Rivian takes major revenue hit as supplier problem persists
1 day ago · 1:16 PM PST · November 7, 2024. Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts estimates — as the EV startup struggled to resolve a ...
Rivian Q3 earnings preview: Will production issues hit sales and …
1 day ago · Rivian CEO RJ Scaringe tours the inside of electric automaker Rivian's manufacturing facility in Normal, Ill., June 21, 2024. (REUTERS/Joel Angel Juarez)·REUTERS / Reuters. Last quarter, Rivian ...
Rivian posts Q3 revenue miss; full-year loss projection widens, but ...
1 day ago · Rivian reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric vehicle maker was burdened by a supplier parts issue. News Today's news
Rivian Newsroom
3 days ago · Rivian Introduces R2, R3, and R3X Built on New Midsize Platform December 14, 2023 AT&T and Rivian Team Up to Reduce CO2 Emissions and Enable Smart, Connected Vehicles
Rivian Sticks to Profit Goal After Supply Crunch Idled EV Output
1 day ago · November 7, 2024 at 1:09 PM PST. Translate. Rivian Automotive Inc. expects to achieve a positive gross profit in the final three months of the year, sticking with the forecast despite a supply ...
Rivian Maintains Profitability Target Despite Part Shortage
1 day ago · Electric-vehicle startup Rivian RIVN 3.35% Automotive said Thursday a part shortage in the third quarter hampered factory production, but it is still on track to report its first ever gross profit ...
Rivian's quarterly revenue slumps for first time since IPO
1 day ago · Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago, partially hurt by the shortage of a component. ... Reuters, the news and ...
Rivian (RIVN) earnings Q3 2024
2 days ago · The automaker’s net loss narrowed year-over-year to $1.1 billion compared with $1.37 billion during the third quarter of 2023. Rivian executives will host an earnings conference call at 5 p.m ...
Rivian’s R1 vehicles are getting a gut overhaul - The Verge
Jun 6, 2024 · Rivian is reengineering the guts of its R1T and R1S vehicles, removing wiring, replacing motors, and updating its battery tech. It’s a total overhaul for the EV maker.
Rivian and Volkswagen Group Announce Plans for Joint - Newsroom - Rivian
Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen.