Rivian Automotive Inc. shares fell the most ever after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt.
October 5, 2023Rivian News Updates
Rivian Plans to Issue $1.5 Billion in Convertible Debt
Rivian’s Forecast Falls Short
Rivian Automotive disappointed investors by maintaining its full-year guidance even as production and deliveries in the third quarter exceeded Wall Street expectations.
October 2, 2023Rivian Adds Former Porsche Exec as Chief Commercial Officer
Rivian announced Sept. 1 that it has poached former Porsche executive Kjell Gruner to add to its team at a critical juncture for the electric vehicle startup.
September 5, 2023Rivian Will Build 52,000 EVs This Year, More Than Planned
Rivian Automotive Inc. expects heavy losses to continue as it boosts production plans for the year and works to reestablish itself as a rising player in the increasingly crowded EV market.
August 8, 2023Rivian to Open Chicago Showroom in September
Nearly two years after launching production of its electric pickup trucks and SUVs in Normal, Ill., Rivian is planning to open its first showroom in Chicago.
July 20, 2023Rivian CEO Scaringe Eyes New Commercial Clients
Rivian Automotive Inc. is ready to take on more commercial partners beyond Amazon.com Inc. after a recent run of production success.
July 6, 2023Amazon Fleet Electrification Sees 5,000 Rivian Vans on Roads
Amazon's electrification of its delivery fleet gained pace over the past six months while still lagging earlier targets. The e-commerce giant has rolled out more than 5,000 EVs in the past year.
July 6, 2023Rivian Ships First Amazon Electric Delivery Vans to Europe
Rivian Automotive Inc. started delivering the electric vans it makes for Amazon to Europe in the EV maker’s first commercial shipments outside the U.S.
July 5, 2023Rivian Adopts Tesla’s EV Charging Standard
Rivian Automotive Inc. will incorporate Tesla Inc.’s electric vehicle charging ports into future automobiles and gain access to its supercharger network.
June 20, 2023Trump Hints He Would Pull Plug on EV Tax Credits, Incentives
While Georgia sits at the center of a surge in electric vehicle manufacturing, former President Donald Trump took aim at the state’s fastest-growing industry in a speech there.
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