Rivian Q3 deliveries beat expectations, jump 23% from previous quarter

Rivian reported Monday it produced 16,304 vehicles at its Normal, Illinois factory and delivered 15,564 to customers, a higher-than-expected result that puts the company on track to beat its estimates

Rivian CEO’s plan to make EVs cheaper starts with their computers

Rivian CEO RJ Scaringe provided more details Thursday on the company’s plans to update the hardware in its EVs next year — under a program internally called Peregrine — that he says will res

Rivian beats on Q2 revenue, raises EV production guidance for 2023

Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. The company st

Rivian elects former Waymo CEO John Krafcik to board

John Krafcik, who led autonomous vehicles company Waymo for five years, has joined Rivian’s board of directors, according to a regulatory filing. EV maker Rivian increased the size of its board

Rivian delivers first electric vans to Amazon in Europe

Amazon has begun rolling out its custom electric delivery vans from Rivian in Europe, the e-commerce giant said Monday. This will be Rivian’s first commercial shipment of vans outside the United

Rivian shares pop on better-than-expected Q2 deliveries

Rivian delivered 12,640 electric vehicles in the second quarter, a nearly three-fold increase from the same period last year when the EV upstart was in the thick of supply chain problems. Rivian also

Rivian’s latest acquisition aims to make EV route planning better

Rivian acquired the company behind ABetterRouteplanner, a popular route-planning app used by EV drivers, the company confirmed Wednesday. Rivian didn’t disclose financial terms of the deal to bu

Rivian to adopt Tesla’s North American Charging Standard

Rivian is the latest automaker to jump on Tesla’s North American Charging Standard (NACS). This comes just weeks after Ford and General Motors announced that their upcoming electric vehicles wou

EV maker Rivian narrows losses in Q1, beats on revenue

Rivian may still be burning through cash, but it has managed to narrow losses and generate more revenue as the automaker sells more of its EVs while paring down costs. Rivian reported Tuesday $661 mil

Rivian sticks to 2023 production goal for EVs despite quarterly dip

EV automaker Rivian said Monday it produced 9,395 vehicles at its factory in Normal, Illinois in the first quarter, lower than the previous period but still on track to hit its 50,000 production goal

Rivian in talks with Amazon to remove exclusivity clause of EV van agreement

Rivian is in discussions with Amazon to dissolve the exclusivity piece of their commercial EV van deal, the WSJ reported this morning, citing unnamed sources. If successful, Rivian would be free to se

Another AV company hits the skids, Scout Motors picks a home and Tesla’s tepid investor day

The Station is your central hub for all past, present and future means of moving people and packages from Point A to Point B. 

Rivian shares fall on missed revenue expectations, production forecast

Electric vehicle maker Rivian generated $663 million in revenue in the fourth quarter and $1.66 billion for the full year, a result that was buoyed by an uptick in production and deliveries towards th

Ford sells majority stake in Rivian after reporting $7.3B write-down

Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022, is now

Elon dodges liability, Ford falters and Rivian lays off more workers

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Sub

Rivian to cut another 6% of its workforce

Rivian, the buzzy EV automaker that had one of the biggest IPOs in 2021, is cutting 6% of its workforce for the second time in less than a year, according to an internal memo sent to employees today b

Rivian and Mercedes ‘pause’ plans to produce electric commercial van

Rivian and Mercedes-Benz have paused plans to produce electric commercial vans in Europe just three months after the two automakers announced the partnership. Rivian shares fell as much as 3.4% before

Roadtripping with (and camping in) the Rivian R1S

Let’s be clear: I hate the desert. In spite of competing in last year’s Rebelle Rally and spending a full 10 days completely off the grid, camping, competing, navigating and driving offroa

Facing economic headwinds, Amazon consolidates robotic projects

Westborough, Massachusetts is a quiet town of 22,000, 40 minutes by car southeast of Boston. BOS27 is among the town’s newer residents. The 350,000-square-foot Amazon facility opened its doors a lit

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
Load More