Welcome to our dedicated page for Rivian Automotive / De news (Ticker: RIVN), a resource for investors and traders seeking the latest updates and insights on Rivian Automotive / De stock.
Rivian Automotive, Inc. (RIVN) drives innovation in electric vehicles and sustainable mobility solutions through its Automotive and Software & Services divisions. This news hub delivers timely updates on corporate developments directly impacting market positioning and technological leadership.
Access official press releases and curated analysis covering quarterly earnings, vehicle production milestones, and strategic partnerships. Track updates on Rivian's dual focus areas: next-generation EV platforms and integrated ownership experiences through proprietary software ecosystems.
Key updates include manufacturing expansions, ADAS technology advancements, and commercial fleet deployments. Content is organized chronologically with clear sourcing to serve due diligence needs for stakeholders across investment and automotive sectors.
Bookmark this page for streamlined access to RIVN's evolving corporate narrative. Combine real-time alerts with historical context to better understand Rivian's role in shaping transportation's electric future.
Rivian Automotive has appointed Frank Klein as its new Chief Operations Officer, effective June 1, 2022. Klein, previously President at Magna Steyr, brings extensive experience from his 27 years at Daimler AG. He will oversee the scaling of vehicle production and enhance operational processes at Rivian, addressing the company's vertical integration efforts. Klein succeeds Rod Copes, who retired last year. His appointment aligns with Rivian's strategy to expand manufacturing, including a new facility in Georgia and increased production at its Normal, Illinois plant.
Rivian Automotive, Inc. (NASDAQ: RIVN) released its fourth quarter and full year 2021 financial results in a letter to shareholders, available on its investor relations website. The company will host an audio webcast today, March 10, at 2:00 p.m. PT / 5:00 p.m. ET to discuss these results and provide a business update. Rivian focuses on creating electric vehicles and accessories aimed at transitioning to carbon-neutral energy and transportation. The webcast can be accessed live or via replay for four weeks.
Rivian CEO RJ Scaringe addressed recent pricing updates, acknowledging that prior increases undermined customer trust. He explained that rising component costs necessitated changes, but the decision to apply these to existing preorders was a mistake. Customers who placed preorders before the March 1 price announcement will have their original prices honored, and those who canceled can reinstate their orders. Rivian aims to introduce lower starting prices with new vehicle configurations while adjusting premium options to reflect costs, emphasizing the importance of customer relationships.
On February 24, 2022, Rivian's founder, Chairman, and CEO RJ Scaringe will engage in a virtual fireside chat with auto analyst Rod Lache at the Wolfe Research Virtual Global Auto Conference. The event is scheduled for 3:00 PM ET and will be accessible via live webcast at this link. Rivian is dedicated to developing electric vehicles and services aimed at achieving carbon neutrality in energy and transportation, directly serving both consumer and commercial markets.
Rivian Automotive, Inc. (NASDAQ: RIVN) will release its fourth quarter and full year 2021 financial results on March 10, 2022, after market close. Following the results, Rivian will hold an audio webcast at 2:00 pm PT / 5:00 pm ET to discuss performance and provide a business update. The live session will be accessible via their website, and a replay will be available for four weeks afterward. Rivian is committed to facilitating the transition to carbon-neutral energy through innovative electric vehicles and services.
Box Equities has announced the acquisition of a Rivian Distribution Center in Normal, Illinois, alongside a FedEx facility in Detroit and a property in Dublin, GA. This brings their total to four acquisitions in Q4. Box's strategy focuses on buying commercial properties in areas with strong labor pools to meet the growing demand for distribution centers. Chairman Haim Dabah expressed enthusiasm for Rivian's growth following its IPO, affirming Box's commitment to supporting their success.
Rivian Automotive, Inc. (NASDAQ: RIVN) has released its third quarter 2021 financial results to shareholders. The detailed report is accessible via their investor relations website. An audio webcast discussing the results and offering a business update is slated for today, December 16, at 1:30 PM PT / 4:30 PM ET. Rivian's mission focuses on creating products that support the transition to carbon-neutral energy and transportation, with a comprehensive suite of electric vehicles and value-added services aimed at enhancing customer relationships.
Rivian (NASDAQ: RIVN) will release its third quarter 2021 financial results on December 16, 2021, after market close. An audio webcast discussing the results and business update will take place at 1:30pm PT / 4:30pm ET on the same day. The webcast link will be available for four weeks on Rivian's Investor Relations website. Rivian focuses on creating electric vehicles to support the transition to carbon-neutral energy and transportation.
Rivian (NASDAQ: RIVN) has selected Amazon Web Services (AWS) as its preferred cloud provider, enhancing their existing partnership. The collaboration focuses on vehicle engineering, connected services, and over-the-air software updates, aimed at improving battery range and customer experience. Rivian's software-defined vehicle (SDV) architecture will utilize AWS's capabilities for enhanced diagnostics and performance. This move supports Rivian's goal of accelerating the shift to electric vehicles and optimizing operational efficiency across its business model.
Rivian Automotive, Inc. priced its upsized initial public offering (IPO) at $78.00 per share for 153 million shares of Class A common stock. The IPO anticipates raising approximately $11.9 billion before underwriting discounts and expenses. Additionally, underwriters have a 30-day option to purchase up to 22.95 million additional shares. Trading on Nasdaq is set to commence on November 10, 2021, with the offering closing on November 15, 2021, subject to customary conditions.
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