Rivian
Rivian founder RJ Scaringe snaps up $1M worth of EV maker’s stock
Rivian founder and CEO RJ Scaringe bought 41,000 shares of company stock worth about $1 million, a securities filing posted Monday afternoon shows. The latest proxy filing, which pre-dated this purcha
Rivian says pricing dispute with seat supplier threatens Amazon van program
Rivian filed a complaint against Commercial Vehicle Group, alleging that the supplier violated a contract and nearly doubled prices on a custom seat package bound for the electric vans it’s prod
The Station: VW resurrects Scout as an EV brand and mobility SPACs have a helluva week
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Rivian founder and CEO RJ Scaringe is coming to TechCrunch Disrupt this October
In the growing catalog of EV automakers that have launched in recent years, Rivian is perhaps the buzziest. The company’s two all-electric vehicles, the R1S SUV and R1T pickup, have captured the
Rivian shares pop even as Q1 losses widen amid EV production ramp up
Rivian saw its first-quarter losses widen nearly fourfold as the EV maker burned through cash battling supply chain constraints and production bottlenecks to bring its electric vehicles to market. Riv
Daily Crunch: Terraform Labs CEO goes public with strategy to re-peg sliding UST stablecoin
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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
VW aims to launch Scout, an EV off-roading brand
VW Group is on the precipice of launching a new dedicated EV company in the United States called Scout that will produce an all-electric pickup and a rugged off-roading SUV geared toward the American
Daily Crunch: PayPal Ventures leads $50M Series B for Egyptian fintech Paymob
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Rivian shares down more than 17% following report of Ford sell-off
Rivian’s stock price fell more than 17% Monday, a drop prompted by a CNBC report that Ford was selling 8 million shares of the EV automaker. Ford held a 12% stake, or about 102 million shares, o
The Station: Lyft and Uber driver incentives, Formula 1 tech and unpacking Rivian’s $1.5B incentives package
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Daily Crunch: Startup that transforms real-world items into NFTs raises $6.9M seed round
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Rivian lands $1.5B incentives package to build massive EV factory in Georgia
Rivian will receive a $1.5 billion incentives package to build its massive factory in Georgia, according to documents posted Monday by the state’s Department of Economic Development. That sizabl
The Station: Elon’s Tesla share sale, Ford teases a second EV truck and GM’s Cruise spending ramps
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Ford earnings weighed down by Rivian stake
Ford reported Wednesday a multibillion-dollar loss in the first-quarter due to a massive write-off on the value of its stake in Rivian. Shares still rose in after-hours trading as investors focused mo
3 predictions for Ford’s Q1 earnings
Ford’s onslaught of electric truck news this week seems calculated to lay claim to the profitable segment — and overshadow a new General Motors rival — ahead of its first-quarter financi
Ford kicks off EV truck sales battle as F-150 Lightning production begins
Ford has started production of the F-150 Lightning pickup truck, a milestone for the automaker that will test whether the never-ending demand for F-Series trucks — the profitable cornerstone of its
Lexus unveils its first EV, an SUV that looks a lot like the Toyota bZ4X
Toyota’s Lexus is the latest luxury brand this week to unveil its first-ever battery-electric vehicle, a surprisingly low-range SUV called the RZ that is supposed to set the direction for its fu
Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan
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Rivian picks up EV production in Q1, on track to hit annual target
Rivian produced 2,553 vehicles in the first quarter, putting it on course to meet its production goal of 25,000 EVs this year, the company said Tuesday. Rivian also reported that it delivered 1,227 ve