Rivian reportedly cutting 600 workers in third layoff of the year
The layoffs represent about 4% of Rivian’s workforce. The company has made two other smaller cuts since June.
Rivian
Amazon will buy thousands of pedal-assist cargo vehicles from Rivian spinoff Also
The pedal-assist cargo quad vehicles are narrow delivery vans that can operate in a bike lane.
Rivian spinoff Also reveals a high-end modular e-bike for $4,500
The first in a lineup of new vehicles from Also, which started as a skunkworks project inside of Rivian a few years ago.
TechCrunch Mobility: Toyota makes a $1.5B bet on the startup ecosystem
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Rivian is redesigning the R2 SUV’s door handles for better safety
The change comes after employees and customers reportedly voiced concerns.
Rivian’s best-case guess for 2025 sales is a 16% drop from last year
The company will likely sell fewer EVs this year than in both 2024 and 2023, making next year’s launch of the R2 SUV even more important.
Rivian breaks ground on $5B Georgia factory ahead of construction in 2026
While largely ceremonial, it’s an important step for a project that has dealt with a lot of uncertainty the last few years. Rivian R2 SUVs will roll off the line in 2028.
Rivian makes its second small workforce cut of the year ahead of R2 SUV launch
The company previously laid off around 140 workers in its manufacturing division in June.
TechCrunch Mobility: The triple punch headed for automakers
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Rivian sues to sell its EVs directly in Ohio
Today, Rivian can sell EVs directly to consumers in 25 states and Washington D.C.