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Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs

Rivian on Thursday reconfirmed its 2024 guidance that included production of 57,000 vehicles and a path to positive gross profit during the fourth quarter,...

CNBC Daily Open: Amazon enters $2 trillion club

Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024.Spencer Platt | Getty ImagesThis report is from...

Rivian Gets $5 Billion Lifeline in Joint Venture With Volkswagen

(Bloomberg) -- Rivian Automotive Inc. will get a much-needed cash injection from a new partnership with Volkswagen AG as automakers large and small rethink...

Rivian shares soar 30% after Volkswagen takes $1 billion stake

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.Joel Angel Juarez | ReutersVolkswagen is...

GM has a secret to help sell its new EVs. It’s Costco.

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty Images"We have a great partnership with...

GM has a secret to help sell its new EVs. It’s Costco.

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a...

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