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Rivian Automotive, Inc. - RIVN STOCK NEWS

Welcome to our dedicated page for Rivian Automotive news (Ticker: RIVN), a resource for investors and traders seeking the latest updates and insights on Rivian Automotive stock.

Rivian Automotive, Inc. (symbol: RIVN) is at the forefront of the electric vehicle (EV) revolution, designing, developing, and manufacturing innovative electric vehicles and accessories. The company's mission is to inspire people to explore the world, whether it’s a family camping trip or a weekend getaway. Rivian is dedicated to providing the ultimate platform for life’s adventures.

The company has established three state-of-the-art development centers located in Plymouth, MI, San Jose, CA, and Irvine, CA. Complementing these development hubs is a modern, fully operational 2.6 million square foot manufacturing plant situated in Normal, IL. This extensive infrastructure supports Rivian's vision and underscores its commitment to pioneering the future of mobility.

Rivian's flagship offerings in the consumer market include the R1 platform, which features the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV). Both models are designed to meet the needs of adventurous consumers seeking reliable and eco-friendly transportation solutions.

The company boasts a diverse and passionate team with backgrounds in various industries including automotive, technology, industrial equipment, consumer electronics, and aerospace. This eclectic mix of expertise fuels Rivian's innovative spirit and drive to turn ambitious ideas into reality.

Rivian is also actively expanding its workforce, seeking curious and determined individuals who share a passion for creating the world of tomorrow. The company's culture emphasizes collaboration, creativity, and a relentless pursuit of excellence.

For investors and stakeholders, Rivian represents a bold venture into the future of transportation, backed by significant achievements and ongoing projects. The company's financial health is bolstered by strategic partnerships and a clear vision for sustainable growth.

Stay tuned to the latest Rivian News to keep up with developments and updates as the company continues to shape the landscape of electric vehicles.

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Rivian Automotive, Inc. (NASDAQ: RIVN) announced production results for Q3 2022, reporting the production of 7,363 vehicles and 6,584 deliveries. These figures align with Rivian's expectations, maintaining its guidance of 25,000 annual production. The company underscores its commitment to meeting production targets as it ramps up operations at its Normal, Illinois facility.

Forward-looking statements indicate potential uncertainties surrounding future results due to various risks. Rivian aims to foster a transition to carbon-neutral energy and transportation through its innovative electric vehicles.

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Rivian (NASDAQ: RIVN) announced that CEO RJ Scaringe will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 14, 2022, at 11:15 AM EST. The event will be available via a live webcast for interested parties. Rivian focuses on creating products that promote a transition to carbon-neutral energy and transportation, specifically through the manufacture of electric vehicles and accessories.

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Rivian Automotive, Inc. (NASDAQ: RIVN) released its second quarter 2022 financial results, available on its investor relations site. The company will conduct an audio webcast to discuss these results and provide a business update today, August 11, at 2:00 PM PT. Rivian aims to support the transition to carbon-neutral energy and transportation through its electric vehicles and complementary services. For further information on their products and operations, interested parties can visit their website.

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Rivian Automotive, Inc. (NASDAQ: RIVN) will release its second quarter 2022 financial results on August 11, 2022, after market close. An audio webcast will follow the release at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results and provide a business update. The live webcast can be accessed here, with a replay available for four weeks on Rivian's investor website.

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Rivian Automotive, Inc. (NASDAQ: RIVN) reported production and delivery figures for Q2 2022, producing 4,401 vehicles and delivering 4,467 vehicles at its Normal, Illinois factory. These results align with the company's internal expectations and support its target of 25,000 annual vehicle production.

The press release also includes forward-looking statements that carry inherent risks and uncertainties, advising investors to consider these factors when evaluating future prospects.

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Rivian has opened its first three fast charging sites in Colorado and California as part of its Rivian Adventure Network. These Level 3 DC fast chargers can deliver over 200 kilowatts of power, allowing drivers to add up to 140 miles of range in 20 minutes. The sites include Salida, Colorado, and two locations in California, Inyokern and Bishop, enhancing access to popular natural destinations. Rivian's commitment to sustainability is reflected in its use of 100% renewable energy for these chargers, with plans to deploy 3,500 fast chargers across North America.

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Rivian plans to install a 2.8-megawatt wind turbine at its Normal, Illinois manufacturing campus to provide renewable energy for charging its R1 vehicles. The turbine is expected to generate around 10 million kilowatt-hours annually, powering about 890 average U.S. homes and avoiding an estimated 177,000 tons of CO2 emissions over 25 years. The project supports Rivian's goal of achieving net-zero carbon emissions by 2040. Rivian is collaborating with Apex Clean Energy for the turbine's construction, having submitted a permit application to the Town of Normal for approval.

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On June 16, 2022, at 11:55 am ET, Rivian's CFO Claire McDonough will participate in a fireside chat during the Deutsche Bank Global Auto Industry Conference. A live webcast of the event will be available here. A recording will also be accessible post-event.

Rivian focuses on producing electric vehicles and services aimed at transitioning to carbon-neutral energy and transportation.

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Rivian will hold its first annual shareholder meeting on June 6, 2022, at 11:00 am PT / 2:00 pm ET. The virtual event will be accessible here. A recording will be later posted on Rivian's investor relations website. Rivian focuses on creating electric vehicles and services promoting carbon-neutral transportation. More information about its products and services is available on rivian.com.

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On June 2, 2022, at 3:30 PM ET, Rivian's founder and CEO RJ Scaringe will speak at Bernstein’s 38th Annual Strategic Decisions Conference.

A live webcast of the event will be available here.

Rivian is dedicated to creating products that facilitate a transition to carbon-neutral energy and transportation through their innovative electric vehicles.

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FAQ

What is the current stock price of Rivian Automotive (RIVN)?

The current stock price of Rivian Automotive (RIVN) is $13.75 as of December 23, 2024.

What is the market cap of Rivian Automotive (RIVN)?

The market cap of Rivian Automotive (RIVN) is approximately 14.1B.

What does Rivian Automotive, Inc. do?

Rivian designs, develops, and manufactures electric vehicles and accessories, focusing on adventure-ready vehicles like the R1T pickup truck and R1S SUV.

Where are Rivian's development centers located?

Rivian has development centers in Plymouth, MI, San Jose, CA, and Irvine, CA.

Where is Rivian's manufacturing plant?

Rivian's manufacturing plant is located in Normal, IL.

What are Rivian's first generation consumer vehicles?

Rivian's first generation consumer vehicles include the R1T, a two-row pickup truck, and the R1S, a three-row SUV.

What is Rivian's mission?

Rivian aims to inspire people to explore the world by providing the ultimate platform for life’s adventures through their innovative vehicles.

Who makes up Rivian's team?

Rivian's team consists of professionals from diverse fields such as automotive, technology, industrial equipment, consumer electronics, and aerospace.

Is Rivian hiring?

Yes, Rivian is actively hiring curious and determined individuals who are passionate about creating the world of tomorrow.

What distinguishes Rivian's vehicles?

Rivian's vehicles are distinguished by their innovative electric designs, adventure-ready features, and eco-friendly technologies.

How large is Rivian's manufacturing plant?

Rivian's manufacturing plant covers an area of 2.6 million square feet.

How can I stay updated on Rivian's latest news?

You can stay updated on Rivian's latest news by following their announcements and updates on news platforms and their official website.

Rivian Automotive, Inc.

Nasdaq:RIVN

RIVN Rankings

RIVN Stock Data

14.09B
742.54M
26.61%
45.82%
14.7%
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