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EV maker Rivian's losses nearly triple to $1.7 bn as production ramps up

Rivian blamed its losses on investments in people and technology, along with auto production lines capable of cranking out lots of cars running at low capacity. ....

United States , Dan Ives , Electric Vehicles ,

Rivian Tests Dual-Motor R1T and R1S In New Zealand

Rivian Tests Dual-Motor R1T and R1S In the New Zealand Winter: Hoping to provide a more accessible tier for the two EVs. ....

New Zealand , Scaringe Rjscaringe , Alfa Romeo , Rivian R1t , Rivian R1s ,

Rivian Lost $1.7 Billion in the Second Quarter - The New York Times

The maker of electric pickup trucks, vans and sport utility vehicles affirmed its production forecast for the year. ....

Ford Motor , General Motors , Chevrolet Silverado , Electric Cars And Hybrids , Earnings Reports , Stocks Bonds ,

Amazon Posts $2 Billion Quarterly Loss as Rivian Investment Tanks

Amazon announced a $2 billion loss for the second quarter this week. Although the company performed well against expectations for sales, the e-commerce giant also took a massive hit over its large investment in electric truck company Rivian. ....

Andy Jassy Isaac Brekken , Andy Jassy , Scaringe Rivian , New York Postreports , Wall Street , Phillip Faraone , Jeff Bezos , Masters Of The Universe ,