Rivian might have exited 2023 with a ton of momentum, but that's fizzled throughout 2024 -- here's why investors shouldn't give up on the young EV maker. Let's briefly recap the recent speed bump ...
EV company Rivian Automotive reported a gross loss per unit delivered in the third quarter of $39,130, following a drop in ...
Before we jump into the news, I wanted to steer you toward a recent TechCrunch Equity podcast episode with Waabi co-founder ...
Rivian raised nearly $3 billion in 2023 alone, including a $1.5 billion bond issuance last October. Yet even as it raised money along the way, Rivian's cash position has decreased dramatically in ...
The Enduro motor, which first debuted in vehicles in 2023, is emblematic of Rivian’s push to become more vertically integrated and less reliant on suppliers. In this case, the effort to bring ...
Rivian plans to deliver between 50,500 and 52,000 EVs in 2024, up from 50,122 in 2023. Although during its first Investor Day in July, Rivian said it still expects to achieve its first profit in ...
Since January 2023, Rivian has received two serious OSHA citations. Initial citations should not be confused as final citations, and to suggest otherwise is incredibly misleading.” The company ...
The goal was previously 57,000 vehicles, which would have roughly matched the start-up’s manufacturing figures from 2023. Rivian said it is experiencing a shortage of a shared motor component ...
In 2023, Rivian overcame those challenges to produce 57,232 EVs and deliver 50,122. Its growth accelerated as it resolved its supply chain problems and ramped up production of its in-house Enduro ...
Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still ...