Rivian CEO RJ Scaringe told Business Insider that the Biden era EV incentives were a "tailwind," but that the business will be fine without them.
Shares of Rivian Automotive fell by 6.5% Tuesday. President Donald Trump's repeal of a 2021 executive order by former President Joe Biden has sent EV-related stocks lower.
Shares of Rivian and Lucid are trading lower Tuesday as the EV sector reacts to major policy changes from President Donald Trump.
Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its "eyes-off" systems in 2026, CEO RJ Scaringe said on Thursday. The company also does not see substantial risk to its loan for a Georgia plant from U.
Shares of Rivian Automotive (NASDAQ: RIVN) slumped today and were trading nearly 7% lower as of 1:30 p.m. ET Tuesday. With Donald Trump taking the oath of office on Monday and revoking as many as 78 executive orders signed by his predecessor Joe Biden -- including one on electric vehicles (EV) -- investors in Rivian are feeling jittery.
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.
Outgoing US President Joe Biden approves funding for clean energy projects just days ahead of President-elect Donald Trump's return to the White House. The funding includes $6.6 billion for electric truck maker Rivian (RIVN) and $1.
The Biden administration cut a multi-billion dollar check for struggling electric vehicle (EV) maker Rivian Thursday, just days before President-elect Donald Trump’s inauguration. The carmaker hemorrhaged cash in 2024 amid a widespread slackening in demand for EVs,
The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.
After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.
Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its "eyes-off" systems in 2026, CEO RJ Scaringe said on Thursday.
Automakers have been competing to introduce more autonomous driving features such as lane-keep assist and adaptive cruise control into their vehicles.