Rivian (RIVN) and Amazon may break exclusivity deal for EV delivery trucks
The change may allow Rivian to find additional partners for its EV delivery trucks.
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Rivian (RIVN) stock falls on news of $1.3 billion capital raise
The company plans to sell convertible notes as a way to help raise money for the launch of its R2 vehicles.
Amazon (AMZN) Q4 2022 net income hit by $2.3 billion valuation loss in Rivian
Amazon's investment in the electric vehicle maker ended up leading to a huge loss in income for Amazon's Q4 2022 bottom line.
Rivian (RIVN) to lay off 6% of employees
Rivian will lay off a chunk of its workforce to "conserve cash."
All cars eligible for the $7,500 IRS EV clean vehicle tax credit
These are the vehicle models eligible for the IRS' clean vehicle EV tax credit.
Rivian (RIVN) Q3 2022 revenue misses expectations, reaffirms production target
The company fell short of revenue expectations, but remains on track to meet its goal of 25,000 vehicles produced in 2022.
Rivian on track to meet 2022 goals with production growing 67% in Q3
The company remains on track to build 25,000 EVs by the end of 2022.
Mercedes Benz and Rivian form joint venture to build EV vans in Europe
Production will reportedly begin in a few years with two different EV models that'll be built on the same assembly line.
California ban on sales of new gas-powered vehicles takes effect in 2035
Over the next 13 years, car manufacturers in California will need to phase out production of gas-powered vehicles.
Amazon (AMZN) takes $3.9 billion writedown in Q2 2022 on Rivian (RIVN) investment
Amazon's (AMZN) investment in Rivian (RIVN) caused woes for the stock this quarter.
