Rivian sacrifices 2027 profit goal to push deeper into autonomy
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.
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Rivian CEO RJ Scaringe shares his thoughts and plans for his newest startup, Mind Robotics.
Rivian spent the last two years promoting the R2 as a $45,000 SUV. But buyers won’t be able to pay that price until late next year — if at all.
Two years after revealing what its affordable next-generation EV would look like, Rivian has shared all of the pricing, colors, and performance specs for its upcoming R2 SUV. And like so many new car releases, it’s complicated. The bottom line: Rivian’s bid to sell a more affordable EV that is accessible to a broader market […]
The startup, which was created by Rivian founder RJ Scaringe, is looking to train on data from, and deploy in, Rivian’s factory.
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A 61-year-old worker died on Thursday after reportedly getting stuck between a truck trailer and a loading dock.
If Rivian reaches its R2 sales target in 2026, it will be one of the fastest ramp-ups ever of a new EV in the United States.