Rivian - Page 3

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Rivian loses $2.6b in Q3, promises production jump in Q4

Electric pickup and SUV brand Rivian is going through the hard slog of scaling its operations, but still plans to make 25,000 cars this year.

Derek Fung

Mercedes-Benz and Rivian to build electric vans together in Europe

Mercedes-Benz and Rivian will join forces for a new European factory to build large electric vans using their own technologies.

2 years ago

William Stopford

Rivian planning rally-inspired flagship performance SUV - report

Rivian's rugged R1T and R1S electric vehicles could be joined by a more overtly performance-focused, quad-motor R1X SUV.

2 years ago

Jack Quick

Rivian CEO aims to build a million electric vehicles in 2030

Electric vehicle startup Rivian wants to expand its commercial vehicle range as aims to produce a million electric vehicles annually by 2030.

2 years ago

Derek Fung

Rivian plans to cut five per cent of workforce - reports

With economic headwinds growing stronger, Rivian is looking to cut costs and reduce its employee count even as it struggles with production.

2 years ago

Jack Quick

Rivian ramps up production in second quarter of 2022

Rivian says it has produced 4401 vehicles in the second quarter 2022, putting it on track to achieve its 25,000 production goal this year.

2 years ago

Jack Quick

Ford sells more Rivian shares

Over the last week Ford has sold almost A$600 million in Rivian shares following the EV startup's $2.3 billion first-quarter loss.

2 years ago

Mike Costello

Rivian posts big Q4 loss, reveals output

American EV startup is battling some serious headwinds, as it seeks to scale-up production in difficult times.

2 years ago

William Stopford

Rivian apologises for price hike, will honour existing pre-order pricing

Just days after announcing price hikes, Rivian's CEO has apologised and said the company will honour old pricing for pre-orders.

2 years ago

Jack Quick

Rivian R1S electric SUV deliveries commence

The first production Rivian electric SUVs have been handed to the company's CEO and CFO, just before customer deliveries kick off.

2 years ago

William Stopford

Rivian building second factory for "next generation" vehicles

Rivian will fall shy of its 2021 production target but it's looking ahead, with a second factory set to open in 2024 and produce next-generation vehicles.

2 years ago

Derek Fung

Ford and Rivian cancel jointly-developed EV

By mutual consent, Ford and Rivian have decided to cancel plans for a Ford-badged model using Rivian's platform.

2 years ago

William Stopford

Monster Rivian IPO has it valued at over US$100 billion

Rivian's initial public offering has gotten off to a cracking start, with a market valuation of over US$100 billion – more than Ford and General Motors.

2 years ago