Bloomberg says Rivian Automotive CEO told staff the company is developing an electric bike
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Harley-Davidson (HOG) on watch on Rivian headlines
February 3, 2023 1:48 PM ESTHarley-Davidson (NYSE: HOG) on watch on headlines Rivian Automotive (NASDAQ: RIVN) is developing an electric bike program.
SI NOTE: It is unclear if this is motorcycle related but if it is that would be competitive with Harley-Davidson's electric motorcycle initiatives.
... MoreRivian Automotive (RIVN) is developing electric bike program CEO tells staff, Blomberg
February 3, 2023 1:46 PM ESTRivian Automotive (NASDAQ: RIVN) is developing electric bike program CEO tells staff, Blomberg
... MoreUS Government Expands EV Tax Credits After Industry Backlash - Bloomberg
February 3, 2023 10:01 AM ESTUS Government Expands EV Tax Credits After Industry Backlash - Bloomberg
... MoreRivian (RIVN) to cut jobs by 6% amidst price war
February 1, 2023 11:56 AM ESTReuters reports in an exclusive story Wednesday that Rivian Automotive (NASDAQ: RIVN) is laying off 6% of its workforce in an effort to cut costs. The American EV maker, already grappling with falling cash reserves and a weak economy, is now bracing for what may be an industry-wide price war.
The falling EV prices were kicked off by cuts made recently by Elon Musk-led Tesla and Ford... More
EV maker Rivian to cut 6% of jobs amid price war -internal memo
February 1, 2023 11:33 AM ESTBy Abhirup Roy and Akash Sriram
SAN FRANCISCO (Reuters) - Rivian Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with falling cash reserves and a weak economy, braces for an industry-wide price war.
The company is focusing resources on ramping up vehicle production and reaching profitability, Chief Executive R.J. Scaringe said in an email to employees on Wednesday announcing the job cuts. Reuters obtained a copy of the email.
Layoffs at Rivian come amid falling EV prices kicked off by cuts made recently by... More
Rivian Automotive (RIVN) cutting workforce by 6% - Reuters
February 1, 2023 11:30 AM ESTRivian Automotive (NASDAQ: RIVN) cutting workforce by 6% - Reuters
... More