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Rivian plant gearing up for June launch, the return of automaking to Normal and the dawn of the electric vehicle age

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»

Category: topSource: chicagotribuneApr 17th, 2021

Rivian plant gearing up for June launch in Normal

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon.....»»

Category: topSource: chicagotribuneApr 16th, 2021

Illinois auto dealers sue the state and EV startup Rivian for selling direct to consumers

Illinois auto dealers filed a lawsuit Thursday in Cook County Circuit Court against the secretary of state and Rivian, claiming the electric truck startup was violating.....»»

Category: topSource: chicagotribuneMar 26th, 2021

Lawsuit claims Lordstown electric truck startup, a Rivian rival, defrauded investors

Electric truck startup Lordstown Motors Corp. faces a shareholder lawsuit claiming it has defrauded investors by making spurious claims about the numb.....»»

Category: topSource: chicagotribuneMar 19th, 2021

Billionaire investor Ron Baron trims Tesla stake, bets on electric truck maker Rivian and autonomous driving start-up Cruise

Disruption in the auto sector remains an investment theme for Baron, as evidenced by new investments the fund manager has made over the past year. CNBC TV A fund managed by billionaire investor Ron Baron trimm.....»»

Category: topSource: businessinsiderMar 4th, 2021

How Option Traders Are Playing Ford Following $2.7B Rivian EV Truck Investment

Ford Motor Company (NYSE: F) shares spiked 6.6% Thursday and are now up 18.6% in the past week following news that Ford electric truck startup Rivian raised more than $2.7 billion at a $28 billion valuation. read more.....»»

Category: blogSource: benzingaJan 21st, 2021

Ford extends 3-day surge to 23% as Rivian"s big capital raise boosts the company"s electric-car prospects

Ford is also developing an electric version of its popular F-150 pick-up truck and Mustang convertible, dubbed the Mach-E. Rivian R1T......»»

Category: worldSource: nytJan 21st, 2021

Rivian is months away from launching production at its Illinois factory, but the would-be Tesla of trucks is already valued at nearly $28 billion

Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch.Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch......»»

Category: topSource: chicagotribuneJan 20th, 2021

Rivian raises another $2.65 billion in funding as Illinois-built EV nears June launch

Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch.Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch......»»

Category: topSource: chicagotribuneJan 19th, 2021

Electric vehicle maker Rivian: expect prices lower than previously announced

Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco's Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced......»»

Category: topSource: reutersJan 25th, 2020

Watch the Tesla Cybertruck"s closest rival execute full 360-degree turns from a standstill

Michael Brochstein/SOPA Images/LightRocket via Getty Images Rivian, the electric-truck company set to begin production of .....»»

Category: topSource: businessinsiderDec 26th, 2019

Another Big Round of Venture Funding for Rivian

Electric pickup truck and SUV maker Rivian landed a Christmas present of $1.3 billion in fresh cash as it works to get its first deliveries out the door by late next year......»»

Category: blogSource: 247wallstDec 24th, 2019

Rivian Closes $1.3B Funding Round

The year 2019 has been good to Rivian, an electric truck maker headquartered in Plymouth, Michigan. The co.....»»

Category: blogSource: benzingaDec 23rd, 2019

Factbox: Tesla, Detroit, Amazon-backed Rivian race to electrify pickup trucks

Tesla Inc debuted its electric pickup truck Cybertruck on Thursday, joining a list of automakers and start-ups that have been working on electrifying pickup trucks - the heart of the Detroit automakers' profits......»»

Category: topSource: reutersNov 22nd, 2019

Electric truck firm Nikola to unveil "game-changing" battery cell technology

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 19th, 2019

Judge nixes federal authority over fintech charters

Long ago I met the head of a mid-sized private equity firm in his office asked him how his business worked. The question was meant to be an icebreaker and I braced myself to steer the conversation... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 26th, 2019

Dana Acquires Canadian Electric Truck Firm Nordresa

Dana (NYSE: DAN) has acquired Nordresa, a Canadian firm that integrates electric drive trains into commercial vehicles.  read more.....»»

Category: blogSource: benzingaAug 27th, 2019

Ford Is Making Its Own Electric Truck, So Why Is It Investing In Rivian?

It's the ".....»»

Category: europeSource: fortuneApr 25th, 2019

Ford, like Amazon, opens its wallet to help Rivian: $500M for electric vehicle startup with downstate Normal factory

Electric truck startup Rivian, which is op.....»»

Category: topSource: chicagotribuneApr 24th, 2019

Ford joins Amazon with a big investment in electric truck maker Rivian

Ford Motor Co. will invest $500 million in Riv.....»»

Category: topSource: latimesApr 24th, 2019