EV startup Rivian gets a $350M investment from Cox Automotive Cox is the parent company of Autotrader, Kelley Blue Book and Manheim Auctions. Enlarge Image ...

Rivian needs to sell its new revamped vehicles at a profit in order to sustain itself long enough to get to the cheaper mass market R2 SUV on the road.

Rivian Automotive Inc. made good on its promise to get to its first quarterly gross profit and blew past Wall Street estimates for its sales, but the EV maker’s stock reversed initial gains to ...

Rivian sold 51,579 units in 2024, compared to 50,122 units in 2023. The brand had to adjust its sales and production targets downward in October, due to a supplier miscommunication.

Rivian's more affordable R2 can't come soon enough. A tough quarter for the EV startup highlights the importance of the next launch. We'll learn more about the R2 at Rivian's March 7 reveal event.

Kelley Blue Book The 2023 Rivian R1S is a rare combination of a large electric SUV with off-road chops and a luxury cabin The R1S seats seven and has a tow rating of 7,700 pounds ...

Rivian is turning into a case study in financial engineering. On Monday, the company announced that it would sell $1.25 billion in bonds to pay off some debt that's maturing in 2026.

Cox Automotive, the company behind Autotrader and Kelley Blue Book, has made a $350 million equity investment in Rivian. The publications won't play much of a role, to be clear.

Key Points Rivian is an EV maker trying to break into the big leagues of the auto industry. The still-young company started out by focusing its efforts on high-end trucks. Its next big move will ...