It's 'do or die' for electric vehicle maker Rivian as it breaks ground on a $5 billion plant
Read full article: It's 'do or die' for electric vehicle maker Rivian as it breaks ground on a $5 billion plantRivian Automotive is starting to build a long-delayed electric vehicle plant in Georgia, despite tough challenges in the U.S. market.
Georgia judge won't award attorneys fees to governments in lawsuit over Rivian vehicle plant
Read full article: Georgia judge won't award attorneys fees to governments in lawsuit over Rivian vehicle plantA judge has rejected an attempt by Georgia and a local development agency to make residents pay legal fees after they unsuccessfully sued to block the Rivian electric vehicle plant.
Rivian recalling nearly all its vehicles over loose fastener
Read full article: Rivian recalling nearly all its vehicles over loose fastenerElectric truck and SUV maker Rivian Automotive says it is recalling almost all the vehicles it has delivered to customers in order to tighten a loose fastener that could potentially affect drivers’ ability to steer.
Kemp, Perdue spar over planned Georgia electric car plant
Read full article: Kemp, Perdue spar over planned Georgia electric car plantA planned $5 billion electric vehicle plant that has been billed as the largest economic development project in Georgia’s history is drawing opposition from an unusual source: former Republican U.S. senator David Perdue.
Rivian praises Georgia's education system, resources, talent
Read full article: Rivian praises Georgia's education system, resources, talentAn official with Rivian Automotive said the company was attracted to Georgia’s education system, resources and talent when choosing a site for its $5 billion battery and assembly plant, resources and talent already present in the state.
Rivian rockets past GM to become 2nd most valuable carmaker
Read full article: Rivian rockets past GM to become 2nd most valuable carmakerRivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has surpassed General Motors to become the nation’s second most valuable automaker.
Rivian Automotive, with Ford investment and Amazon contract, goes public
Read full article: Rivian Automotive, with Ford investment and Amazon contract, goes publicShares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors look for the next big winner in the electric vehicle market.
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Electric vehicle startup Rivian gets $2.5B in added funding
Read full article: Electric vehicle startup Rivian gets $2.5B in added fundingJ.B. Pritzker, left, talks with RJ Scaringe, CEO of Rivian Automotive, about the company's innovative electric vehicle chassis called a "skateboard" during Rivian's public rollout of its new prototype vehicles in Normal, Ill. Electric vehicle startup Rivian says it has raised another $2.5 billion in funding from accounts advised by investment firm T. Rowe Price. The company has a contract with Amazon to build 100,000 electric delivery vans starting next year at its factory, a former Mitsubishi plant in Normal, Illinois. The new investment won't bring any more seats to the Rivian board, the company said. In April of 2019, Ford invested a half-billion dollars into Rivian and said the companies would work jointly to develop electric vehicles. That deal was in addition to a $700 million investment from Amazon that was announced in February of 2019.