Rivian (RIVN) to lay off 6% of employees
Rivian will lay off a chunk of its workforce to "conserve cash."
All Stories Tagged: Rivian, Page 2
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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.
Rivian (RIVN) is planning to layoff 5% of employees
A new report reveals that Rivian will soon layoff hundreds of workers.
Rivian still expects to build 25,000 EVs in 2022
Over 4,000 Rivian vehicles including its R1T pickups and R1S SUVs have already been produced.
Rivian (RIVN) stock hits all-time low as Ford sells 8 million shares
The electric automaker's stock hit a low of around $23 per share following news that Ford has pulled a chunk of its investment out of the company.
