VW-Rivian joint venture makes progress on next-gen EV platform
On the Dash:
Volkswagen and Rivian’s RV Tech venture has advanced its next-gen EV platform and aims to sell it to other automakers.
VW invested $5.8 billion to strengthen its...
TSLA376.8604.06%
GM76.7500.13%
F11.855-0.385%
RIVN16.3800.32%
CYD40.3950.315%
HMC24.2100.21%
TM191.7400.48%
CVNA384.320-12.27%
PAG171.7000.04%
LAD291.8000.8%
AN207.8402.15%
GPI347.390-1.82%
ABG200.545-0.845%
SAH76.5903.28%
TSLA376.8604.06%
GM76.7500.13%
F11.855-0.385%
RIVN16.3800.32%
CYD40.3950.315%
HMC24.2100.21%
TM191.7400.48%
CVNA384.320-12.27%
PAG171.7000.04%
LAD291.8000.8%
AN207.8402.15%
GPI347.390-1.82%
ABG200.545-0.845%
SAH76.5903.28%
TSLA376.8604.06%
GM76.7500.13%
F11.855-0.385%
RIVN16.3800.32%
CYD40.3950.315%
HMC24.2100.21%
TM191.7400.48%
CVNA384.320-12.27%
PAG171.7000.04%
LAD291.8000.8%
AN207.8402.15%
GPI347.390-1.82%
ABG200.545-0.845%
SAH76.5903.28%
Rivian
Rivian CEO to earn up to $4.6 billion under new performance-linked plan
On the Dash:
RJ Scaringe’s 10-year pay plan includes options to buy 36.5 million shares at $15.22 each, tied to stock and profit milestones.
Rivian has adjusted its performance goals...
Rivian beats Wall Street with $24 million Q3 gross profit
On the Dash:
Rivian posts its second-quarter gross profit, aided by its partnership with Volkswagen and software and services revenue.
Q3 revenue rises 78% year-over-year to $1.56 billion, though automotive...
Rivian settles $250 million IPO lawsuit
On the Dash:
Rivian will pay $250 million to settle investor claims over alleged IPO misrepresentation.
The company is cutting more than 600 jobs to reduce costs and stabilize operations.
...
Rivian to lay off over 600 workers, WSJ reports
On the Dash:
Rivian is cutting 4% of its workforce to manage costs amid declining EV incentives and revenue pressures.
The company lowered its full-year delivery guidance, even after Q3...
Rivian redesigns R2 SUV doors after safety complaints
On the Dash:
Rivian will relocate the R2 SUV rear manual door release for easier and safer access.
The redesign responds to complaints about R1 models and broader safety concerns...
Lucid misses Q3 output, shifts focus to Gravity SUV launch
On the Dash:
Lucid’s Q3 production and deliveries fell short of Wall Street expectations, impacted by the end of the $7,500 federal EV tax credit.
The company is focusing on...
Rivian sees 32% increase in Q3 deliveries as tax credits end
On the Dash:
Rivian narrowed its 2025 delivery guidance to 41,500–43,500 vehicles despite a 32% Q3 delivery surge.
The expiration of U.S. EV tax credits and high tariffs are increasing...
Rivian breaks ground on $5B Georgia EV plant amid market challenges
On the Dash:
Rivian has begun construction on its $5 billion Georgia plant even though the Trump administration ended the $7,500 federal tax credit for EV buyers.
The Georgia facility,...
Rivian recalls more than 24,000 EVs over Highway Assist software defect
On the Dash:
Rivian is recalling 24,214 R1S and R1T vehicles from model year 2025 due to a Highway Assist software defect.
The issue, discovered after a misclassification incident, increases...
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