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VW and Rivian are betting they can help each other with their EV lineups at an increasingly precarious time in the industry.
Rivian's deliveries plunged due to the retooling of its factory and supply constraints. However, management maintained its view that Rivian would turn gross-margin-positive next quarter.
Rivian shares are down 21% due to supply chain issues and demand problems. Read why I downgrade RIVN stock from strong buy to ...
Volkswagen VOW30.12%increase; green up pointing triangle and electric-vehicle startup Rivian Automotive are partnering to create a joint venture with the aim of making electric cars more accessible.
Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still ...
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to ...
Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts' estimates — as the EV startup struggled to resolve a component shortage that ...
On the positive side, Rivian aims to improve its cost structure through manufacturing adjustments. On the lastearnings call the company highlighted its new in-house drive unit, featuring an ...
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
Its investment and partnership with Volkswagen, meanwhile, speaks to Rivian's strong EV technology, especially when it comes to its new zonal hardware design. Overall, I view Rivian as a ...