Rivian News Updates

BusinessEquipmentFuel

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
BusinessFuel

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
BusinessTechnologyFuel

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
GovernmentBusinessFuel

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
GovernmentBusinessFuelTCA

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
GovernmentBusinessTechnologyFuel

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
GovernmentBusinessTechnologyAutonomous

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
BusinessFuel

Rivian Boosts EV Output Despite Supply Chain Snags

Rivian Automotive Inc. produced 2,553 vehicles in the first quarter as the maker of plug-in trucks contended with a snarled supply chain and pandemic challenges.

April 5, 2022
BusinessFuel

Rivian Cancels Price Hikes for Existing Customers After Outcry

Rivian Automotive Inc. dropped to a record low after the electric-vehicle maker rolled back price increases on its debut cars for existing customers, marking an about-face as it ramps up production and seeks to win over more buyers.

March 3, 2022
BusinessTechnologyEquipmentFuel

Georgia County Lands Two EV Development Projects

Newton County, Ga., has landed two major electric vehicle development projects that potentially could provide thousands of jobs in the fast-growing suburb east of Atlanta.

January 12, 2022