Before the COVID-19 pandemic, McLean County, Illinois, was known mostly as the home of State Farm Insurance in Bloomington ...

As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...

Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...

Electric vehicle startup Rivian and German automobile giant Volkswagen have finalized their joint venture. Here's a deeper ...

Rivian is teaming up with Volkswagen in a $5.8 billion joint ... Related: EV maker getting $827 million from Illinois to ...

Rivian’s losses widen in Q3 amid parts shortages and weak margins. Read why RIVN stock is currently a hold while awaiting ...

While Tesla is by far the top EV seller in the US, Chief Executive Officer Elon Musk has said the company will be better ...

The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...

Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...

Rivian's deliveries plunged due to the retooling of its factory and supply constraints. However, management maintained its view that Rivian would turn gross-margin-positive next quarter.

Rivian shares are up 13% in premarket trading after Volkswagen increased their planned investment to $5.8 billion.

Hurt by supply constraints and the retooling of its factory, Rivian's third-quarter revenue plunged 35% year over year to $874 million as the company delivered 10,018 vehicles in the quarter ...