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rivian > Page 38
Rivian factory
News November 6, 2021 0 comments on Rivian boosts IPO range, aiming for a $65 billion valuation

Rivian boosts IPO range, aiming for a $65 billion valuation

by Scott Nordlund

On Friday, Rivian significantly raised the expected offer price of its shares in its upcoming IPO. Earlier this week, the company was looking at $62 per share, putting their valuation around $53 billion. However, the […]

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Rivian R1T Vancouver
News November 6, 2021 0 comments on Rivian R1T spotted in Vancouver, BC ahead of Canadian deliveries

Rivian R1T spotted in Vancouver, BC ahead of Canadian deliveries

by Darryn John

With the first deliveries underway in the US and production starting to ramp up ahead of deliveries in Canada, a Rivian R1T has been spotted in Vancouver, BC. The stunning Compass Yellow R1T was seen […]

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rivian service van
News November 5, 2021 0 comments on Rivian will use their electric vans built for Amazon as service vehicles

Rivian will use their electric vans built for Amazon as service vehicles

by Darryn John

After a bit of a slow start, Rivian has been able to ramp production and as of the end of October deliver 156 R1T electric pickup trucks, mostly to employees. With the number of customers […]

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News November 5, 2021 0 comments on Former Rivian Executive suing for gender discrimination

Former Rivian Executive suing for gender discrimination

by Scott Nordlund

Laura Schwab, a former Vice President of Sales and Marketing with Rivian, filed a gender discrimination complaint with the California Superior Court. The complaint alleges that Rivian fired her after Schwab complained about “toxic bro […]

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Rivian R1T production line
News November 2, 2021 0 comments on Rivian R1T production rate ramps to 180 units in October

Rivian R1T production rate ramps to 180 units in October

by Darryn John

Last month we reported on Rivian’s shockingly low R1T production rate, which as of October 22, 2021 had amounted to just 56 electric trucks. That worked out to a rate of just 1.47 R1Ts per […]

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Rivian factory
News November 2, 2021 0 comments on Rivian seeks $60 billion valuation, hopes to raise up to $9.6 billion through IPO

Rivian seeks $60 billion valuation, hopes to raise up to $9.6 billion through IPO

by Mike Flemming

According to a new regulatory filing, Rivian is hoping to raise as much as $8.4 billion through its initial public offering (IPO) later this year. To raise that much money the company is planning to […]

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News October 29, 2021 0 comments on Rivian plans the largest expansion so far at their Normal manufacturing facility

Rivian plans the largest expansion so far at their Normal manufacturing facility

by Scott Nordlund

Rivian has filed plans with the Town of Normal requesting approval for an amended site for a 623,000 square foot addition top their manufacturing facility in Illinois. The new addition would be built along the […]

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Rivian Normal
News October 27, 2021 0 comments on Battery fire at Rivian plant results in partial evacuation, no injuries

Battery fire at Rivian plant results in partial evacuation, no injuries

by Darryn John

The Normal and Bloomington Fire Departments responded to a fire at Rivian‘s manufacturing facility in Illinois last night. There were no injuries reported and no major damage as a result of the fire. The first […]

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Rivian R1T production line
News October 24, 2021 0 comments on Rivian R1T production rate stalls at just over 1 electric truck per day

Rivian R1T production rate stalls at just over 1 electric truck per day

by Darryn John

Rivian made a big splash last month when it announced on September 14, 2021 that they had officially begun series production of the R1T electric pickup truck. Reservation holders were hoping that meant deliveries would […]

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Rivian delivery
News October 24, 2021 0 comments on Rivian continues handing over R1T electric trucks to employees, still no customer deliveries

Rivian continues handing over R1T electric trucks to employees, still no customer deliveries

by Darryn John

The first customer-ready R1T electric pickup truck rolled off the automaker’s production line in mid-September. It was a significant moment for Rivian after more than a decade of work to get to that point. With […]

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