Rivian's CEO RJ Scaringe couldn't seem to give a clear answer to CNBC's questions on whether the EV maker has enough cash to produce its upcoming R2.

Rivian sells three types of EVs: the R1T pickup, the R1S full-size SUV, and electric delivery vans for its top investor ...

Rivian CEO RJ Scaringe skirted questions on whether the EV maker has enough cash to produce the R2. Scaringe told CNBC he's "confident" in the capital Rivian has through 2025.

Rivian released its first-quarter 2024 earnings results on May 7. One of the highlights was the company's strategic shift, unveiling its new mid-sized, lower-priced platform with the R2, R3 and ...

Rivian in October lowered its 2024 production target to a range of 47,000 to 49,000 vehicles – down from 57,000 units. The company had expected deliveries of between 50,500 and 52,000 vehicles.

Sweeping and still-fluid changes to U.S. trade policy and reduced demand for regulatory credits are hurting Rivian’s bottom line, as the electric automaker nears the start of production on a new model ...

Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 ...

Rivian produced 12,727 vehicles in the fourth quarter, soundly beating estimates. In total, Rivian built 49,476 EVs in 2024, slightly above its 47,000 to 49,000 guidance.

June 27 (Reuters) - Rivian (RIVN.O), opens new tab will be able to slash a fifth of its material costs from electric SUVs and pickups by the end of 2024, CEO RJ Scaringe said on Thursday, after a ...

Rivian had around $9.2 billion in cash at the end of June. The EV maker’s preliminary Q3 earnings suggest between $1.29 billion and $1.33 billion in revenue, aligning with Wall St estimates of ...