https://www.ajc.com/news/georgia-supreme-court-declines-to-hear-rivian-incentives-case/O7MW2M4N5RG7PHFC733BHF44YE/
The Georgia Supreme Court has declined to hear an appeal challenging the validity of roughly $700 million in property tax breaks that Rivian is expected to receive for its future...
https://www.bloomberg.com/news/articles/2023-07-03/rivian-to-expand-amazon-electric-van-deliveries-to-eu-in-germany
Rivian Automotive Inc. will expand deliveries of a battery-electric van it makes for Amazon.Com Inc. to Europe. It will be the EV maker’s first commercial shipments outside the...
Rivian produced 13,992 vehicles and delivered 12,640 in Q2 2023. It reaffirmed its 50,000 production guidance this year.
https://www.sec.gov/Archives/edgar/data/1874178/000187417823000033/ex-9912q23deliveryproducti.htm
https://www.reuters.com/business/autos-transportation/biden-administration-aims-2-bln-grants-us-electric-vehicle-transition-2023-06-28
Wonder if Rivian can get any of this cash, or is it “union” shop only?
Rivian is going to have two EV factories, as we all know.
https://electrek.co/2023/06/28/volkswagen-slows-id4-id7-ev-production-plans-lay-off-hundreds-workers-germany/
"... laggard software development has stymied the automaker’s progress, causing the Group to… regroup and pivot its business strategy toward optimization and cashflow."
Posted by Carter Gee from attending a Venice Hub event with Jeff Hammoud, Rivian’s Head of Design. Fantastic write up!
[Event Summary] Head of Design Talk at Venice Hub
Hello Rivimotes!
This weekend I headed dow to LA from SF to 1) see my friends but also 2) attend an event at the Rivian...
https://www.reuters.com/markets/deals/rivian-acquires-route-planning-app-maker-iternio-ceo-2023-06-21/
Rivian acquires route planning app maker Iternio - CEO
June 21, 2023
SAN FRANCISCO, June 21 (Reuters) - Rivian (RIVN.O) has acquired Swedish EV route planning app maker Iternio to add its...
- Proposal 1 - Election of Two Class II Directors Named in Proxy Statement
APPROVED
- Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm
APPROVED
- Proposal 3 - Approval, on an Advisory (Non-binding) Basis, of the Compensation of our Named Executive...
SUMMARY (original source link below) from fireside chat with Claire McDonough, CFO of Deutsche Bank:
Enduro ramp slightly ahead of schedule
Consumer demand trend:
Overall, continue to have robust demand into 2024
Stable demand environment, ie demand isn’t falling as some might have concerns...
https://www.marketwatch.com/story/rivian-stock-has-clear-opportunity-to-pull-ahead-barclays-says-f6467d2c
Rivian Automotive Inc.’s recent “clear improvements” reinforce investor’s confidence that the EV maker is on path to break even next year, presenting an opportunity for the stock.
That’s...
https://rivian.com/support/article/what-are-the-differences-between-dual-motor-awd-performance-dual-motor-awd-and-q
What are the differences between Dual-Motor AWD, Performance Dual-Motor AWD and Quad-Motor AWD vehicles?
Preorder holders can choose between three drive systems that distribute...