Rivian upholds 2022 production targets as net loss widens

Electric vehicle maker Rivian affirmed Wednesday that the company is on track to hit its annual production target of 25,000 vehicles despite unpredictable supply chain crunches and component shortages

Rivian has dropped its cheapest trim level due to low customer demand

Rivian is discontinuing the cheapest trim level of its all-electric truck and SUV known as the Explore package due to low demand, according to emails sent this week to customers. The company said in t

3 things to watch for on Rivian’s Q2 earnings day

3 predictions for Rivian’s Q1 earnings

Rivian, the Irvine, California-based electric vehicle startup, has faced mounting production pressures since launching late last year in one of the largest IPOs in U.S. history. In March, the company

Rivian raises price on R1T electric truck, R1S SUV ahead of new dual-motor versions

Rivian has raised the price of its all-electric R1T pickup by 17% and R1S SUV by about 20% as the newly public automaker tries to adjust to inflationary pressure, increases in the cost of raw material

Space Florida’s incredible shrinking Rivian stake

It would have been a legendary payoff for any investor, let alone a public agency: swapping an undrivable car for a multibillion-dollar stake in a hot new EV startup. Until last year, Space Florida, t

Rivian raises $12B in one of the hottest IPOs of 2021

Electric automaker Rivian has priced its initial public offering at $78 a share, pushing it far above its targeted share price as investors dove in the year’s most highly anticipated IPO. Update

First drive: Rivian delivers the electric truck we’ve been waiting for

On its first try, Rivian produced the Goldilocks of pickup trucks. The Rivian R1T electric truck is neither too big nor small. It handles rock crawling and off-camber trails with ease, can zip from ze

Rivian’s first production R1T electric pickup truck rolls off the line

The first production Rivian R1T electric pickup truck in “Rivian blue” rolled off the assembly line Tuesday morning at the company’s factory in Normal, Illinois, marking a milestone

Rivian’s electric R1T pickup truck, R1S SUV get their official EPA ranges

Rivian announced Friday that the first edition version of its all-electric R1T pickup truck has an official EPA range of 314 miles, while its R1T SUV comes in a skosh higher at 316 miles. The official