Rivian

EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion

The move shows that the Tesla plan for Musk could become a model for companies aiming to grow fast.

Rivian is focusing on improving manufacturing efficiency and streamlining operations.

Rivian to cut 600 jobs as loss of EV tax credit hits demand: source

The EV maker has struggled to achieve consistent profitability

The company’s upcoming R2 has a lower price and uses batteries made in Arizona, which could help it be more resilient to swings in trade policy.

Rivian cuts EV delivery outlook, sees tariff impact

Reducing its sales outlook shows how Trump’s trade policies and related economic worries risk worsening an existing slowdown in electric vehicle demand

Rivian says it expects to sell between 46,000 and 51,000 EVs this year, below the roughly 54,800 average of analyst estimates compiled by Bloomberg.

Rivian records first gross profit as EV policy risks loom

RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that policy shifts in Washington may weigh on its electric vehicle (EV)...

Rivian’s architecture requires fewer electronic control units and significantly less wiring, reducing vehicle weight and simplifying manufacturing.

Rivian says other automakers ‘knocking on door’ about tech from Volkswagen joint venture

A JOINT venture between US electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive s...