Rivian's next-generation facility to strengthen American innovation will hire more than 7,500 people to produce world-class vehicles Rivian (NASDAQ:RIVN) today announced it has closed its loan agreement with the U.S. Department of Energy's (DOE) Loan Programs Office (LPO) for up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) in financial support for the construction of its next manufacturing facility in Stanton Springs North, near the City of Social Circle, Georgia. These funds will help secure American leadership in electric vehicles while supporting the creation of 7,500 new manufacturing jobs and accelerating the volume expans

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period. On a full-year 2024 basis, the company produced 49,476 vehicles and delivered 51,579. These figures were in line with management's full-year 2024 guidance of 47,000 to 49,000 vehicles produced and 50,500 to 52,000 vehicles delivered. In addition, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian's production. The company also announced that

TORONTO, Dec. 19, 2024 /CNW/ - Today SiriusXM Canada announced that electric vehicle manufacturer Rivian has launched SiriusXM's audio entertainment experience to all new and existing Rivian R1T and R1S models. The collaboration, which directly integrates SiriusXM into Rivian's in-vehicle software, will deliver owners intuitive, user-friendly control over the best 24/7 audio entertainment on the market. All new and existing Rivian owners will be able to opt in and activate a three-month SiriusXM trial subscription directly on their vehicle's centre display. "Rivian is transfor

American all-electric automaker Rivian Automotive (NASDAQ:RIVN) today announced it has received conditional commitment from the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States. If finalized, the loan would support the construction of Rivian's next facility in Stanton Springs North, near the city of Social Circle, Georgia, substantially expanding the company's domestic production capacity to support demand fro

New joint venture (JV) with a total deal size of up to $5.8 billion combines the strength of both partners to create cutting-edge software and electronics architectures and scale the electric vehicle platforms and architectures. Engineers join the JV to create electric architecture and software for next generation Software Defined Vehicles (SDV). JV to be co-led by Wassym Bensaid (Rivian) and Carsten Helbing (Volkswagen Group). Oliver Blume, CEO Volkswagen Group: "The partnership with Rivian is the next logical step in strengthening our global competitive and technological position." Rivian CEO RJ Scaringe: "We're thrilled to see our technology being integrated in vehicles outs

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced that on Wednesday, November 13, 2024, at 7:55 a.m. CT, Rivian CFO Claire McDonough will participate in a fireside chat at Baird's Global Industrial Conference. A live webcast will be available here. About Rivian: Rivian (NASDAQ:RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consume

Reaffirmed 2024 delivery outlook of 50,500 to 52,000 vehicles Secured R2 battery cell supply with multi-year LG Energy Solution contract Company on track for positive gross profit for fourth quarter 2024 Launched R1 Tri-Motor configuration Rivian Automotive, Inc. (NASDAQ:RIVN) today announced its third quarter 2024 financial results. In the third quarter the company produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period. The company remains on track for positive gross profit for the fourth quarter of 2024. This is expected to be driven primarily by improvements in revenue per unit, variable cost per unit,

USA News Group News Commentary  Issued on behalf of Battery X Metals Inc. VANCOUVER, BC, Nov. 1, 2024 /PRNewswire/ -- Within one of its recent reports, the World Economic Forum is warning that while governments around the world are pushing for a clean energy transition, rising and demand for and limited supply of critical materials could hamper this process. This is echoed by the International Energy Agency in a report that highlights a need global critical materials trade, as well as massive increases needed in deployment of Solar PV, Batteries, and other Green Tech by 2035 to achieve net zero emissions by 2050. To help the cause, experts at the Center on Global Energy Policy of Columbia|SI

AUSTIN, Oct. 31, 2024 (GLOBE NEWSWIRE) -- RWE, the third largest renewable energy company in the U.S., today announced it signed a long-term power purchase agreement (PPA) with electric vehicle manufacturer Rivian for the electricity from an upgraded RWE wind project in West Texas. The PPA underlines RWE's ability to support the demand for clean electricity from manufacturing, technology and other energy-intensive sectors. Under the 15-year PPA, electricity from RWE's Champion Wind, a 127 megawatt (MW) wind farm in Nolan and Mitchell Counties will help supply Rivian's fast-charging network, the Rivian Adventure Network, with 100% renewable energy. The project contributes to Rivian's visi

Washington, D.C., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Rivian, Patagonia and Sol Systems, have joined forces to advance renewable energy in North Carolina through an innovative Renewable Energy Certificate and Community Impact Agreement (REC-CIA). This groundbreaking partnership is centered around the 50 MWac Lick Creek Solar project in Stokes County, NC, which will supply clean energy and contribute to a more sustainable future. The project is not only a step towards reducing carbon emissions but also a demonstration of how businesses can use renewable energy procurement to create positive social and environmental impacts. The Lick Creek Solar project benefits the local community today thr

Robert W. Baird downgraded Rivian Automotive from Outperform to Neutral and set a new price target of $16.00 from $18.00 previously

The Benchmark Company initiated coverage of Rivian Automotive with a rating of Buy and set a new price target of $18.00

BofA Securities downgraded Rivian Automotive from Buy to Neutral and set a new price target of $13.00 from $20.00 previously

Morgan Stanley downgraded Rivian Automotive from Overweight to Equal-Weight and set a new price target of $13.00 from $16.00 previously

Deutsche Bank resumed coverage of Rivian Automotive with a rating of Hold and set a new price target of $14.00

Wolfe Research resumed coverage of Rivian Automotive with a rating of Peer Perform

Needham reiterated coverage of Rivian Automotive with a rating of Buy and set a new price target of $20.00 from $13.00 previously

Cantor Fitzgerald reiterated coverage of Rivian Automotive with a rating of Overweight and set a new price target of $19.00 from $15.00 previously

Wedbush reiterated coverage of Rivian Automotive with a rating of Outperform and set a new price target of $20.00 from $15.00 previously

Guggenheim initiated coverage of Rivian Automotive with a rating of Buy and set a new price target of $18.00

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

4 - Rivian Automotive, Inc. / DE (0001874178) (Issuer)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

10-Q - Rivian Automotive, Inc. / DE (0001874178) (Filer)

SCHEDULE 13G - Rivian Automotive, Inc. / DE (0001874178) (Subject)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

10-Q - Rivian Automotive, Inc. / DE (0001874178) (Filer)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

8-K - Rivian Automotive, Inc. / DE (0001874178) (Filer)

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period. On a full-year 2024 basis, the company produced 49,476 vehicles and delivered 51,579. These figures were in line with management's full-year 2024 guidance of 47,000 to 49,000 vehicles produced and 50,500 to 52,000 vehicles delivered. In addition, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivian's production. The company also announced that

Washington, D.C., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Rivian, Patagonia and Sol Systems, have joined forces to advance renewable energy in North Carolina through an innovative Renewable Energy Certificate and Community Impact Agreement (REC-CIA). This groundbreaking partnership is centered around the 50 MWac Lick Creek Solar project in Stokes County, NC, which will supply clean energy and contribute to a more sustainable future. The project is not only a step towards reducing carbon emissions but also a demonstration of how businesses can use renewable energy procurement to create positive social and environmental impacts. The Lick Creek Solar project benefits the local community today thr

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending September 30, 2024. The company produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period. Rivian is experiencing a production disruption due to a shortage of a shared component on the R1 and RCV platforms. This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues. As a result of the supply shortage, Rivian is revising its annual production guidance to be between 47,000 and 49,000 vehicles. The company is also reaffirming its annual delivery outlook of low single digi

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period. Production and delivery results during the second quarter of 2024 were in line with Rivian's expectations. For the full year 2024, management is reaffirming guidance for annual production of 57,000 total vehicles. The company also announced that on August 6th, after market close, it will release its second quarter 2024 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production and delivery totals for the quarter ending March 31, 2024. The company produced 13,980 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,588 vehicles during the same period. Production and delivery results during the first quarter of 2024 were in line with Rivian's expectations. For the full year 2024, management is reaffirming guidance for annual production of 57,000 total vehicles. The company also announced that on May 7th, after market close, it will release its first quarter 2024 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter and full-year ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,972 vehicles during the same period. On a full-year 2023 basis, the company produced 57,232 vehicles and delivered 50,122. This exceeded management's most recent full-year 2023 production guidance of 54,000 vehicles. The company also announced that on February 21st, after market close, it will release its fourth quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the busin

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter ending September 30, 2023. The company produced 16,304 vehicles at its manufacturing facility in Normal, Illinois and delivered 15,564 vehicles during the same period. These figures remain in line with the company's expectations, and it believes it is on track to deliver on the 52,000 annual production guidance previously provided. The company also announced that on November 7th, after market close, it will release its third quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter ending June 30, 2023. The company produced 13,992 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,640 vehicles during the same period. These figures remain in line with the company's expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided. The company also announced that on August 8th, after market close, it will release its second quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be avail

Rivian Automotive, Inc. (NASDAQ:RIVN) has today announced the acquisition of Swedish mapping company Iternio, developer of the ‘A Better Routeplanner' (ABRP) app. ABRP is an industry leader in EV trip planning and has a strong community of EV drivers in both North America and Europe. ABRP gives EV drivers the ability to plan and compare routes and charging stop options. Rivian and Iternio will continue to maintain and improve ABRP as a stand-alone app for drivers of any EV, as well as integrating ABRP's technology into Rivian's in-vehicle navigation system and newly available trip planning experience in the Rivian mobile app. Rivian trip planning, now powered by ABRP, will let drivers p

Rivian Automotive, Inc. (NASDAQ:RIVN) today announced production totals for the quarter ending March 31, 2023. The company produced 9,395 vehicles at its manufacturing facility in Normal, Illinois and delivered 7,946 vehicles during the same period. These figures remain in line with the company's expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided. The company also announced that on May 9th, after market close, it will release its first quarter 2023 financial results. Rivian will host an audio webcast at 5:00 p.m. ET the same day to discuss the performance and outlook for the business. The live webcast will be available