Latest in Maker Rivian
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Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle maker Rivian for a plant in Georgia. The administration said the loan would support the ...Politics - The Hill - 21 hours ago -
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.Business - CNBC - November 13 -
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factoryTech - ABC News - 16 hours ago -
Rivian Maintains Profitability Target Despite Part Shortage
The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.Business - The Wall Street Journal - November 7 -
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - November 12 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
The Lei Makers Reimagining an Ancient Tradition
A new generation of floral designers is incorporating fresh styles into their creations.Top stories - The New York Times - November 12 -
Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV
Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.Business - MarketWatch - November 8 -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
VW launches $5.8bn tie-up with Tesla rival Rivian
The firms will share EV technology as they face slowing demand and competition from Chinese rivals.Top stories - BBC News - November 13 -
Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other
The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.Business - The Wall Street Journal - November 13 -
Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.Business - The Wall Street Journal - November 19 -
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.Business - MarketWatch - 21 hours ago -
Rivian to Get $6 Billion Federal Loan for EV Factory
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.Business - The New York Times - 23 hours ago -
Florida medical device maker Exactech declares bankruptcy
Exactech faces more than 2,000 lawsuits alleging it sold defective knee and hip implants.Top stories - CBS News - October 29 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Aspinall, McGregor & the 'dream-makers' - welcome to Cage Warriors
From Tom Aspinall to Conor McGregor, Cage Warriors has a rich history of producing MMA stars. BBC Sport visits a show in Manchester to discover why.Top stories - BBC News - November 2 -
Best 5 Soda Makers for Sparkling Water (2024)
These are the best bubblers we've found for fresh carbonation at a moment's notice.Tech - Wired - November 2 -
World’s largest transformer maker warns of supply crunch
AI data centre demands and renewable energy’s dispersed nature are driving equipment orders for power grid upgradesBusiness - Financial Times - November 3 -
Zelda's makers reflect on the princess's first big adventure
Echoes of Wisdom was the first adventure for the princess at the heart of one of Nintendo's biggest series.Top stories - BBC News - November 12 -
China’s smartphone makers head upmarket in European push
Realme, Oppo and Honor are looking to challenge Samsung and Apple on the continent with fancier handsetsWorld - Financial Times - November 17 -
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A Code Maker Cracks the Code of the Art World
Ouattara Watts stayed under the radar for the last few decades. He’s back with a show at Karma Gallery and the Currier Museum of Art in New Hampshire.Top stories - The New York Times - 5 days ago -
Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.Business - The New York Times - Yesterday -
Phone Maker Xiaomi Made the Car That Apple Couldn't
Great build, deeply integrated tech, and unrivaled connectivity—with its very first EV, Xiaomi is already showing the likes of Ford and Volvo where they’re going wrong, and what Apple could have done.Tech - Wired - Yesterday -
Biden gives $6.6B conditional loan to EV-maker
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-maker The Biden administration has preliminarily said ...Politics - The Hill - 15 hours ago -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Rivian has Wall Street turning more cautious after mixed financial snapshot
A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.Business - MarketWatch - November 8 -
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.Business - CNBC - November 12 -
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.Business - MarketWatch - November 14 -
IV fluid maker says expiration date extensions approved
North Carolina hospitals reeling from Hurricane Helene may soon get some relief from a critical IV fluid shortage. The Food and Drug Administration approved changing the expiration date on ...Politics - The Hill - October 29 -
Japanese lift maker Fujitec explores sale to private equity
Talks with multiple groups including Sweden’s EQT have taken place in recent monthsWorld - Financial Times - October 30
