Ford imported a Xiaomi SU7 from Shanghai to Chicago, where CEO Jim Farley has been driving at round for months. The Xiaomi ...
Rivian Automotive Inc.’s RJ Scaringe is definitely driving a fast car, revenue wise. Sales for the ele­­­­­­­­ctric vehicle ...
The 5,000-square-foot outpost at the Lyrik development is a smart-vehicle showroom you can explore with friends, family, and ...
Rivian's 2nd Gen R1 platform will boost margins, increase deliveries, and drive long-term growth in the EV market. Read why I ...
However, the company surprisingly reduced its full-year production guidance, citing a shortage of a shared component on the ...
Earlier this year, CEO R.J. Scaringe promised to achieve gross profitability by the fourth quarter -- a goal that will likely rely on economies of scale to spread fixed costs over a wider number ...
Financial details about the loan that Rivian is seeking aren’t known. However, the EV maker did secure $1.5 billion in state ...
According to CEO RJ Scaringe, the move would save Rivian over $2 billion while getting R2 on the market quicker. Despite this, Rivian has repeatedly insisted it remains committed to the project as ...
Rivian Automotive Inc. shares tumbled after the automaker cut its annual production target, citing a worsening supply crunch at its lone US assembly plant. The company now expects production to ...
Chief Executive Officer RJ Scaringe last month acknowledged the company was contending with “a couple” of challenging supplier issues and specifically referred to EV motors that Rivian makes ...
Rivian CEO R.J. Scaringe mentioned the supply issue at an investor conference last month without providing details. Scaringe stated, "We've had a couple of supplier issues [recently] that have ...