Rivian Loses Its Shine as Investors Fret About Production Delays
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
Ford ended the year with more revenue than General Motors for the second year in a row.
Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
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The company has big plans to turn its delivery fleet green. But very few of the vehicles are made right now.
Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia
The company, which began trading on the stock exchange last month, said it lost $1.2 billion in the third quarter.
Rivian’s Electric Truck Is a Cutie and a Beast
The R1T can haul five tons, conquer brutal off-road trails and sprint to 60 miles an hour in a blink. And about that Camp Kitchen tucked inside …
Ford and Rivian no longer plan to work jointly on electric vehicles.
Ford remains an investor, but its own E.V. development plans have progressed since the partnership was announced.
He Helped Build Tesla. Now He Hopes to Do the Same at Lucid.
Peter Rawlinson designed the Tesla S. His new Lucid Air sedan is a direct challenge to Tesla’s dominance.
Rivian, the electric-truck maker, soars in early trading after its I.P.O.
The company, backed by Amazon and Ford, was valued at nearly $70 billion in its initial public offering, though it has delivered only 156 vehicles.
Rivian prices its I.P.O., valuing the electric-vehicle maker at nearly $70 billion.
The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.