Automaker Hopes To Continue Evolution Of Its Tech Platform. Rivian has announced plans to open an office in London “to ...

Electric vehicle manufacturer Rivian is building a 1.2 million square-foot supplier park in Normal that the company said will create nearly 100 new jobs. The park will allow the company to become ...

Right now, Rivian only has one factory in Normal, where it manufactures its flagship R1T truck alongside the R1S SUV and electric delivery vans. While the plant currently has 150,000 units of capacity ...

With the amended site plan, Rivian can now construct two new buildings that would bring the facility to a approximately 2,175,115 square feet in total. One 45,000-square-foot building would be ...

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 ...

Rivian has also managed to reduce its R&D expense from $461 million in the year-ago quarter to $381 million in the recent quarter. Rivian recently announced $1.25 billion in private bond sale.

Rivian has also secured a $6.6 billion loan from the US Department of Energy to build a second manufacturing plant in Georgia, where the R2 and eventually an even lower-cost R3 will be built.