Bloomberg reported that Also, a micromobility business the EV company spun out in March, received an investment valuing it at ...

The EV industry is struggling, and Trump administration policies could make things worse. The future of upstart EV maker ...

Rivian stock has trended upward recently despite facing challenges. Here is a look at where the stock could be in a year.

Volkswagen investment. Volkswagen announced it will invest up to $5 billion in Rivian over three years as well as form a 50/50 joint venture (JV) between the companies.

Key Points Rivian is an EV maker trying to break into the big leagues of the auto industry.The still-young company started ...

These losses will quickly burn through Rivian's roughly $7.9 billion in cash and short-term investments. The good news is the $2 billion Volkswagen partnership will help address this challenge for ...

Rivian recently announced solid production numbers, leading to a swift stock price advance. But it is still a risky investment. Shares of Rivian ( RIVN 4.31% ) are up 25% since July 3, when it ...

If you are an investor with a more aggressive investment approach, Rivian stock could be a smart addition to your portfolio today. From the top-level view, Rivian is an automaker.

Rivian's stock surges on $1 billion Volkswagen investment and joint-venture plan Provided by Dow Jones Jun 26, 2024 9:21am. By Bill Peters and Claudia Assis .

Rivian’s stock has dropped by nearly 88% since trading opened in 2021, ... News of the state’s investment followed Rivian indefinitely pausing plans to develop a $5 billion plant in Georgia.

But unlike Ford Model E, Rivian is a stand-alone EV business that can't rely on support from its parent company to subsidize its operating losses, which totaled $1.48 billion in the first quarter.