This move is aimed at harnessing the city's AI engineering talent to support the company's team in Palo Alto, California, US.

Automaker Hopes To Continue Evolution Of Its Tech Platform. Rivian has announced plans to open an office in London “to ...

The autonomous vehicle industry is navigating a pivotal summer, with major moves from Tesla and Waymo, fresh commercial ...

Rivian stock (NASDAQ: RIVN) rose on Friday in response to Tesla's (NASDAQ: TSLA) plans to launch its robotaxi service in San ...

Right now, Rivian only has one factory in Normal, where it manufactures its flagship R1T truck alongside the R1S SUV and electric delivery vans. While the plant currently has 150,000 units of capacity ...

Also Inc., the micromobility startup spun out of Rivian earlier this year, has raised $200 million from Greenoaks Capital, according to a new report from Bloomberg News. The funding round brings ...

Rivian has achieved consecutive quarters of gross profitability, driven by internal improvements, cost reductions, and more efficient scaling strategies. The Volkswagen partnership provides $5.8 ...

Rivian's path to profitability hinges on maintaining key partnerships, boosting auto gross margins to ~20%, and aggressive revenue growth, with a Hold rating due to potential upside. Expansion ...