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Rivian retools in quest for first profit | REUTERS
Category: Autos & Vehicles
Rivan has made some big changes in a drive to cut costs and turn its first profit the electric vehicle maker has removed over 500 parts from the design of its flagship suvs and pickups and over a 100 steps in the battery making process ceo rj scarin says the retooling of its manufacturing process adds... Read more
Rivian Announces $827 Million From Illinois For Plant Expansion -
Category: People & Blogs
Rivan shares increased as much as 9% in intraday trading wednesday following an announcement it will receive $827 million from the state of illinois for the expansion of its plant in the city of normal furthering its investment in the facility about 2 months after it indefinitely paused plans for a... Read more