Rivian share price jumps 50% on Volkswagen’s $5 billion investment

Rivian share price jumped 50% in extended trading on Tuesday after German automaker Volkswagen announced an…

Rivian beats quarterly revenue estimates on high-priced EV sales

Last Update: May 10, 2023, 06:16 IST Shares of Rivian, which also cut costs during the…

Ford offloads 7 million more shares of electric-vehicle startup Rivian

Ford Motor Co. said it unloaded more shares of Rivian Automotive Inc., further putting pressure on…

CEO Steers Electric Truck Startup Rivian Supply Chain Through Twilight Zone

Rvian Automotive Inc. CEO RJ Scaringe needs to sell a lot more electric vans and pickup…

California, Texas pension funds among new investors in EV startup Rivian

Employee pension funds from 7 US states have bought stake in electric vehicle startup Rivian Automotive…

Billionaire Soros buys stake in EV startup Rivian

The 19,835,761 shares, worth about $2 billion at the time, make Soros Fund Management one of…

Nasdaq on track to beat NYSE in record year of IPOs

Nasdaq Inc. is set to beat the New York Stock Exchange in initial public offerings this…

Why did Ford and Rivian leave their electric vehicle alliance?

Breakups are tough—even amicable ones. But a reappraisal usually uncovers issues that inform the future. So…

Rivian, Ford cancel plans to collaborate on electric vehicle

Ford will retain its stake in the start-up when Ford announced plans to collaborate after investing…

Tesla climbs as other EV makers brake after rally

Investors exchanged $33.8 billion worth of Tesla shares on Wednesday, according to Refinitiv, more than any…