Rivian News Updates

Business, Technology, Equipment, Fuel

Rivian Plans Hundreds of Job Cuts Following Surge in Staffing

Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric vehicle maker has grown too quickly, according to people familiar with the matter.

July 12, 2022
Business, Technology, Equipment

Rivian Electric Vehicles Attract Eyes in Sun Valley

Apple Inc.鈥檚 Tim Cook was spotted in downtown Sun Valley July 7 taking a ride in a Rivian Automotive Inc. battery-electric pickup.

July 8, 2022
Business, Fuel

Rivian Manufacturing Chief to Depart in Management Shuffle

Rivian Automotive Inc. is shuffling its executive ranks in an effort to help the Amazon.com Inc.-backed company overcome growing pains.

May 27, 2022
Business, Equipment, Fuel

Rivian Dispute With Seat Supplier Could Delay Production of Amazon Vans

Rivian Automotive Inc. fell almost 7% May 16 on word the electric vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon .com Inc.

May 16, 2022
Business, Fuel

Rivian Says Production Increased, Keeps Sales Target at 25,000

Rivian Automotive Inc. said it accelerated production and stepped up sales in the first quarter, keeping the electric pickup maker on track to deliver 25,000 EVs this year.

May 11, 2022
Business, Technology, Fuel

Rivian Tumbles After Report of Ford Share Sale at a Discount

Rivian Automotive Inc. sank 21% after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a discount.

May 9, 2022
Government, Business, Fuel

Rivian Wins $1.5 Billion in State Incentives for Georgia Plant

Electric-pickup maker Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a massive plant near Atlanta, bolstering the company鈥檚 production efforts despite local resistance to the project.

May 2, 2022
Government, Business, Fuel, TCA

Rivian Reaches Deal in Georgia for Environmental Standards

A development authority east of Atlanta has voted to approve an 鈥渆conomic development agreement鈥 for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.

April 28, 2022
Government, Business, Technology, Fuel

Foes Blast Rivian EV Plant at Georgia Meeting

MONROE, Ga. 鈥 Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.

April 20, 2022
Government, Business, Technology, Autonomous

Rivian鈥檚 EV Factory Remains Constrained by Chip Shortage

Rivian Automotive Inc.鈥檚 鈥渓aunch mode鈥 is impressive 鈥 at least on its trucks. The assembly lines are perfectly capable of cruising speed; they just need more computer chips.

April 18, 2022