Rivian revealed very positive electric vehicle production and delivery numbers for the fourth quarter and full year 2023. During the fourth quarter of 2023, the company produced 17,541 battery ...
Rivian might have exited 2023 with a ton of momentum, but that's fizzled throughout 2024 -- here's why investors shouldn't give up on the young EV maker. Let's briefly recap the recent speed bump ...
Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news came as the company reported third quarter production and delivery ...
EV company Rivian Automotive reported a gross loss per unit delivered in the third quarter of $39,130, following a drop in ...
The Enduro motor, which first debuted in vehicles in 2023, is emblematic of Rivian’s push to become more vertically integrated and less reliant on suppliers. In this case, the effort to bring ...
Rivian didn't name the shared component or the supplier. In 2023, Rivian produced 57,232 vehicles and had expected a similar number this year before the Oct. 4 downgrade. The company's shares were ...
Rivian raised nearly $3 billion in 2023 alone, including a $1.5 billion bond issuance last October. Yet even as it raised money along the way, Rivian's cash position has decreased dramatically in ...
In 2023, Rivian overcame those challenges to produce 57,232 EVs and deliver 50,122. Its growth accelerated as it resolved its supply chain problems and ramped up production of its in-house Enduro ...