Rivian Automotive, Inc. Class A Common Stock (RIVN)
Rivian Spins Off Micromobility Business Into EV Startup "Also"
RIVN spins off its micromobility business into a new EV startup called Also, Inc., with $105 million in funding from Eclipse to enter the lightweight EV market.
Rivian May Be Saved by Auto Tariffs
Rivian Automotive Inc. (NASDAQ: RIVN) stock rallied when the Trump administration announced 25% tariffs on autos and auto parts imported by U.S.
Rivian's Rally Has Just Begun (Rating Upgrade)
Rivian's Q4 2024 earnings report showed a positive gross profit and reduced COGS per vehicle, signaling improved production efficiency and cost management. The firm's strategic divestment of its micromobility division should enhance focus on core EV operations, potentially leading to better margins and faster breakeven. Rivian's valuation is currently at a discount compared to Western peers, with a potential upside of over 40% in the next year.
Rivian Spins Off ‘Micromobility' Small-EV Startup
Rivian Automotive Inc. is spinning out a new “micromobility” company, known as Also, that will develop small electric vehicles designed for short trips. Craig Trudell reports on Bloomberg Television.
Wall Street analyst updates Rivian stock price after spin-off into new company
Electric vehicle (EV) manufacturer Rivian (NASDAQ: RIVN) has received an update from Wall Street following the firm's announcement of key changes to its business structure.
Rivian Unveils, Spins Off Secret Micromobility Project
Rivian Automotive (RIVN) shares edged higher Wednesday as the electric vehicle (EV) maker announced it has been working for several years on a secret micromobility project that it's now spinning off into a separate company.
Rivian spins out micromobility business with launch of Also
Rivian Automotive Inc (NASDAQ:RIVN) announced the spin-out of its micromobility division into a new company called Also, which will focus on developing lightweight electric vehicles tailored for short trips. Rivian will retain a minority ownership stake in Also, the electric vehicle-maker said on Wednesday.
Rivian spin-off Also reveals it will make lightweight electric vehicles
Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive with $105 million in Series B funding from venture capital firm Eclipse and will focus on lightweight EVs.
Rivian Automotive (RIVN) Exceeds Market Returns: Some Facts to Consider
Rivian Automotive (RIVN) closed the most recent trading day at $12.36, moving +1.39% from the previous trading session.
Rivian (RIVN) Price Prediction and Forecast 2025-2030 for March 25
Shares of Rivian Automotive (NASDAQ:RIVN) pulled back -2.21% during a.m.
Is Rivian the Smartest Investment You Can Make Today?
Many growth stocks have struggled so far this year. Rivian (RIVN 3.10%) is no exception.
Why Rivian Stock Skidded to a 4% Loss on Thursday
Two developments on Thursday combined to drive Rivian Automotive (RIVN 4.41%) to a notable stock market decline.
