Rivian's first quarter of positive gross profit is a major milestone. But the company warns of a tougher year yet ahead.
The good news is that on Thursday afternoon, Rivian reported a fourth-quarter gross profit of $170 million, a result of sales ...
Rivian makes excellent electric trucks and SUVs, but it's not great at actually making money on them yet — the company loses tens of thousands of dollars on every EV it gets out the door.
Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: much of it was driven by sales of regulatory credits to other automakers, rather than ...
CEO RJ Scaringe said the light bar on its EVs could change color to indicate when driver assists are enabled. CEO RJ Scaringe said the light bar on its EVs could change color to indicate when ...
food trucks (please! I hate smelling exhaust instead of food!) and so on. It didn’t take long for Rivian to get some interest from other firms, and we’ve seen spy photos of Rivian vans in ...
Rivian operates in an increasingly crowded EV market, competing not only with established automakers transitioning to electric vehicles but also with other EV startups. The company's focus on electric ...
Well, you're in luck, because Rivian -- maker of some of our favorite electric trucks and SUVs-- announced today that it's opening sales for its commercial delivery van to "fleets of all sizes in ...
While mainly known for its electric pickup trucks and SUVs, Rivian also sells electric commercial delivery vans to Amazon. The online retailer was an early investor in Rivian, and the EV maker has ...
Rivian will sell its commercial electric vans to any U.S. business that wants one — more than a year since ending an exclusivity deal with backer Amazon. The company will sell two vans — the ...
Rivian shares have risen 30% in value since November. But the EV maker's biggest gains are likely still ahead. Meanwhile, its valuation is still comparatively cheap. Rivian had a tough 2024. Sales ...
Thinking about upgrading your EV? Rivian (RIVN) launched a new promo on Tuesday, offering up to $6,000 to upgrade your R1S or R1T. Here’s how you can snag some savings. Rivian delivered over ...
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