Also has big plans beyond the TM-B. The startup mostly refers to itself as a “vehicle” company, and has plans to make four-wheel pedal-assist cargo vehicles for Amazon.
Rivian reported its second-quarter 2026 earnings today, and there are improvements across the board. It’s a car. The company started delivering the R2, its first vehicle priced under $50,000, to customers on June 9.
The financials came in strong too. R…
Out of Spec Reviews put a Rivian R2 Performance and a Tesla Model Y Performance on the same roads on the same afternoon. The R2 used 18% to 26% more energy at every single speed they tested.
That’s awkward, because the two SUVs carry identical EPA effi…
The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.
The carmaker has said it’s owed a refund in the “tens of millions of dollars.”
California Governor Gavin Newsom signed SB 168 today, creating a new “MyFirstEV” program that gives first-time electric vehicle buyers a $3,500 instant rebate at the dealership starting later this summer.
The point-of-sale discount is backed by $135.5 …
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A private seller in Littleton, Colorado has listed a brand-new 2027 Rivian R2 Performance on Cars.com for $79,900 — roughly $20,000 over what Rivian charges for the same vehicle.
The listing went up July 1, just weeks after Rivian started delivering th…
Rivian has commenced an underwritten public offering of 75 million shares of common stock, a raise worth roughly $1.5 billion based on the stock’s recent price.
The capital raise lands just days after Rivian’s stock rallied on stronger-than-expected Q2…
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.