The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering the struggling electric vehicle manufacturer and expanding the ...
Rivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price ...
While Rivian's 2024 delivery outlook of 50,500 to 52,000 vehicles (compared to 50,122 in 2023) remains unimpressive, new cheaper models like the mid-sized R2 and R3 SUVs (starting at $45,000) could ...
Good afternoon and Happy Tuesday, readers. It’s been a busy day for both the Biden administration and incoming Trump ...
A loan from the U.S. Department of Energy could jumpstart Rivian’s stalled plans for an EV facility in Georgia, setting the ...
The Energy Department will provide a nearly $6.6 billion loan to Rivian to finance the development and construction of Project Horizon in Georgia.
The Energy Department said the loan would substantially boost electric vehicles made in the United States and support Biden’s ...
Rivian is battling a class-action securities fraud case in California tied to its much-hyped initial public offering three ...
The Model Y sets the bar, according to Rivian CEO RJ Scaringe.
Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...
Electric vehicle (EV) company Rivian has revealed its tentative plans to return to Stanton Springs for vertical construction, ...
The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.