( 25News Now) - Rivian is agreeing to pay $250 million to settle a class action lawsuit in which shareholders claim the ...
Rivian no longer shares the number of employees who work for the company, including at its factory in Normal. Company-wide, ...
Rivian CEO RJ Scaringe made no indication of layoffs during his chat with BI but said that the company was approaching its ...
Rivian has agreed to a $250 million settlement over a class action lawsuit, following a controversial price hike on its R1 vehicles in 2022.
The settlement agreement will enable Rivian to “focus its resources” on the launch of its upcoming R2 vehicle, the company ...
The three-year-old lawsuit centered on Rivian's sudden decision to increase prices on the R1 lineup in 2022, which sank the ...
The layoffs are part of a consolidation of various operations into Rivian's service, sales and marketing units, Scaringe said ...
We're looking at the end of trade negotiations between the U.S. and Canada, as well as a fire at a Ford aluminum supplier.
Rivian Automotive is facing layoffs and declining demand after the expiration of key U.S. tax credits for electric vehicles.
Rivian Automotive agreed to pay $250 million to settle a 2022 class-action lawsuit that alleged the company’s initial public ...
Rivian Automotive is laying off 4.5% of its workforce, or over 600 employees, an internal email showed on Thursday, as the ...
The $7,500 federal tax credit for new electric vehicle purchases expired last month, pushing up consumer costs and ...
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