Now, the area illustrates a trend that’s bringing more factories to small cities with lower costs of living: It has thousands ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Electric vehicle startup Rivian and German automobile giant Volkswagen have finalized their joint venture. Here's a deeper ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
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 ...
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 ...
The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...
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.