TSLA327.060-5.7499%
GM87.280-2.07%
F13.850-0.13%
RIVN15.985-0.375%
CYD47.1150.355%
HMC31.330-0.37%
TM188.810-1.01%
CVNA72.0200.02%
PAG218.3101.65%
LAD379.6701.345%
AN208.7300.27%
GPI267.5901.33%
ABG210.4902.74%
SAH80.8900.28%
TSLA327.060-5.7499%
GM87.280-2.07%
F13.850-0.13%
RIVN15.985-0.375%
CYD47.1150.355%
HMC31.330-0.37%
TM188.810-1.01%
CVNA72.0200.02%
PAG218.3101.65%
LAD379.6701.345%
AN208.7300.27%
GPI267.5901.33%
ABG210.4902.74%
SAH80.8900.28%
TSLA327.060-5.7499%
GM87.280-2.07%
F13.850-0.13%
RIVN15.985-0.375%
CYD47.1150.355%
HMC31.330-0.37%
TM188.810-1.01%
CVNA72.0200.02%
PAG218.3101.65%
LAD379.6701.345%
AN208.7300.27%
GPI267.5901.33%
ABG210.4902.74%
SAH80.8900.28%


Rivian

Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year.

Rivian exceeds Q1 2024 expectations despite plant closure and cost-cutting measures

- May 8, 2024
On May 7, EV startup Rivian announced its first quarter 2024 results, which exceeded analyst expectations regarding revenue growth year-over-year. The automaker reported that it sold 5.1% of U.S. EVs...
Headlines Articles
Rivian has received an $827 million incentive package to expand its Illinois electric vehicle manufacturing facility.

Rivian gets millions in state incentives for Illinois factory expansion

- May 3, 2024
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal facility.  This boost comes at a critical juncture...
Articles Headlines

Rivian offers ‘Electric Upgrade’ discounts of up to $5k with combustion trade-ins

- April 23, 2024
Electric vehicle start-up Rivian is offering an "Electric Upgrade" promotion to new customers who trade in specific combustion models in honor of Earth Day.  Eligible customers can receive discounts ranging from...
Headlines Articles
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability. 

Rivian announces second round of layoffs to boost profitability

- April 18, 2024
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which, although it only accounts for a...
Headlines Articles
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

High stakes as new EV makers burn cash and seek lifelines

- March 29, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Future of Automotive Featured

Automotive weekly roundup: Falling new vehicle prices, rising negative equity, Chevy Blazer EV is back

- March 15, 2024
Earlier this week: New car prices took another dip, nudging closer to their pre-pandemic norms, especially for electric vehicles, which saw the sharpest declines. At the same time, the used...
Articles Daily Automotive News
Rivian surprised the industry with three, rather than one, new electric SUVs, which emphasize affordability through a smaller profile.

Rivian pauses Georgia plant to focus on 3 new electric SUVs

- March 8, 2024
Electric vehicle startup Rivian unveiled not one, not two, but three new battery-powered SUVs during a presentation hosted by founder and CEO RJ Scaringe on Thursday. Although details about one of...
Articles Headlines
Rivian confirmed its customers will soon be able to view Supercharger stations on their vehicle's navigation app, with adapters coming soon.

Superchargers to appear on Rivian trip planner in March, adapters to follow

- March 1, 2024
Electric vehicle startup Rivian expects to connect its customers to Tesla Superchargers in the near future, with trip-planning support launching in March. Starting this month, Rivian drivers will be able to...
Articles Headlines
Ford dodges UAW strike, used car prices fall, EV startups report Q4 earnings, Fisker expands dealer network, and Cruise shakes things up.

Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise leadership shakeup

- February 23, 2024
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending for the facility's 9,000 employees. Meanwhile,...
Articles Daily Automotive News
Rivian, the electric truck and SUV manufacturer has cut $3,100 off the base models in anticipation of the release of its more affordable R2.

Rivian shaves off over $3,000 for R1T and R1S base models

- February 12, 2024
As demand for EVs declines in the face of a faltering economy, automakers have slashed their costs for EVs during the past year. Before companies like Ford and Lucid followed...
Headlines Articles

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CBT News
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