NORMAL, Ill. (WMBD) — Rivian announced it’s on track to meet its 2024 production goals on Tuesday. According to Rivian, it ...
Today's drop seems to be more of the same. Bigger-picture EV news that implies a continued drop in demand seems to be hitting ...
Adventure EV-maker Rivian (RIVN) and its beleaguered shareholders received a nice boost today, in the form of updated delivery numbers. Rivian announced that in the second quarter, it had produced ...
Rivian Automotive inc. laid-off about 1% of its workforce April 17. The layoffs come after the company laid off 10% of its ...
When we asked for the same info from Rivian, we were told the same answer: “We don’t break down the vehicle split on production numbers for R1,” said a spokesperson at Rivian. It also means ...
EV-maker Rivian (RIVN) issued some positive news today to investors, announcing that Q1 deliveries topped estimates for the quarter, and that its annual production forecast is still on track. For the ...
Despite disappointing shareholders with a flat production and delivery outlook for 2024, the company’s focus on achieving ...
While the quarter "was not without issues," Ives said, "it does finally appear that Rivian is on the right track with strong ... to be the bottleneck of our production,” Rivian said in its ...
Furthermore, Rivian has reiterated the company is on track to meet its 2022 production projection of 25,000 net units manufactured. Sales in the second quarter were $364 million. However ...
Rivian said it will sell $1.5 billion in convertible bonds as it looks to fund the production of its R2 electric ... and said it was on track to produce around 52,000 vehicles this year.
Rivian delivered 13,972 vehicles during Q4. The company has guided for the production of 57,000 vehicles this year and noted that it is still on track to satisfy this. 2023 production tallied in ...