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The Latest Breaking News from Rivian

Hyundai electric vehicle factory to be built in Georgia

ELLABELL, Ga. — South Korean automotive giant Hyundai Motor Group on Friday confirmed plans to build a multi-billion-dollar electric vehicle assembly and battery plant in Bryan County near the Georgia coast.

Tribune News Service

Rivian, Genesis, Electrify America And More: EV News May 20, 2022

Electric cars, trucks and SUVs are gaining traction, and there's plenty of news to share. We highlight some of the top stories that popped up this week.

InsideEVs

Watch Rivian CEO Demonstrate The R1S SUV's Utility In New Video

The two-minute video appears to be shot with a phone by RJ himself on the factory floor in Normal, Illinois, and focuses on the trunk and rear seats of the R1S.

InsideEVs

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Georgia's Rivian deal a political wedge near future plant

RUTLEDGE, Georgia --- Going into 2022, many voters in rural Walton and Morgan counties expected zoning and spending issues to dominate local government races.

Tribune News Service

Rivian CEO RJ Scaringe Buys The Dip, Invests $1 Million In Rivian Stock

Rivian's stock has tanked since its IPO, and with Ford selling shares, it's only getting worse. It's nice to see Rivian's CEO buying the dip to show confidence.

InsideEVs

Rivian Seat Supply Issue Puts Amazon Electric Van Production Into Question

The EV startup is now reportedly negotiating with its seat supplier after the former filed a lawsuit after the latter reportedly doubled prices.

InsideEVs

Rivian Seat Supply Issue Raises Questions Over Amazon Electric Van Production

The EV startup is now reportedly negotiating with its seat supplier after the former filed a lawsuit after the latter reportedly doubled prices.

InsideEVs

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Morgan Stanley Cuts Rivian Price Target: EV Maker Needs To Restore Confidence It Can Be 'The One' To Challenge Tesla

Rivian Automotive Inc (NASDAQ: RIVN) is facing a new reality after its blockbuster listing last year and needs to ‘pace itself’ in the near term to be able to reinforce confidence that it has the potential to be "the one" that can challenge Tesla Inc (NASDAQ:

Benzinga

Tiger Global Exits Rivian, Netflix Stakes In Q1 — Doubles Down On These Chinese EV Makers Instead

Hedge fund Tiger Global dissolved its stake in Rivian Automotive Inc (NASDAQ: RIVN) and Netflix Inc (NASDAQ: NFLX) in the first quarter and significantly lowere

Benzinga

As Ford unloads Rivian, Amazon maintains faith in electric vehicle maker

Despite production delays and market upheaval, Amazon is still counting on electric vehicle startup Rivian to help it hit ambitious climate goals and put tens of thousands of electric delivery vans on the road.

Tribune News Service

Ford unloads another 7 million shares in EV startup Rivian for $188.2 million

Ford Motor Co. has unloaded another 7 million shares of electric-vehicle startup Rivian Automotive Inc.'s stock.

Tribune News Service

You Can Charge Your Tesla Using A Rivian R1T: Here's How

The Rivian R1T is among a growing number of EVs that can provide power to other electric cars. Here's how you can use the electric truck to charge a Tesla.

InsideEVs

Ford Unloads Another 7 Million Rivian Shares As Stock Plummets

Rivian stock continues to fall as Ford continues to sell more and more of it.

InsideEVs

Rivian R1T Owner Lists Exterior Issues To Look Out For At Delivery

At the end of the day, Alex loves his electric truck and admits that all the fit and finish issues that are bugging him are minor and easily fixable.

InsideEVs

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Benzinga

George Soros' Fund Buys Up Nio And This US EV Stock, While Selling Entire Stake In These 2 Companies

Billionaire investor George Soros' Soros Fund Management has worked around with its electric vehicle portfolio in the first quarter, according to a 13F filing submitted to the SEC on Friday.

Benzinga

EV Week In Review: Elon Musk Shrugs Off China Shocker, Tesla India Plans On Backburner, Lordstown Gets Lifeline, Canoo Sinks On Going Concern Warning And More

The EV space was broadly lower in the week ending May 13, although closing off their lows. The industry took cues from the broader market, which went through a steep sell-off early in the week before recovering on Friday. Market leader Tesla, Inc.

Benzinga

Ford Unloads More Rivian Stock On Friday: What Investors Should Know

Rivian Automotive, Inc. (NASDAQ: RIVN) stock came under significant selling pressure last week amid liquidation by insiders following IPO lockup expiration.

InsideEVs

Tesla's Elon Musk Says Many EV Makers Are Going About It Wrong

Tesla CEO Elon Musk often talks about just how hard it was for Tesla to finally become successful. He sees what other EV makers are doing, and chimes in.

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Benzinga

Morning Brief: Top Financial Stories Dominating on Friday, May 13

CNBC

Benzinga

Rivian Recalls 502 EVs: All You Need To Know

Rivian Automotive, Inc (NASDAQ: RIVN), for the first time, recalled 502 battery-powered pickup trucks over potentially faulty airbags that could pose a safety risk to children in the front passenger seat,

InsideEVs

Rivian VP Of Hardware Engineering Takes Delivery Of Her R1S SUV

The first two R1S SUVs were delivered in December to Rivian employees and it looks like this new one belongs to VP of Hardware Engineering Vidya Rajagopalan.

Chicago Tribune

Rivian recalls 500 EV pickup trucks due to front passenger seat air bag defect

Rivian issued a voluntary recall this week for 500 of its R1T pickup trucks for a sensor defect that could cause air bags to improperly deploy when a child is in the front passenger seat.

The Independent UK

Sources: Hyundai to set $7B US plant during Biden Asia visit

A U.S. official familiar with the project says South Korean automaker Hyundai Motor Group is expected to announce its plans next week to build a massive electric vehicle plant near Savannah, Georgia

Benzinga

Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck.

InsideEVs

Rivian Gradually Increases EV Production Beyond 1,000 Per Month

In Q1 2022, Rivian produced 2,553 EVs and delivered 1,227, while as of May 9, its cumulative production reached about 5,000 units.

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