Rivian

March 9, 2023

EV Upstart Rivian Plans to Raise Additional Capital as Demand Concerns Arise

Rivian is facing hurdles to ramp up production due to disruptions in its supply chain & this may have raised concerns if the Irvine-based company needs to raise capital. These concerns were

Business·Mobility

Rivian’s “Production Master Plan” Targets 62,000 Vehicles in 2023 & Sparks Speculations

Rivian has reportedly informed its employees that it can produce 62,000 electric vehicles in 2023, according to anonymous sources.

March 7, 2023

Rivian Prioritizes Pricier Vehicle Deliveries, Leaving Early Customers Outraged

Mobility·USA

This week, Rivian has caused frustration to its earliest customers further by changing delivery dates. Last year, Rivian had to face the consequences of

Volkswagen and Rivian Form $5.8 Billion Joint Venture Targeting EV Tech Integration and Financial Recovery

Business·Mobility·News

In a calculated move to counter mounting Chinese competition and accelerate its electric vehicle capabilities, Volkswagen has finalized a $5.8 billion investment in Rivian

Business·Electric·Mobility·News

Rivian Secures $6.6B DOE Loan Amid 50% Stock Drop, Delayed Georgia Plant, and Union Talks

The U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing Program has issued a conditional commitment of $6.6 billion to Rivian Automotive Inc. The loan consists of $6 billion principal with $600 million

Sunita Somvanshi

November 26, 2024