Rivian News

3 weeks ago

Rivian and Volkswagen Group Launch Joint Venture for EVs

Volkswagen and Rivian have commenced a joint venture focusing on developing electrical architecture and software for new software-defined electric vehicles, debuting in 2027.

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4 weeks ago

Auto Industry Reduces Capital Spending Amid Economic Concerns

Major automakers are implementing cost-cutting measures, including layoffs and production cuts, in response to declining profits and shifting market dynamics.

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Rivian and Volkswagen Group Form Joint Venture for EV Tech

Rivian and Volkswagen Group establish a joint venture focused on developing electric vehicle technology, aiming to enhance innovation and reduce costs in the sector.

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Volkswagen Increases Investment in Rivian to $5.8 Billion

Volkswagen raises its joint venture investment in Rivian to $5.8 billion, contingent on achieving specific milestones for project success and financial growth.

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Volkswagen Increases Investment in Rivian to $5.8 Billion

Volkswagen has escalated its investment in Rivian to $5.8 billion through a joint venture aimed at developing electrical architecture and software systems for future vehicles.

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Rivian and Volkswagen Expand Joint Venture to $5.8 Billion

Rivian and Volkswagen have announced a joint venture valued at $5.8 billion, with initial VW electric models expected by 2027.

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Rivian and Volkswagen Launch $5.8 Billion Joint Venture

Rivian and Volkswagen establish a joint venture valued at $5.8 billion, focusing on next-generation electric vehicle technologies and software integration.

Rivian R2 to Feature New LG Cells with Enhanced Capacity

Rivian partners with LGES for advanced battery cells in the R2, increasing capacity and efficiency as production targets a 2026 launch.

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Rivian Partners with LG for R2 Battery Production in Arizona

Rivian will source next-gen cylindrical batteries from LG Energy's Arizona plant for the R2 SUV, supporting its US manufacturing strategy as it aims for market sustainability.

Rivian Adjusts Earnings Forecast Following Q3 Revenue Miss

Rivian Automotive revises its annual earnings guidance after reporting lower than expected third-quarter revenue and losses, attributing it to production disruptions.

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Overview of Electric Vehicle Platform Development Pathways

The article examines various electric vehicle platform types, highlighting their design flexibility and development challenges faced by manufacturers during the transition to electric mobility.

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7 weeks ago

GoFastCampers Launches Platform Camper for Rivian R1T

GoFastCampers introduces a custom camper for the Rivian R1T, designed for enhanced functionality while maintaining vehicle integrity, starting at $9,450.

7 weeks ago

Clarifying Distinctions Between Scout Motors and Rivian

Scout Motors and Rivian, though similar in design and purpose, operate as distinct brands with different platforms and target price points.

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8 weeks ago

Scout Motors to Unveil Electric Trucks and SUVs Tomorrow

Scout Motors is set to reveal its first electric concepts, focusing on trucks and SUVs, amid significant U.S. market developments in EV manufacturing and policy.

8 weeks ago

Rivian Electric Utes Target Australian Mining Sector

Rivian electric utes are set to enter the Australian mining market, with Mevco facilitating trials and deployments amidst growing interest in zero-emission vehicles.

11 weeks ago

Rivian Plans Electric Vehicle Production in Georgia by 2027

Rivian seeks DOE loan to fund its Georgia factory, aiming for partial operations by Q3 2027, with full production capacity expected in 2028.

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11 weeks ago

Rivian Lowers 2024 Production Forecast Amid Supply Issues

Rivian has revised its 2024 production target to 47,000-49,000 vehicles due to supply chain disruptions, affecting Q3 delivery performance significantly.

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3 months ago

Volkswagen to Invest $5 Billion in Rivian Amid Challenges

Volkswagen's strategic investment in Rivian aims to bolster both firms' positions in the evolving electric vehicle market while navigating existing financial and operational challenges.

Rivian Suspends EDV Production Amid Parts Shortage

Rivian has temporarily halted Electric Delivery Van production due to a parts shortage, although it remains unaffected in other vehicle lines.

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Tesla EV Alternatives Available in 2024

A review of competitive electric vehicle options against Tesla's lineup, highlighting key specifications and features of various models in the current market.

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Rivian R2 Charge Port Relocated to Left Rear Position

Rivian confirms the charge port for the R2 will move to the rear driver's side, aligning with Tesla's established design for enhanced compatibility at Supercharger stations.

Rivian Reports Mixed Q2 Results Amid Production Challenges

Rivian's Q2 earnings showed revenue growth but increased losses, alongside a decrease in vehicle production, due to ongoing retooling efforts and inventory issues.

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Rivian Reports Q2 2024 Financial Results and Partnership

Rivian Automotive announces financial outcomes for Q2 2024, reaffirming guidance and detailing a joint venture with Volkswagen Group to enhance software technology.

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Rivian Introduces Large+ Battery Option for R1 Models

Rivian launches a Large+ battery option, matching capacity of its Large Pack, to enhance delivery speed amid high demand.

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5 months ago

Rivian CEO Confirms R3X to Arrive Before R3

Rivian CEO plans for R3X electric hatchback to debut prior to base R3, following R2 production start in 2026. The R3X will lead the R3 lineup.

5 months ago

Rivian Repurposes Former Gas Station for EV Charging Gateway to Yosemite

Rivian transforms a former gas station into an EV charging hub, the Yosemite Outpost, offering education, amenities, and net zero energy with US Solar collaboration.

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5 months ago

Rivian Releases Q2 Production Figures and Sets Date for Second Quarter 2024 Results

Rivian Automotive, Inc. met production and delivery targets for Q2 2024, producing 9,612 and delivering 13,790 vehicles. The company reaffirmed guidance for an annual production of 57,000 vehicles.

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Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs

Rivian's investor event highlighted cost-cutting initiatives and in-house technologies, with focus on efficiency and profitability goals by 2027. Despite initial share gain, stock fell during event.

Rivian teases five new electric vehicles in investor presentation

Rivian revealed plans for five new electric vehicles, including a crossover, hatchback, and mystery model, alongside potential investment from Volkswagen Group. The expansion aims to compete in the evolving EV market.

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Volkswagen invests $5B in Rivian for EV collaboration

Volkswagen Group commits up to $5 billion investment in Rivian to collaborate on next-gen electric vehicles. Joint venture to focus on new electrical architecture and software tech for potential integration into VW's Scout EV brand.

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Volkswagen's $5 billion investment in Rivian could take years to pay off: advisory firm

Volkswagen's $5 billion investment in Rivian is a strategic move to enhance its presence in the electric vehicle and autonomous driving sectors. Despite lagging behind competitors, the partnership aims to strengthen Volkswagen's position in the market.

Volkswagen's $7.5 billion investment in Rivian for electric vehicles

Volkswagen commits up to $7.5 billion investment in US electric vehicle startup Rivian to develop next-gen technology, aiming to launch vehicles in the latter half of the decade.

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Volkswagen invests up to $5 billion in Rivian, shares surge over 50%

Volkswagen Group plans to invest up to $5 billion in electric vehicle startup Rivian, with an initial $1 billion injection. The partnership aims to develop electrical technology with Rivian's expertise for mutual benefit in an industry facing slower EV adoption rates.

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Rivian to Host Investor Day on June 27, 2024

Rivian Automotive, Inc. (NASDAQ: RIVN) will host an Investor Day on June 27, 2024, providing updates on company progress and key priorities in accelerating the global transition to zero-emission transportation.

Rivian Redesigns All-Electric R1 Pickup and SUV, Adds Nvidia Chips and Improves Performance

Rivian Automotive enhances its R1 pickup and SUV models with Nvidia chips, increasing range, performance, and computing power. Pricing adjustments accompany improved features to boost sales in the challenging EV market.

Rivian Plans to Produce 155,000 R2 Electric SUVs Annually in Illinois Plant

Rivian plans to increase production capacity at its Illinois plant for the R2 electric SUVs with a target of 155,000 units annually, aiming for greater efficiency and risk reduction.

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Rivian Releases First Quarter 2024 Financial Results

Rivian Automotive, Inc. exceeded expectations in Q1 2024 with increased vehicle production and delivery figures. The company unveiled a new midsize platform, secured an incentive package, and reported positive revenue growth.

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Businesswire

Rivian Appoints Javier Varela as Chief Operations Officer

Rivian Automotive, a leading American electric vehicle manufacturer, has appointed Javier Varela as its new Chief Operations Officer. Varela will focus on improving operational efficiencies and production of the R2 midsize SUV, with a background in key functions from Volvo Cars.

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Rivian to Receive $827M in Illinois State Funding to Expand Normal, IL Facility

Illinois provides Rivian Automotive with an $827M incentive package for expanding its manufacturing plant in Normal. The investment aims to enhance operations and infrastructure, preparing for the production of the R2 SUV.

Rivian R1S and R1T Models Under $80K Qualify for Tax Credit

All Rivian R1S and R1T configurations priced below $80,000 are eligible for a $3,750 federal tax credit, including new Standard battery options.

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Rivian reaffirms commitment to Georgia EV plant as state seeks answers

Rivian confirms plan to build electric vehicles in Georgia, shifting production of R2 SUV to IL for cost savings. Despite delays, the company maintains commitment to Georgia with 68,000 reservations received for R2.

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Electrek

Australian Contractor Signs Deal with Rivian to Provide Electric Utes at Mine Sites

Mevco partners with Rivian Automotive to introduce the R1T electric ute to Australian mine sites in response to government fuel-efficiency standards, reflecting a broader industry shift towards sustainability.

Rivian Celebrates Production Milestone with 100,000 EVs Built

Rivian, the electric vehicle startup, has hit a significant milestone of producing 100,000 EVs, showcasing rapid growth and commitment to sustainable mobility solutions with new, lower-cost platforms on the horizon.

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Rivian Reports Record Production and Deliveries in Q1 2024

Rivian's Q1 2024 results saw a notable rise in production and deliveries of their electric vehicles, with a 49% increase in vehicles produced and a 71% growth in deliveries from the previous year. Despite this positive performance, the company maintained a production guidance of 57,000 vehicles for 2024, the same as in 2023. Rivian's focus on expanding in the US market has paid off, with deliveries in Canada beginning in November 2022, showcasing an overall strong performance in the EV industry.

Rivian Electric Vehicles: Prices, Comparison, and Value Analysis

Rivian, an electric vehicle startup, offers the R1T pickup and R1S SUV models priced from $69,900, competing with established brands like Ford and Chevrolet in the EV market.

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9 months ago

Over 16,000 Tesla Supercharger Stalls Open To Ford, Rivian And Others: Exec

Tesla opens over 16,000 Supercharger stalls to Ford, Rivian, and other non-Tesla EV owners, allowing access to faster V3 and V4 chargers with NACS adapters, enhancing charging experiences.