Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models
Electric-vehicle startup
Rivian
RIVN -4.93%
Automotive Inc. is discontinuing the cheapest versions of its pickup…
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Browsing Tag
RIVN
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc.
reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle startup to conserve…
EV Maker Lucid Cuts Production Outlook in Half
Electric-vehicle maker
Lucid Group Inc.
LCID 4.21%
said it expected to make half as many cars as previously forecast this year, citing…
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup
Rivian Automotive Inc.
is warning that planned revisions to the EV tax credit would put the young car maker at a disadvantage to…
Amazon Posts Net Loss for the Second Straight Quarter as It Manages Slower Demand
Amazon.
AMZN 1.08%
com Inc. on Thursday posted a net loss for the second straight quarter but said it is making progress in controlling…
Rivian Automotive Lays Off 6% of Its Workforce
Electric-vehicle startup
Rivian Automotive Inc.
RIVN 1.01%
is laying off 6% of its 14,000 employees, a cash-saving…
Lucid, Rivian Each Awarded CEOs More Than $400 Million in Pay Last Year
The chief executives of electric-vehicle startups
Lucid
LCID -0.99%
Group Inc. and
Rivian
RIVN 2.55%…
Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing
At
Rivian
RIVN -5.48%
Automotive Inc.’s factory in Normal, Ill., life is anything but.Car factories around the world routinely churn out…
Rivian Loses Manufacturing Executive as EV Startup Works to Scale Up Output
A top
Rivian Automotive Inc.
RIVN 6.38%
manufacturing executive is leaving the company as part of a broader…
Ford Unloads Further 7 Million Shares of Electric-Vehicle Startup Rivian
Rivian’s factory in Normal, Ill., where it produces the R1T pickup.…