Rivian’s First Recall: Airbags May Not Disable for Kids in R1T Trucks
Rivian recalled 502 R1T electric pickups due to sensors in the front passenger seat not disabling the airbag when a child is present, according to …
Rivian Q1 2022: 1,227 Deliveries, $1.59 Billion Lost, New Pre-Order System Coming
Electric vehicle maker Rivian has announced its Q1 2022 earnings, revealing it produced 2,553 vehicles, while delivering 1,227 of them and generating $95 million in …
Ford to Sell Off 8 Million Shares from its Rivian Stake: Report
Ford Motor Co. is planning to sell 8 million shares out of its 12% stake in electric truck startup Rivian Automotive — reports CNBC. Ford will …
Rivian’s $5 Billion U.S. Plant in Georgia Approved: Here’s What It’ll Look Like
Rivian announced on Monday its second U.S. plant has been approved by the State of Georgia. The electric automaker’s Georgia plant was approved and signed …
Amazon Takes $7.6 Billion Hit on its Rivian Investment in Q1
After Ford announced a $3.1 billion loss on its 12% stake in electric vehicle automaker Rivian yesterday, Amazon has similarly announced a loss from the …
Ford Reports $3.1 Billion Loss in Q1, Due to Rivian Investment
Ford, an early backer of Rivian, posted a $3.1 billion loss, due to the EV startup’s shares sliding since its November IPO, according to CNN. …
Rivian Delivers 1,227 Electric Cars in Q1 2022
Rivian announced on Tuesday it produced 2,553 electric vehicles for Q1 2022, while 1,227 cars were delivered, for the quarter ending March 31, 2022. These …
Rivian Starts Hiring for Upcoming Atlanta Service Center
Rivian announced plans to hire “dozens of local workers” at an upcoming Atlanta service center, according to Biz Journals. The automaker will renovate a warehouse …
Rivian Hires Former Magna Executive as Chief Operations Officer
After Rod Copes retired as the Chief Operations Officer of Rivian last year, the company has officially selected a replacement to fill the position. Rivian …
Rivian to Switch to LFP Battery Cells for Entry Packs, Following Tesla
Rivian plans to change the types of electric vehicle (EV) battery cells it uses, the company said on Thursday in a Q4 2021 shareholder letter. …
Rivian Delivers 909 Vehicles in Q4 2021, Posts $383 Million Gross Profit Loss
Rivian announced its Q4 2021 earnings on Thursday, revealing it had delivered 909 electric vehicles to customers in the quarter. The automaker saw $54 million …
Rivian Reverses Price Increase on Existing Orders After Backlash
On Thursday, Rivian CEO RJ Scaringe released a press release in which the company apologises for the recent increase in their vehicles, and vows to …
Rivian Aims for 10% EV Market Share by 2030 as Production Ramps Up: CEO
Rivian Automotive CEO R.J. Scaringe said on Thursday that the electric vehicle (EV) startup is “making progress” with the ramp-up of production at its Normal, …
Ford Expects Record $8.2 Billion Gain on its Rivian Investment
As electric vehicles (EVs) shift to become the primary focus for most automakers, vehicle manufacturing giant Ford says its already seen major gains on a …
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 …