Federal Loan Throws Rivian a $6.6B Lifeline Amid Mounting Debt and Production Delays
The Biden-Harris administration has announced a $6.57 billion loan to Rivian Automotive (NASDAQ: RIVN) in a move aimed at bolstering
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Rivian Automotive
Rivian Shares Surge as Volkswagen Announces $5 Billion Partnership
German automaker Volkswagen Group (ETR: VOW3) has announced a major investment in US-based EV maker Rivian (Nasdaq: RIVN). The partnership,
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Rivian Boosts Full-Year 2023 Production and Cash Flow Forecasts
After the market closed on November 7, Rivian Automotive, Inc. (NASDAQ: RIVN) reported solid 3Q 2023 results and moderately boosted its full-year
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Rivian Reports Positive Production and Delivery Figures In Third Quarter
Yesterday Rivian Automotive, Inc. (NASDAQ: RIVN) reported better-than-expected vehicle production and delivery results for 3Q 2023. The company manufactured 16,304 electric pickup trucks
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Lucid Posts Weak U.S. Vehicle Registration Data In July
Despite reassuring comments regarding customer demand expressed by Lucid Group’s (NASDAQ: LCID) CEO throughout much of 2023, hard data continues
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Rivian Sees Revenue Cross The $1.0 Billion Mark For The First Time
Rivian Automotive, Inc. (NASDAQ: RIVN) reported solid 2Q 2023 results on August 8 after the close of markets, while modestly boosting
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Volkswagen’s Investment In Xpeng Could Be A Template For Future EV Deals
Volkswagen’s July 26 announcement that it will invest US$700 million to gain an approximate 5% in Chinese electric vehicle (EV) maker
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Rivian: Consumers Avoid Electric Pickup While Waiting In Line For SUV
Rivian Automotive, Inc. (NASDAQ: RIVN) is having much more success selling its R1S SUV than its R1T electric pickup truck. A
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Rivian Confirms 2023 Production Guidance of 50,000 Vehicles, Meets Q1 Expectations
Tuesday after the market close, Rivian Automotive, Inc. (NASDAQ: RIVN) reported 1Q 2023 results that were by no means good but were
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Ford’s EV Business Operating Loss Signals Hard Road Startups Face to Achieving Profitability
On May 2, Ford Motor Company (NYSE: F) reported 1Q 2023 earnings results which included a fairly detailed breakdown of the revenue
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