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Electric vehicle makers Rivian and Lucid warned of higher costs from U.S. tariffs on imported vehicles and auto parts, even ...
"RIVN delivered a strong quarter with positive cash gross margins, marking its second consecutive profitable period and ...
Rivian reported Q1 results Tuesday. Here are the key highlights and a look at what's next, including the latest on the R2.
Electric vehicle makers Rivian (NASDAQ:RIVN) and Lucid Motors (NASDAQ:LCID) are bracing for higher production costs as new ...
Rivian doesn't plan to change the R2 crossover's starting price of $45,000 in response to tariffs. Rivian cut its delivery guidance for 2025 due in part to "evolving trade regulation." ...
Making matters worse is that Trump's trade war with China has escalated ... for electric vehicles (EVs). Recently, Rivian Automotive (NASDAQ: RIVN) CEO RJ Scaringe highlighted these difficulties ...
The company said in its first-quarter shareholder letter that its guidance reflects the "evolving" trade ... Rivian is an American automaker, making its vehicles 100% in the United States. CEO ...
Rivian warned ... of the global trade and economic situation which we expect to impact material costs, material availability, capital expenditures and the demand backdrop,” CEO and founder ...
“This will be a key enabler to increasing production at the plant in 2026 when we start to build R2, in addition to R1 and our commercial vans,” Rivian CEO RJ Scaringe said in a statement.
Rivian CEO RJ Scaringe told Reuters that the cost per vehicle was expected to rise by "a couple of thousand dollars" due to ...
While Rivian manufactures its vehicles in the U.S., some of its parts are subject to tariffs. China's restriction on rare-earth minerals is a blow to the EV industry. Rivian's CEO has previously ...
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