Electric-vehicle maker Lucid Group said on Tuesday it would lay off about 18 percent of its…
Tag: rivian
EV Startup Lucid to Lay Off 1,300 Workers as Part of Restructuring Plan
Electric-vehicle maker Lucid Group said on Tuesday it would lay off about 18 percent of its…
Rivian Manufacturing Boss Leaves As A Part Of Corporate Rejig
Rivian has been working on ramping up its manufacturing capability. By Sahil Gupta | Updated: 01-Jun-22…
Ford Sells Shares In EV Maker Rivian For $214 million
Ford Motor Co sold eight million shares of electric-car maker Rivian Automotive Inc for $214 million,…
Rivian’s CEO Says Battery Shortage Will Be A Bigger Issue Than Semiconductor Shortage
Rivian believes a shortage of batteries will make the semicondutor shortage look like an appetiser By …
Rivian Names Former Magna Unit Executive As Operating Chief
Rivian Automotive Inc has named Frank Klein, a former executive at Canadian auto parts maker Magna…
EV Startup Rivian To Build $5 Billion Plant In Georgia, Posts Quarterly Loss
The new plant east of Atlanta, with construction set to begin next summer, will join the…
Billionaire Soros Buys Stake In EV Startup Rivian
The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the…
California, Texas Pension Funds Among New Investors In EV Startup Rivian
CalPERS, which has approximately $492 billion under management, bought slightly more than 305,000 shares in the…
Rivian ‘Making Progress’ On Production Ramp-Up, Sets Market Share Goal
Scaringe said Rivian, whose shares closed up 10.7% at $63.71, idled the plant for the first…