Rivian Automotive, Inc. (RIVN)

Climate change is one of the biggest challenges the world is facing today. A major cause of this problem is the pollution that comes from vehicles like cars, trucks, and buses that run on petrol or diesel. These vehicles release carbon emissions into the air, which are harmful to the environment. However, with the rise of new car technologies and better energy solutions, there is a chance to reduce this pollution. Two important ways to do this are by using home charging and plug-in hybrid electric vehicles, also known as PHEVs.

Rivian (NASDAQ: RIVN) has today announced that on Thursday, June 12, 2025, at 12:00 p.m. EDT, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference.

Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that Rivian Holdings, LLC (the “Company”), Rivian, LLC (“Rivian LLC”) and Rivian Automotive, LLC (“Rivian Automotive” and, together with the Company and Rivian LLC, the “Co-Issuers”) priced their private offering of $1,250,000,000 aggregate principal amount of 10.000% senior secured green notes due 2031 (the “notes”). Rivian expects to use the net proceeds from the offering of the notes, together with cash on hand, to redeem in full the $1,250,000,000 aggregate principal amount of the Co-Issuers’ outstanding floating rate senior secured notes due 2026 (the “2026 Notes”) and pay related fees and expenses. This press release does not constitute a notice of redemption with respect to the 2026 Notes.

Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that Rivian Holdings, LLC (the “Company”), Rivian, LLC (“Rivian LLC”) and Rivian Automotive, LLC (“Rivian Automotive” and, together with the Company and Rivian LLC, the “Co-Issuers”) intend to offer, subject to market and other customary conditions, $1,250,000,000 aggregate principal amount of senior secured green notes due 2031 (the “notes”) in a private offering. Rivian expects to use the net proceeds from the offering of the notes, together with cash on hand, to redeem in full the $1,250,000,000 aggregate principal amount of the Co-Issuers’ outstanding floating rate senior secured notes due 2026 (the “2026 Notes”) and pay related fees and expenses. This press release does not constitute a notice of redemption with respect to the 2026 Notes.

Rivian Automotive Inc. (NASDAQ: RIVN) has seen a big jump in its stock price. The company recently announced strong sales in the last quarter of 2024 and shared good news about fixing its production issues. These updates have made investors excited about Rivian’s future.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that on Wednesday, June 4, 2025 at 8:50 AM ET, Rivian Founder and CEO RJ Scaringe will participate in a fireside chat at the UBS Auto & Auto Tech Conference.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that on Tuesday, June 3, 2025, at 3:30PM ET, Rivian Founder and CEO RJ Scaringe will participate in a fireside chat at the TD Cowen 9th Annual Future of the Consumer Conference.

Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, and Rivian (NASDAQ: RIVN), American all-electric vehicle manufacturer, today announced a collaboration designed to simplify the complexities of electric fleet management. With this new integration, Samsara customers can now access data on Rivian vehicles in their fleet on the Samsara Platform.

Mazda has officially announced that its future electric vehicles (EVs) in Japan will use the North American Charging Standard (NACS), which was developed by Tesla. Starting from 2027, new Mazda EVs sold in Japan will be built with NACS charging ports.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced its first-quarter 2025 financial results. Rivian achieved a gross profit of $206 million, its second consecutive quarter of gross profit. Hitting this milestone has unlocked an expected $1 billion investment from Volkswagen Group as part of its investment in Rivian following the formation of their joint venture - Rivian and VW Group Technology, LLC. The investment is expected to be funded on June 30, 2025.*

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that Aidan Gomez has been named to its board of directors. Gomez is an experienced data scientist and Artificial Intelligence expert and serves as Co-Founder and CEO of Enterprise AI startup Cohere.

On Wednesday, April 16, 2025, at 3:50 PM ET, Rivian CFO Claire McDonough will participate in The Bank of America Securities 2025 Automotive Summit. A live webcast of the fireside chat will be available here.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending March 31, 2025. The company produced 14,611 vehicles at its manufacturing facility in Normal, Illinois and delivered 8,640 vehicles during the same period.

Rivian (NASDAQ: RIVN) today announced it has spun out its micromobility business into a new company: Also, Inc. Also will focus on small, lightweight vehicles that are designed to meet the global mobility transportation challenges of today and tomorrow.

Across the world, more people are choosing Sport Utility Vehicles (SUVs) over smaller cars. This trend continues even though experts and environmental groups warn about the harmful effects of SUVs on the climate. Many believed that the future of transportation would be small, energy-efficient electric vehicles (EVs). However, SUVs remain the top choice for car buyers.

On Tuesday, March 18 at 12:30 PM ET, Rivian (NASDAQ: RIVN) Founder and CEO RJ Scaringe will participate in a fireside chat at the Wolfe Research Virtual Autos Summit. Emmanuel Rosner and Shreyas Patil from Wolfe will host. A live webcast of the fireside chat will be available here.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced Sreela Venkataratnam as its new Chief Accounting Officer. Ms. Venkataratnam starts at Rivian on March 10 and will be responsible for overseeing accounting. In this role, Venkataratnam will head up Rivian’s financial reporting, tax and trade, internal controls and compliance, finance transformation management and manufacturing controllership.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced fourth quarter and full year 2024 financial results. Rivian reported a gross profit of $170 million in the fourth quarter of 2024, primarily driven by improvements in variable costs, revenue per delivered unit, and fixed costs. Rivian expects these improvements to benefit it over the long-term and position the company well to achieve modest gross profit for 2025. Rivian achieved record revenues in the fourth quarter of 2024 driven by the sale of regulatory credits and software and services revenue growth as well as increasing R1 average selling prices with the increased availability of its Tri-Motor offering.

On average, a battery electric vehicle (BEV) will lose a portion of its battery capacity over its lifetime. However, technological advancements have allowed BEVs to retain more capacity after several years of use. Electric cars manufactured from 2017 to 2018 will retain 93% of their battery capacity while even newer models from 2019 to 2023 will still have 96-97% of their original capacity.

China’s electric vehicle (EV) market is experiencing a major shift as Leapmotor, a rising EV manufacturer, launches its latest smart electric vehicle. The new model, the B10, offers advanced driving technology at a competitive price of under 150,000 yuan ($20,535). This announcement comes just a day after BYD, another leading Chinese EV maker, slashed the prices of its smart EVs, intensifying competition in the market. Analysts predict these moves could trigger a new wave of price cuts and technological advancements in the EV industry.

Rivian Automotive (NASDAQ: RIVN) has today announced it is opening sales for the Rivian Commercial van to fleets of all sizes in the US. The Rivian Commercial Van is the platform on which Amazon’s custom electric delivery van (EDV) is based, and is designed from the ground up, prioritizing safety, driver comfort, total cost of ownership and sustainability. Safety features include automatic emergency braking, collision warnings, and 360-degree visibility – meaning the Rivian Commercial Van is engineered to be among the safest vehicles on the road today.

Rivian (NASDAQ: RIVN) today announced it has closed its loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) in financial support for the construction of its next manufacturing facility in Stanton Springs North, near the City of Social Circle, Georgia. These funds will help secure American leadership in electric vehicles while supporting the creation of 7,500 new manufacturing jobs and accelerating the volume expansion of the company’s new R2 SUV and R3 crossover.

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period.

Rivian Automotive Inc. (NASDAQ: RIVN), an electric vehicle (EV) manufacturer, is taking a fresh approach to car controls. Instead of the boring and plain designs many cars use, Rivian has created something fun, colorful, and inspired by anime and optimism. This new design makes interacting with the car more enjoyable and reflects Rivian’s vision for a better, more sustainable future.

American all-electric automaker Rivian Automotive (NASDAQ: RIVN) today announced it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.