The latest trading day saw Rivian Automotive (RIVN) settling at $12.49, representing a -1.58% change from its previous close.
Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its "eyes-off" systems in 2026, CEO RJ Scaringe said on Thursday.
Rivian (RIVN) is trading lower after President Trump said he plans to revoke former President Biden's executive order to sell more EVs. Kevin Hincks offers an example options trade in Rivian with the latest development in mind.
The electric vehicle (EV) market is a hotbed of innovation and investment but also a space filled with uncertainty and risk. Rivian Automotive NASDAQ: RIVN is a prominent player in this expanding industry, and the company has experienced a rollercoaster ride in its stock price over the past few months that reflects the market segment's inherent volatility.
Shares of Rivian Automotive (RIVN -6.79%) slumped today and were trading nearly 7% lower as of 1:30 p.m. ET Tuesday.
Newly inaugurated president, Donald Trump, vowed to remove an EPA rule requiring automakers to eventually sell all battery electric vehicles to avoid emission fines. George Tsilis weighs Rivian's (RIVN) and Tesla's (TSLA) slides to the downside.
The US Department of Energy has agreed to lend $6.6 billion to Rivian Automotive Inc (NASDAQ: RIVN) to set up a new production facility in Georgia. Dubbed the “Project Horizon”, the 9 million square foot plant would produce an estimated 400,000 electric vehicles annually.
Everyone wants to find the next Tesla. If only it were that easy, we'd all be retired by now.
The electric vehicle (EV) market hasn't accelerated as fast as some had expected, leaving many EV stocks, including start-up Rivian Automotive (RIVN -1.59%), on the decline over the past few years. That puts investors in an odd position.
Rivian Automotive (RIVN) shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia.
Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration. The company will use the loan to help build out its planned factory in Georgia, east of Atlanta, with construction beginning in 2026.
RIVN receives a $6.6 billion loan approval from the DOE to build a manufacturing plant in Georgia, which is set to produce SUVs and crossover vehicles.