliveries Delayed Until Mid-2022, Explains Email to Customers
Just as Rivian starts delivering the first models of the R1T to employees, the company has announced delivery delays for reservation holders of the slightly-more …
Rivian Electric Van Battery Drains 40% Faster When Heating/Cooling is On, Says Driver
Rivian’s first electric vans being tested by Amazon may have less range than expected, depending on the HVAC system’s heating and cooling operations. Details were …
Rivian Surpasses Volkswagen in Market Cap, Despite $0 in Revenue
After Rivian’s proposed starting initial public offering (IPO) price of $62, the company landed a starting price of $76, before the company’s stock jumped in …
Rivian IPO Raises $11.9 Billion, Shares to Trade Under Ticker RIVN
Rivian announced on Wednesday its upsized initial public offering of 153,000,000 shares of Class A common stock was set at $78 per share, raising $11.93 …
Rivian Increases IPO Price Range, Valuation Could Top $65 Billion
In updated securities filings dated Friday, Rivian increased the price range for the 135 million shares it will be offering during its IPO from $57-62 …
Rivian Plans IPO Share Prices Up to $62, Valuation of $54.6 Billion
As Ford and Amazon-backed Rivian has planned for an initial public offering (IPO) of around $50 billion USD since February, the company has officially announced …
Amazon Owns 20% Stake in Rivian, Reveals SEC Filing
In a filing with the Securities and Exchange Commission (SEC) on Friday, Amazon disclosed a sizable stake in electric vehicle (EV) startup Rivian — reports …
First Rivian R1T Electric Truck Deliveries Take Place
After Rivian’s all-electric R1T truck started rolling off the production line last month, the first deliveries are now going out to the startup’s employees and …