Rivian R2

Gov. Jay Robert ‘JB’ Pritzker (D-IL) has hailed Rivian Technologies Inc.‘s (NASDAQ:RIVN) production ramp of the R2 crossover SUV at the automaker’s manufacturing facility in Normal, Illinois. ‘Made In Illinois’ “Made in Illinois,” Pritzker said in a...

Patient Rivian Automotive (NASDAQ:RIVN) investors have been waiting for the launch of the R2 SUV, a vehicle that could redefine the company and help boost overall production and deliveries going forward. This upcoming catalyst is getting closer than ever, with the next step in the timeline recently...

Rivian Automotive (NASDAQ:RIVN) and Redwood Materials have announced a partnership to establish a state-of-the-art battery energy storage system at Rivian’s manufacturing facility in Normal, Illinois. The system, built using more than 100 repurposed Rivian battery packs, will...

Rivian Automotive (NASDAQ:RIVN) shares are down 5.2% in pre-market trading on Friday after the company said that it expects to deliver between 46,000 and 51,000 vehicles in 2025, less than the 51,579 deliveries reported in 2024. What Happened: The company said that it expects deliveries to be about...

California-based EV startup Rivian Automotive (NASDAQ:RIVN) on Tuesday released a series of teaser images, accompanied by the message “a mirage takes shape Feb 19.” What Happened: The teaser images feature tire marks on the sand and also an image of the underside of a vehicle. One of...

EV startup Rivian Automotive Inc. (NASDAQ:RIVN) is expanding its factory in Illinois as it gears up for the start of production of its new R2 vehicle. What Happened: “R2 expansion moving quickly!,” Rivian CEO RJ Scaringe said in a post on X, formerly Twitter. The CEO’s post was...

Rivian Automotive (NASDAQ:RIVN) said on Thursday after market close that it is on track to turn a gross profit in the fourth quarter despite a production disruption flagged earlier this year. What Happened: The EV maker on Thursday also reaffirmed its 2024 delivery outlook of 50,500 to 52,000...

Rivian Automotive Inc. (NASDAQ:RIVN) and Lucid Group Inc. (NASDAQ:LCID) are two EV startups that share a lot of similarities. Both are based in California, have made compelling EV products, are eyeing expansion of their addressable market with cheaper offerings, and are – all this while...

California-based EV startup Rivian Automotive (NASDAQ:RIVN) on Thursday announced that its upcoming vehicles are out for a promotional roadshow, starting from Pasadena. What Happened: The roadshow will have both Rivian’s upcoming R2 SUV and R3X crossover. The two vehicles will travel to...

Electric vehicle company Rivian Automotive Inc (NASDAQ:RIVN) shared a new vehicle reservation milestone for the highly anticipated R2 SUV coming in 2026. What Happened: Rivian unveiled the R2 SUV in March as a sub-$50,000 electric vehicle set to help the company increase deliveries and demand and...

Tesla Inc.’s (NASDAQ:TSLA) rivals have replicated its Model Y in a bid to develop cheaper EVs, resulting in a lack of choice for customers in the U.S. EV market looking for cheaper electric vehicles, according to Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe. What Happened: The slowdown in...

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) reported first-quarter financial results that were mixed with revenue beating analysts' estimates and earnings per share missing the consensus estimate. Here's what analysts were saying about the result and the company's future. The Rivian...

EV maker Rivian Automotive Inc (NASDAQ:RIVN) said on Tuesday that it intends to increase annual production capacity at its Normal, Illinois, manufacturing plant to 215,000 vehicles, including 155,000 units of its upcoming R2 SUV. What Happened: Rivian was initially planning to manufacture its R2...

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Rivian reported first-quarter revenue of $1.20 billion, which beat a Street consensus estimate of $1.16 billion according to data...

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) will report first-quarter financial results after market close Tuesday. Here are the earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Rivian to report first-quarter revenue of $1.16...