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Rivian will resume prep work on its planned Georgia factory in August and is still looking to break ground early next year, according to emails TechCrunch obtained through a public records request. The restarted effort comes months after the Biden administration’s Department of Energy approved a $6.6 billion loan meant to fund construction. Rivian has … Read more
For 18 months, Rivian and Google engineers worked together. Today, they’re showing off their work. Rivian is pushing out a software update that will bring a unique version of Google Maps into its EVs. It’s the latest step in Rivian’s continued effort to distinguish its vehicles with software — an effort that has helped it … Read more
Rivian founder and CEO RJ Scaringe has transferred a portion of his ownership stake and voting power as part of a newly-settled divorce proceeding, according to a regulatory filing. Scaringe moved about 4 million in shares and 6 million in options to his ex-wife, Meagan Scaringe, on July 9 as part of the settlement, the … Read more
Also Inc., the micromobility startup spun out of Rivian earlier this year, has raised $200 million from Greenoaks Capital, according to a new report from Bloomberg News. The funding round brings Also’s post-money valuation to $1 billion. The startup raised $105 million from Eclipse Ventures earlier this year when it was cleaved from Rivian. Also … Read more
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! This week I’m publishing an abbreviated version of the newsletter because of the 4th of July holiday. If you’re driving, flying, or taking the train for the … Read more
Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the EV startup’s coffers in the form of a share sale. Rivian also announced Wednesday that it delivered 10,661 vehicles in the second quarter. That represents a 23% drop in sales from the second quarter of … Read more
Rivian has laid off around 140 employees, or roughly 1% of its workforce, as it prepares for the launch of its more affordable R2 SUV in 2026, TechCrunch has learned. The cuts were mostly made to Rivian’s manufacturing team and have been ongoing since Wednesday, according to multiple former employees who were granted anonymity to … Read more
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! I’ve spent a decade covering Tesla and CEO Elon Musk, so it would be natural for me to weigh in here about the billionaire’s public fallout with … Read more
U.S. automaker Rivian warned on Tuesday deliveries of its electric vehicles would decline by at least a tenth this year, blaming the president’s global trade war for cutting its guidance. The Tesla rival now only expects to ship 40,000 to 46,000 EVs this year instead of the 46,000-51,000 it predicted in late February, before the … Read more
Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs … Read more
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