Rivian projects higher deliveries in 2025 but faces mounting losses amid expansion

Pallavi Madhiraju- February 21, 2025 0

Rivian Automotive, Inc. (NASDAQ: RIVN) has provided its financial and operational guidance for 2025, signaling both growth and ongoing financial hurdles. The electric vehicle (EV) ... Read More

Rivian gets $6.6bn DOE loan for Georgia EV facility, creating 7,500 jobs

Pallavi Madhiraju- January 17, 2025 0

Rivian Automotive Inc. (NASDAQ: RIVN) has achieved a significant milestone by finalising a $6.6 billion loan agreement with the U.S. Department of Energy (DOE). The ... Read More

Rivian Automotive receives $6.6bn federal backing for new Georgia EV plant

Pallavi Madhiraju- November 27, 2024 0

Rivian Automotive, the all-electric vehicle manufacturer, has announced a conditional commitment for up to $6.6 billion in funding from the U.S. Department of Energy’s (DOE) ... Read More