Between 2022 and 2024, Rivian filed over 2,000 H-1B and 400 green card applications while receiving significant Illinois ...

Rivian now expects to produce between 47,000 and 49,000 vehicles by the end of 2024. The startup originally aimed for 57,000 vehicles this year but faced significant supply challenges. Rivian’s ...

The company now forecasts its full-year production will be between 47,000 and 49,000 vehicles, down from an earlier estimate of 57,000. During the most recent quarter, Rivian produced 13,157 ...

Both Rivian and Scout are in the midst of production ramp-ups. Rivian is looking to start manufacturing its R2 electric SUV in 2026. First shown in 2024, the R2 is a smaller model with a targeted ...

In its latest statement, Rivian said that the component issue “is no longer a constraint on Rivian’s production.” Of the 49,476 vehicles produced, 12,727 were made in the fourth quarter.

The blunder helps explain Rivian’s decision on Friday to slash its production forecast by as much as 18% to between 47,000 and 49,000 electric vehicles this year.

The electric vehicle (EV) market isn't growing like it was a few years ago, but that's not the only headwind Rivian(NASDAQ: RIVN) is facing. The company has a cost structure that's out of line ...

Rivian now expects to produce between 47,000 and 49,000 vehicles by the end of 2024. The startup originally aimed for 57,000 vehicles this year but faced significant supply challenges. Rivian’s ...