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The Latest Breaking News from Rivian

State, local officials offer $1.5B to land Rivian project

State and local officials promised electric vehicle maker Rivian nearly $1.5 billion in tax breaks and other incentives to build a factory east of Atlanta, the most lucrative package of inducements Georgia has ever offered for what Gov. Brian Kemp calls the largest economic development project in state history.

Tribune News Service

Rivian To Get $1.5 Billion In Public Incentives For Georgia Plant

The $5 billion plant is expected to employ some 7,500 people by 2028, with the average annual salary to be $56,000; all employees will receive equity in Rivian.

InsideEVs

Rivian To Get $1.5B In Incentives For Planned Georgia EV Factory

Rivian Automotive Inc (NASDAQ: RIVN) said on Monday it will receive $1.5 billion in state and local incentives for its electric vehicle plant that it plans to build in Georgia.

Benzinga

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Georgia sets $1.5B in aid for electric vehicle maker Rivian

The state of Georgia and local governments will give Rivian Automotive $1.5 billion of incentives to built a 7,500-job, $5 billion electric vehicle plant

The Independent UK

Rivian Driver Assistance Features Tested: Comparable To Tesla?

Kyle Conners rates the Rivian R1T's driver assistance features, taking the electric pickup through his Hogback Driver Assistance Trial.

InsideEVs

Amazon sees first loss since 2015 as shares tumble 10%

Tech giant’s revenues grew at a sluggish 7% in the first quarter to $116.4bn as shoppers switch back to bricks and mortar

The Guardian - US

What's Going On With Ford Stock Today?

Ford Motor Co (NYSE: F) shares are trading lower Thursday after the company announced financial results and reported a net loss, primarily attributable to the company's investment in Rivian Automotive Inc (NASDAQ: RIVN).

Benzinga

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Ford Loses $3.1 Billion In Q1 2022: Loss Due To Rivian Stock

Automakers are learning that investing in the future of EVs is pricey, and it may not play out as planned. However, it should be worth it in the long run.

InsideEVs

Ford Loses $3.1 Billion In The First Quarter Of 2022

Down from last year’s $3.3 billion profit.

Motor1

Ford posts $3.1 billion loss for Q1 but signals supply-chain improvements ahead

Ford Motor Co. had what executives dubbed a "mixed" performance in the first quarter, but the automaker signaled it sees supply-chain constraints improving in the second half of the year.

Tribune News Service

Deal reached with Rivian for incentives, environmental standards

A development authority east of Atlanta has voted to approve an "economic development agreement" for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.

Tribune News Service

Ford Q1 Earnings Highlights: Revenue And EPS Beat, Valuation Of Rivian Stake Down Sharply, Electric Vehicle Forecast And More

Automotive giant Ford Motor Co (NYSE: F) reported first-quarter financial results after market close Wednesday. Here are the key highlights for investors.

Benzinga

Rivian To Add Sand And Pet Modes, Delay Ocean Coast Interiors

Rivian will delay deliveries of R1S and R1T models featuring the Ocean Coast interior, prioritizing Black Mountain and Forest Edge interiors instead.

InsideEVs

Tesla Owner Checks Out Munro's Rivian R1T: First Drive & Impressions

This Tesla owner visits Sandy Munro to check out the R1T electric truck. He enjoys some time behind the wheel and compares its driver-assist system with Tesla's.

InsideEVs

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The Independent UK

Perdue hugs Trump as he runs to right in Georgia GOP primary

Former U.S. Sen. David Perdue is building his campaign around Donald Trump and veering to the right as he tries to unseat Republican Gov. Brian Kemp in a May 24 GOP primary

InsideEVs

Rivian R1T Can Now Charge At Up To 500 Amps With New Software Update

Rivian has increased the maximum DC fast charging current from 450 A to 500 A, which is expected to slightly increase the rate of range replenishing.

InsideEVs

Rivian R1T Hits The Colorado Trails With Some Gas-Powered Rivals

Out of Spec Overlanding hits the trails with a 2022 Rivian R1T, 2022 Nissan Frontier Pro-4X, and an older high-mileage Lexus GX 470. How do they stack up?

InsideEVs

Rivian R1T Shows Bronco & Wrangler Who's Boss Off-Road In Deep Water

Some have questioned whether the R1T electric truck is as capable as today's top off-road vehicles. While it's not scientific, this video delivers some answers.

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InsideEVs

Ford Patents Tank Turn, Possibly For F-150 Lightning

Rivian demonstrated this feature to the pickup world, but Ford (or even Toyota) could bring it to production first.

Benzinga

'Embarrassing:' Elon Musk Reacts To Tesla Being Pitted Against Rivian On Operating Expenses

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Wednesday said the electric vehicle company’s operating expense is “embarrassingly high."

StockNews.com

The electric vehicle (EV) industry is projected to grow tremendously this year, thanks to substantial consumer demand and favorable government policies. So, given the industry's impressive growth prospects, Wall Street analysts expect the shares of fundamentally solid EV companies Workhorse (WKHS), Rivian (RIVN), and Lucid (LCID) to rally up to…

The Independent UK

Rivian electric car plant blasted by foes at Georgia meeting

Foes trying to derail a $5 billion electric truck plant east of Atlanta are dominating a state process to gather input on environmental concerns

InsideEVs

How Does Rivian R1T's Paint Compare To Tesla's And Aftermarket Paint?

This R1T owner pointed out plenty of "orange peel" on his Rivian R1T electric pickup truck. Does his Tesla Model 3 have the same issue? What about other cars?

The Independent UK

Edmunds: 2022 Rivian R1T vs 2022 Ram 1500

The 2022 Rivian R1T is the first all-electric pickup on the market and it boasts incredible power plus some innovative features

Chicago Tribune

Rivian EV plant aims to ramp up production, with 5,000 workers, 83,000 orders and a few missing parts

NORMAL, Illinois — As problems go, Rivian CEO and founder R.J. Scaringe believes he has a good one.

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