Rivian Automotive(RIVN)

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Rivian Holds Kickoff Ceremony for Georgia Plant, Accelerating American Manufacturing Growth
Businesswire· 2025-09-16 15:47
SOCIAL CIRCLE, Ga.--(BUSINESS WIRE)--Rivian today was joined by Georgia Governor Brian Kemp, First Lady Marty Kemp, Georgia Speaker of the House Jon Burns, and other state and local officials for a groundbreaking ceremony at the company's manufacturing site outside Social Circle, Georgia. Expected to create 7,500 jobs by 2030 and 2,000 construction jobs, the plant will build Rivian's next generation vehicles, including the midsize R2 SUV and R3 crossover. "We are cementing Rivian's future at ou. ...
Rivian CEO: Will scale global production with new plant in Georgia
CNBC Television· 2025-09-16 14:21
Production & Expansion - Rivian is building a \$5 billion plant in Stanton Springs to scale global production [1] - The new plant is planned to produce 400,000 units annually [2] - Production at the new plant is expected to begin in 2028 [2] EV Demand & Market - The industry anticipates a dip in EV sales starting next quarter [2] - Rivian is optimistic about EV demand beyond the short-term impact of the tax credit ending, particularly for the R2 model [3][4] - The R2 is a five-passenger SUV starting at \$45,000 [4] Supply Chain & Raw Materials - Rivian is dependent on China for heavy rare earth metal exports in the short term [7] - Rivian is developing technologies to build motors without heavy rare earth metals [8] - Rivian is focused on assessing and ensuring the health of its supply base, particularly tier 2, 3, and 4 suppliers [9][10] Government & Partnerships - Rivian has a strong relationship with the Department of Energy [12] - Rivian has a \$5.8 billion joint venture and software supply agreement with Volkswagen [13]
Rivian CEO: Will scale global production with new plant in Georgia
Youtube· 2025-09-16 14:21
Group 1: Company Overview - Rivian is constructing a $5 billion plant aimed at scaling global production, with an initial focus on launching the R2 model in Illinois [1][2] - The new facility is designed to produce 400,000 units, with significant site work and infrastructure already established [2] Group 2: Market Demand and Sales - There is an anticipated dip in EV sales starting next quarter, affecting the entire industry, but Rivian remains optimistic about long-term demand for EVs, particularly for the R2 model priced at $45,000 [3][4] - Rivian believes that the R2 will appeal to consumers due to its comfort and off-road capabilities, capturing the essence of the R1 vehicle at a lower price point [4] Group 3: Supply Chain and Raw Materials - Rivian is dependent on raw materials from China, particularly heavy rare earth metals, and is actively working with the U.S. administration to secure trade relationships [5][6] - The company is also exploring technologies to produce motors without heavy rare earth metals, which could mitigate supply chain risks [8] Group 4: Supplier Health and Challenges - Rivian has faced challenges with its supply base, particularly with tier 2 and tier 3 suppliers, but has implemented a robust process to assess supplier health for the R2 production [10] - The company is focused on ensuring that its supply chain is ready to ramp up production effectively [10] Group 5: Government Relations and Funding - Rivian maintains a strong partnership with the Department of Energy, emphasizing the administration's goal to create jobs in the U.S. and support technological leadership [12] - The company has secured a significant joint venture and software supply agreement with Volkswagen, highlighting the strength of its technology [13]
It's 'do or die' for electric vehicle maker Rivian as it breaks ground on a $5 billion plant
Yahoo Finance· 2025-09-16 11:05
ATLANTA (AP) — It seems like a terrible time to build an electric vehicle plant in the United States, but Rivian Automotive leaders say they're confident as the company starts long-delayed work on a $5 billion facility in Georgia. The money-losing California-based company breaks ground Tuesday east of Atlanta despite President Donald Trump’s successful push to roll back electric vehicle tax credits. Starting Sept. 30, buyers will no longer qualify for savings of up to $7,500 per car. Rivian Chief Policy ...
汽车早餐 | 滴滴2024年所有订单平均抽成14%;广州3亿元汽车消费补贴将启动;宝骏年底首发城市领航辅助
Zhong Guo Qi Che Bao Wang· 2025-09-15 01:59
Domestic News - The Ministry of Commerce has initiated an anti-dumping investigation into imported analog chips originating from the United States, following a formal application submitted by the Jiangsu Semiconductor Industry Association on July 23, 2025 [2] - As of September 10, 2025, the number of applications for the vehicle trade-in program has reached 8.3 million, with the Ministry of Commerce working with relevant departments to support local reforms in automotive consumption [3] - The Ministry of Ecology and Environment will continue to conduct consistency checks on new car production and in-use vehicles, aiming for comprehensive inspections of problematic enterprises and risky models [4] - Guangzhou is launching a 300 million yuan automotive consumption subsidy program, offering up to 5,000 yuan for eligible car purchases from September 15 to 30, 2025 [5] International News - Volvo is recalling 1,355 vehicles in the U.S. due to a potential issue with the front seatbelt retractor's torque rod, with dealers set to replace the affected components free of charge [6] - The International Energy Agency projects strong growth in low-emission hydrogen projects despite facing multiple challenges, with global hydrogen demand expected to rise to nearly 100 million tons by 2024, a 2% increase from 2023 [7] - Elon Musk's xAI has laid off approximately 500 employees, about one-third of its data annotation team, as part of a restructuring plan [8] - Rivian is recalling 24,214 electric vehicles in the U.S. due to a software defect that may cause the highway assist system to misidentify vehicles ahead [9] Corporate News - Changan Automobile forecasts that the Robotaxi market in China will grow to 430 billion yuan by 2035, as automotive companies transition from manufacturing to mobility service providers [10] - Dongfeng Motor Group is developing a self-developed solid-state battery with a capacity of 350Wh/kg, expected to debut in vehicles by 2026, achieving a range of 1,000 kilometers [11] - Faraday Future is planning to spin off its Crypto and related assets for public listing, having successfully completed two rounds of crypto asset allocation totaling approximately 7 million dollars [12] - Didi announced that the average commission for all orders in 2024 will be 14%, with most of the commission being used for subsidies and platform maintenance [13] - Zijin Mining has launched a lithium carbonate project in Argentina with an annual production capacity of 20,000 tons, with plans for further expansion to 60,000-80,000 tons [14] - Baojun is set to unveil its industry-first urban navigation assistance feature by the end of the year, with plans for OTA updates across multiple models [15]
Rivian Down 85%
247Wallst· 2025-09-14 16:24
Core Viewpoint - Rivian's shares have experienced a significant decline, dropping over 85% in the last five years [1] Company Summary - Rivian (NASDAQ: RIVN) has seen its stock price decrease substantially, indicating potential challenges in its market performance and investor confidence [1]
Rivian早盘下跌4.4% 该公司日前召回超过24000辆汽车
Cai Jing Wang· 2025-09-13 07:26
日前,电动汽车生产商Rivian公司早盘下跌4.4%,该公司宣布召回超过24000辆汽车,原因是其免提高 速辅助系统存在软件缺陷。(智通财经) ...
亚马逊(AMZN.US)评估除Rivian(RIVN.US)外电动货车选项,通用BrightDrop测试启动
智通财经网· 2025-09-13 06:32
对通用汽车而言,若能赢得亚马逊订单,将为其尚处起步阶段的商用电动汽车业务注入强心针。该公司 去年已将BrightDrop部门整合至通用汽车Evolve部门,该部门专注于企业及政府机构车队车辆供应。 BrightDrop电动货车凭借272英里续航里程,已获联邦快递(FDX.US)及多个公共部门车队采用,此次与 亚马逊的合作测试或进一步拓展其市场应用场景。 为弥补数量差距,亚马逊正测试包括通用汽车(GM.US)、福特(F.US)、Stellantis(STLA.US)及梅赛德斯- 奔驰(MBGYY.US)在内的多家车企产品。 智通财经APP获悉,亚马逊(AMZN.US)已启动雪佛兰BrightDrop电动货车作为其送货车队的测试,测试 消息一出,Rivian(RIVN.US)股价随即承压。这家电商巨头证实,作为"2030年前让10万辆电动货车上 路"计划的一部分,该公司正在评估除现有Rivian送货货车外的其他供应商选项,这意味着亚马逊可能 寻求供应链多元化而非单一依赖Rivian。 追溯合作背景,亚马逊于2019年9月与Rivian达成协议,计划采购10万辆电动货车并承诺对后者进行"重 大"投资。然而截至目前, ...
Here's Why Rivian Automotive (RIVN) Fell More Than Broader Market
ZACKS· 2025-09-12 22:46
In the latest close session, Rivian Automotive (RIVN) was down 3.65% at $13.46. This change lagged the S&P 500's daily loss of 0.05%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, added 0.45%. Prior to today's trading, shares of the a manufacturer of motor vehicles and passenger cars had gained 15.84% outpaced the Auto-Tires-Trucks sector's gain of 7.72% and the S&P 500's gain of 3.44%.Investors will be eagerly watching for the performance of Rivian Automotive in its upcoming earnings d ...
Think Rivian Stock Is Expensive? These 4 Charts Might Change Your Mind.
Yahoo Finance· 2025-09-12 17:37
Group 1 - Rivian has experienced significant growth since its IPO in 2021, with annual revenues now exceeding $5 billion, showcasing a remarkable increase in just four years [2] - The electric vehicle industry has been developing for over a decade, making it easier to predict growth potential compared to newer markets like artificial intelligence [3] - Tesla's success in scaling production of affordable electric vehicles has set a benchmark for Rivian, highlighting the challenges and capital requirements in the EV manufacturing sector [4][5] Group 2 - Rivian plans to begin production of its first affordable vehicle, the R2, priced at $45,000, which is expected to broaden its market accessibility [6] - Historical patterns in Tesla's growth, particularly the introduction of mass-market models like the Model 3 and Model Y, suggest that Rivian could experience similar growth spurts in the future [7] - Rivian is anticipated to have several mass-market models in production soon, with key metrics expected to improve significantly by 2026 [8]