The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...
Rivian (RIVN) is losing over $1B per quarter, or $30K-$40K on each truck it sells, with current volumes not enough to sustain ...
Volkswagen and Rivian Automotive Inc. (NASDAQ: RIVN) have created a joint venture to help save both. This comes at a time ...
The firms will share EV technology as they face slowing demand and competition from Chinese rivals.
BeeBright The numbers don't lie. Serious difficulties with finances and software architecture are pairing together one of ...
Losses of 2 Billion dollars combined is a tough pill to swallow, but it took Tesla 14-years to turn a profit. Rivian lost a ...
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