Things are getting heated between Rivian and Bosch. The companies are suing each other after Rivian canceled its contract with Bosch to build electric motors for its vehicles, per Crain’s ...
EV maker Rivian (RIVN) is locked in a new legal battle with the world’s largest auto parts supplier, Bosch. Both sides traded lawsuits against each other as Rivian moves in its own direction.
Rivian's (NASDAQ: RIVN) limited history is filled with ups and downs, pleasant surprises and sudden disappointments. Some investors think it's a young electric vehicle (EV) company that has ...
The costumes will come via a software update Rivian will roll out right after midnight local time tonight (October 18th at 12:01am). R1T and R1S vehicles must already have the 2024.39 update ...
Rivian is getting into the Halloween spirit with a software update that will allow owners to transform their R1 electric SUVs into KITT from Knight Rider, a Time Machine from Back to the Future or ...
Rivian's stock is overvalued, particularly given the recent production forecast cut, and increasing competition in the light EV truck industry is likely to further hinder its revenue growth ...
Rivian sticks to its update cycle, and four weeks after the latest update, it started testing a new build. The 2024.39 update is expected to bring several quality-of-life improvements alongside ...
But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.” “It’s a bug. It’s not a feature,” Bensaid said Wednesday at TechCrunch Disrupt 2024.
Tesla was able to achieve a positive gross margin very early in its history. Rivian, meanwhile, is still struggling to reach this financial milestone. Last quarter, it lost more than $30,000 for ...
Rivian was too aggressive in announcing expansion plans in its early years. The company subsequently reined in its capital spending plans. A new investment from Volkswagen comes at a critical time ...
Rivian's growth is stalling while it continues to burn through mountains of cash. Management has a bold plan to turn the situation around. Most alarmingly, the growth story seems to have shifted ...
Since going public in 2021, Rivian Automotive (NASDAQ: RIVN) has seen its sales zoom from the millions to the billions. Today, the company is generating more than $5 billion in annual sales.