Rivian Automotive Inc (NASDAQ:RIVN)’s reported push to offer its electrical architecture and autonomous software to other automakers is unlikely to gain...
Rivian's factory in Illinois was damaged by a tornado over the weekend, according to a message to employees Sunday night by CEO RJ Scaringe. The tornado hit a new area of the plant being used for parts storage and logistics of its upcoming R2.
Rivian's factory in Normal, Illinois was directly hit by a tornado and sustained damage over the weekend, the company has confirmed to TechCrunch. Nobody was injured, according to Rivian, and staff are still assessing the extent of the damage.
The latest trading day saw Rivian Automotive (RIVN) settling at $16.41, representing a +2.63% change from its previous close.
Rivian teams up with Redwood to deploy second-life EV batteries for a 10 MWh storage system at its Illinois plant.
The project highlights how battery energy is increasingly being used to power businesses and industrial facilities in the U.S.
Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) trades at $14.94 as of writing, sitting 20% below its 52-week high of $22.69 and down 24.2% year to date.
Rivian Automotive, Inc. stands out as a resilient U.S. EV maker, now emerging as a compelling technology-platform play beyond traditional EV manufacturing. RIVN's strategic collaboration with Volkswagen — including an additional $2B in funding for 2026 and great progress on joint software development — positions the company for significant platform leverage. The Uber partnership, with a potential deal reaching $1.25B and up to 50,000 AV-ready vehicle purchases, underscores RIVN's growing relevance in autonomous mobility.
In the closing of the recent trading day, Rivian Automotive (RIVN) stood at $14.69, denoting a -3.92% move from the preceding trading day.
Rivian beats Q1 delivery estimates, reaffirms 2026 outlook, and gears up for lower-priced R2 launch.
Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) shares are sliding 5% today, moving from $15.29 to around $14.50, as investors react to a steep drop in U.S.
Rivian Automotive Inc (NASDAQ:RIVN) exceeded Wall Street expectations for first-quarter vehicle deliveries, the electric vehicle maker said on Thursday, while reaffirming its full-year production outlook. The company delivered 10,365 vehicles in the quarter, beating analysts' estimates of 9,678 vehicles, according to market data.