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Amazon, Electric Car Maker Rivian Consider Ending Exclusive Partnership Agreement

Threza Gabriel -
Amazon and Rivian are reportedly considering ending an agreement that would no longer require the electric car maker to sell its delivery vans exclusively...
Electric Vehicles

Ford Sells Stake in Electric Car Maker Rivian, Drops to About 1 Percent

Stephen Cruise -
According to Reuters, Ford Motor Co. will reduce its stake in Rivian to 1.15% as part of a plan to reduce its stake in...
Electric Vehicles

Electric car startup Rivian is developing an electric bike

Threza Gabriel -
According to Bloomberg, Rivian CEO RJ Scaringe introduced their new project to employees at the company's all-hands meeting held last Friday - electric bicycles....
Electric Vehicles

Electric car maker Rivian to cut 6% of its workforce or about 840 people

Stephen Cruise -
According to Reuters, U.S. electric car maker Rivian will lay off 6% of its workforce to save costs and deal with falling cash reserves...
Electric Vehicles

Tesla’s rival Rivian also struggles to meet full-year production expectations

Stephen Cruise -
Rivian (RIVN.US) announced that the company produced 10,020 vehicles in the fourth quarter at its manufacturing facility in Normal, Ill. The company's full-year production...
Electric Vehicles

Rivian suspends talks with Mercedes-Benz after plans to build the electric van

Threza Gabriel -
According to the Wall Street Journal, electric car startup Rivian announced that in order to save cash, the company has suspended negotiations with Mercedes-Benz...
Electric Vehicles

Rivian recalls more than 12,000 EVs due to loose fasteners

Stephen Cruise -
Rivian is recalling 12,212 electric vehicles -- because loose fasteners could affect a driver's ability to control the car. The recall affects nearly every...
Electric Vehicles

Rivian produces 7,363 electric vehicles in the third quarter and maintains full-year target

James Lopez -
The US electric vehicle start-up Rivian said on Monday local time that in the third fiscal quarter that ended September 30, the company’s plant...
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