Rivian Use - QuikReader

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 - 23 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

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.

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

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 - 23 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 - Yesterday

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

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

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

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 factory

Tech - ABC News - 18 hours ago

Give us Liberty or give us the Bottom 10! Or give us both!

The first 2024 loss for Jamey Chadwell's Flames was the first FBS win ever for Kennesaw State.

Sports - ESPN - October 31

Trump vows to use US military for mass deportations

The president-elect has said he would declare a national emergency and begin deportations on his first day in office.

US-Audiobooks-Top-10

The top 10 audiobooks on Audible

Entertainment - ABC News - October 29

US election betting is on a roll

In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American president

World - Financial Times - October 30