About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Investors are digesting a flurry of news surrounding electric vehicle (EV) maker Rivian Automotive (RIVN 1.65%). It seems the market doesn't know what to make of the mixed bag of information either.Rivian shares jumped as much as nearly 6% early today before turning negative by 3%. As of 10:55 a.m. ET, the stock had recovered and was trading higher by 3.2%.Rivian's capital influxThe big news from the EV start-up today was a commitment for a conditional loan of up to $6.6 billion from the U.S. Department of ...

Rivian Automotive (RIVN) stock is higher in Tuesday's session after the electric vehicle (EV) maker announced it has secured a conditional commitment for a loan of up to $6.6 billion from the Department of Energy's Advanced Technology Vehicle Manufacturing (ATVM) Loan Program. If finalized, the loan will be used to construct Rivian's next facility in Stanton Springs North, Georgia. This will allow the automaker to expand its domestic production and help fund its production of its midsize vehicles, Rivian sa ...

Key TakeawaysRivian announced late Monday that the EV startup has received initial approval for a loan from the U.S. government to build a factory in Georgia.The company could receive a $6.6 billion loan from the Department of Energy's Advanced Technology Vehicle Manufacturing program, pending legal and environmental hurdles.If the loan is approved, the Georgia facility would produce a projected 400,000 vehicles per year. Rivian (RIVN) announced late Monday that it has received "conditional commitment" from ...

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin operations at the Georgia factory in 2028 — four years later than originally planned. The factory will employ 7,500 by the end of 2030, a figure that is tied to an inc ...

Shares of Rivian Automotive (RIVN 12.55%) were trading higher on Monday after California's governor said that his state could provide rebates to electric vehicle (EV) buyers if President-elect Donald Trump ends federal EV tax credits.As of noon ET, Rivian's shares were up about 14.9% from Friday's closing price. California's governor is already aiming to offset Trump's EV policiesIn a statement on Monday morning, Gov. Gavin Newsom of California said that he will propose creating a new version of California' ...

Rivian Automotive (RIVN 8.25%) has been an extremely volatile stock since its initial public offering in 2021. Yet volatility can often create incredible buying opportunities. After a recent correction, Rivian stock is now too cheap to ignore. And there's one major reason to buy before the end of the month. Let's dive in, and I'll explain.Rivian says it's about to achieve this major milestoneThe electric vehicle (EV) maker has had a lot of success since launching its first two luxury models: the R1T and R1S ...

Rivian has made plenty of good decisions, but this one might top them all.Rivian (RIVN 2.20%) has plenty of intriguing ambitions to keep investors on the hook. The company has product pipeline visibility with its upcoming R2, due to be launched in the first half of 2026, followed by the R3 and R3X -- all of which will be more affordable than its R1 predecessors. Rivian also plans to sell the R2 overseas, fueling its global growth. The electric vehicle (EV) maker is planning to achieve positive gross profits ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of RIVN either through stock ownership, options, or other derivatives. I wrote this ...

Rivian Automotive RIVN has announced more stops on its R2 Road Tour to bring the R2, R3 and Gen 2 R1S and R1T vehicles to the public for test drives and demonstrations ahead of R2 production starting in the first half of 2026.What Happened: Rivian has said that the R2 will be a "fundamental driver" of growth going forward. That vehicle launch, along with the recently launched joint venture with Volkswagen VWAGY could be the biggest catalysts for Rivian in some time.Rivian announced that the "R2 is coming to ...