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NORMAL — Boosted by state incentives, Rivian Automotive will invest nearly $120 million in a new 1.2 million-square-foot site to host suppliers that produce the parts for its vehicles ...
Rivian RIVN.O said on Monday it would invest $120 million to build a supplier park near its plant in Illinois, as the electric vehicle-maker gears up to produce its smaller, more affordable R2 ...
Rivian said on its earnings call this week that the electric R2 SUV will still begin production in the first half of 2026 and will still start at around $45,000. The company has started assembling ...
Executives at electric vehicle startup Rivian adjusted their expectations for 2025 because of the fast-changing tariff environment, advising Wall Street that the automaker will likely deliver ...
It's worth noting that Rivian is an American automaker, making its vehicles 100% in the United States. CEO RJ Scaringe also said recently in a Fox Business interview that his company has a "very U ...
Rivian's Q1 2025 revenue beat estimates, but automotive sales dropped significantly, and the company cut 2025 delivery guidance. Gross margins improved significantly, but were helped quite a bit ...
[Stay on top of transportation news: Get TTNews in your inbox.] Rivian Automotive Inc. is investing $120 million in a new supplier park in Illinois, another win for Gov. JB Pritzker after the ...
Rivian (RIVN) reported better-than-expected first quarter results on Tuesday and posted a second straight quarter of gross profits, but President Trump's tariffs on auto parts will push the pure ...
Rivian Automotive Inc. late Tuesday lowered its sales guidance for the year, saying it isn’t shielded from the Trump administration’s tariffs roiling the U.S. auto industry, and cast doubt on ...
Rivian doesn't plan to change the R2 crossover's starting price of $45,000 in response to tariffs. Rivian cut its delivery guidance for 2025 due in part to "evolving trade regulation." The R2 is ...