Tag: R1T

Aug 12, 2022 - 12:18 pm

Rivian marks over $1.7 billion in losses over Q2 2022

The US electric car start-up Rivian posted a net loss of 1.71 billion US dollars in the second quarter of 2022. However, Rivian was able to significantly increase production – and is also sticking to its annual target of 25,000 vehicles built.

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Jul 28, 2022 - 03:37 pm

Rivian may axe nearly 1,000 jobs

US EV startup Rivian has announced that it going to make some major cuts to its workforce, claiming inflation and a drive for profitability. Considering the company employs around 14,000 employees, cutting about six per cent of jobs as announced would affect about 840 workers.

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May 30, 2022 - 04:29 pm

Rivian has fired their head of production

The US electric car start-up Rivian has apparently parted company with its head of production Charly Mwangi. The background is the problems with the production start-up of Rivian’s first two models. In addition to the personnel change, production is also to be restructured.

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Mar 11, 2022 - 02:35 pm

Rivian marks billions in losses for Q4 2021

Rivian has presented its business figures for the fourth quarter and the 2021 fiscal year. Due to the expenses for the production ramp-up, the loss increased enormously. As deliveries are still at a manageable level, sales are still low.

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Mar 4, 2022 - 03:38 pm

Rivian raises prices and backtracks a bit

US-based electric car startup Rivian has raised prices for its first two models, the R1T and R1S, by up to 20 per cent; initially not only for new customers but also for existing reservation holders.

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Feb 1, 2022 - 12:53 pm

Rivian aims to manufacture 200 BEVs per week

US electric car start-up Rivian has ramped up production of its debut model R1T to around 200 units per week, according to insiders. The production ramp-up had previously been bumpy, although the company had postponed the start of production and deliveries several times.

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Nov 10, 2021 - 12:10 pm

Rivian hits the stock market

The US electric car manufacturer Rivian is now completing its announced US IPO and placing 153 million shares on Wall Street at 78 US dollars each. Rivian is now listed on the Nasdaq Global Select Market under the ticker symbol RIVN.

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Sep 15, 2021 - 01:02 pm

Rivian completes first production vehicle

Rivian has finally made its first electric pickup truck, the RT1 – that’s after the US EV start-up had twice postponed the start of deliveries. According to CEO RJ Scaringe, the first customer vehicle has now rolled off the production line.

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Aug 30, 2021 - 11:42 am

Rivian plans to hit the US stock market

The electric car manufacturer Rivian has filed its documents for an IPO with the US Securities and Exchange Commission (SEC). Furthermore, Rivian wants to carry out the IPO on its own and not, like many other eMobility companies, merge with an exchange shell.

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Jul 12, 2021 - 11:22 am

Rivian to launch sales in Europe in 2022

The US start-up Rivian, backed by Amazon and Ford among others, wants to sell its electric vehicles in Europe from the beginning of 2022. The company confirmed this in an email to a potential European customer.

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May 28, 2021 - 01:28 pm

Rivian postpones first deliveries by several weeks

The electric car start-up Rivian, which is supported by Amazon and Ford, among others, has slightly postponed the start of deliveries for the Launch Edition of its R1T electric pickup from June to July 2021. The completion of deliveries is announced for spring 2022.

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Apr 13, 2021 - 01:37 pm

Rivian to source batteries from Samsung SDI

US electric car start-up Rivian Automotive has selected Samsung SDI to supply the battery cells for its first two models, the R1T electric pickup and R1S electric SUV. Rivian has not yet disclosed further details on the volume and duration of the supply contract.

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Jan 6, 2021 - 12:42 pm

Rivian scores in new financing round

Electric car startup Rivian is reportedly close to closing a multi-billion dollar financing round. According to a media report, the new investments are expected to bring Rivian a valuation of 25 billion US dollars (around 20 billion euros).

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Nov 12, 2020 - 03:22 pm

Rivian opens configurator and reveals prices

The US startup Rivian will open the configurator for its R1T and R1S models on 23 November, and even earlier on 16 November for pre-orderers. The first available model is the Launch Edition, followed by the basic version in 2022. The electric pickup with a 180-kWh battery and a range of over 640 kilometres will […]

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Jul 24, 2020 - 01:45 pm

Tesla sues Rivian over trade secrets

The electric car manufacturer Tesla has filed a lawsuit against the startup Rivian, in which the Californians accuse the competitor of having stolen trade secrets. Tesla sees an “alarming scheme” to poach important employees.

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Jul 12, 2020 - 01:48 pm

Rivian collects $2.5Bn, says production is on track

The relative newcomer in the electric vehicle space, Rivian, has raised another 2.5 billion dollars in its latest round of funding. Existing investors BlackRock and Amazon chipped in again with others joining in this time, among them the fund of George Soros.

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Apr 7, 2020 - 01:09 pm

Rivian postpones delivery launch til 2021

After the US electric car startup Rivian had interrupted production preparations for its two debut electric cars due to the Covid 19 pandemic, it is now clear that the plan to start production and deliveries before the end of the year cannot be kept.

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Jan 6, 2020 - 11:38 am

Rivian collects 1.3 billion in financing

The US electric car manufacturer Rivian has raised 1.3 billion dollars in a new round of financing. The financing round was led by the fund company T. Rowe Price, Blackrock and included previous investors, Amazon and Ford.

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Found on electrive.com
https://www.electrive.com/2022/08/12/rivian-marks-over-1-7-billion-in-losses-over-q2-2022/
12.08.2022 12:35