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Lucid faces rising overall expenses by 8% to 15% according to interim Chief Executive Marc Winterhoff prior to implementing ...
Rivian CEO RJ Scaringe told Reuters that the cost per vehicle was expected to rise by "a couple of thousand dollars" due to ...
Rivian Automotive began making electric trucks, SUVs and commercial delivery vans in Normal in 2021, but the journey began ...
A $120-million development will house business performing light assembly and manufacturing in support of the automaker’s ...
Rivian Automotive cut its outlook for vehicle deliveries and upped expectations for capital expenditures for the full year.
Rivian will report first quarter earnings after the bell on Tuesday as the pure-play EV maker shows investors whether it is ...
Rivian Automotive Inc. late Tuesday lowered its sales guidance for the year, saying it isn’t shielded from the Trump ...
Despite another hefty net loss, Rivian said it's on track to launch a more affordable R2 crossover next year that will boost sales.
The Lucid Gravity, the company's luxury full-size, electric SUV, is beginning to arrive in more people's driveways and Lucid's studios, "and combined with our progress toward future initiatives, our ...
Rivian Automotive's Q1 2025 earnings call details strong financial progress with a $206M gross profit, R2 platform updates, and autonomy advancements.
Rivian CEO R.J. Scaringe told investors the automaker is bracing for new tariffs to increase production costs by a few thousand dollars per vehicle.
By Akash Sriram, Abhirup Roy, Juby Babu (Reuters) -Electric vehicle makers Rivian and Lucid warned of higher costs from U.S.
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