Rivian CEO RJ Scaringe told Business Insider that the Biden era EV incentives were a "tailwind," but that the business will be fine without them.
Shares of Rivian Automotive fell by 6.5% Tuesday. President Donald Trump's repeal of a 2021 executive order by former President Joe Biden has sent EV-related stocks lower.
Shares of Rivian and Lucid are trading lower Tuesday as the EV sector reacts to major policy changes from President Donald Trump.
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.
The Department of Energy announced Thursday the closing of $6.6 billion in financing for Rivian to construct a Georgia manufacturing plant.
Shares of Rivian Automotive (NASDAQ: RIVN) slumped today and were trading nearly 7% lower as of 1:30 p.m. ET Tuesday. With Donald Trump taking the oath of office on Monday and revoking as many as 78 executive orders signed by his predecessor Joe Biden -- including one on electric vehicles (EV) -- investors in Rivian are feeling jittery.
Outgoing US President Joe Biden approves funding for clean energy projects just days ahead of President-elect Donald Trump's return to the White House. The funding includes $6.6 billion for electric truck maker Rivian (RIVN) and $1.
The Biden administration cut a multi-billion dollar check for struggling electric vehicle (EV) maker Rivian Thursday, just days before President-elect Donald Trump’s inauguration. The carmaker hemorrhaged cash in 2024 amid a widespread slackening in demand for EVs,
Automakers have been competing to introduce more autonomous driving features such as lane-keep assist and adaptive cruise control into their vehicles.
After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.
The Detroit automakers’ shares are rising Tuesday while their fully-electric rivals saw their stocks fall as President Donald Trump began tearing into his predecessor’s pro-EV moves.
Rivian announced it ill go hands-free in 2025 and “eyes-off” in 2026. Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its “eyes-off” systems in 2026, CEO R.J. Scaringe said on Thursday.