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Rivian shares fall
Rivian Slashes 2024 EV Production Forecast Amid Parts Shortage and Lower Demand
EV production forecast due to parts shortage and lower demand. Company now expects to produce 47,000–49,000 units, down from 57,000 target.
Rivian lowers annual production forecast due to parts shortage, shares drop
Rivian slashed its full-year production forecast on Friday and missed third-quarter deliveries expectations due to a parts shortage and slowing growth in electric-vehicle demand, sending shares of the startup down nearly 9%.
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Shares of Rivian Automotive dropped more than 6% in midday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024.
Rivian, Georgia
Rivian Seeking Federal Loan to Restart Georgia EV Plant Project
Rivian Automotive Inc. has applied for a federal loan to fund construction of a new electric vehicle plant in Georgia, a project that had stalled after a cash crunch and change in strategy.
Rivian applies for federal loan to restart Georgia EV factory construction
Rivian Automotive has applied for a federal loan to enable the construction of its electric vehicle factory in Georgia, according to a filing by the Department of Energy.
Rivian seeking federal loan to restart construction of $5B Georgia plant
Rivian has applied for a federal loan to help finance the $5 billion EV factory it plans to build an hour east of Atlanta.
1d
on MSN
Rivian now says it will make fewer electric vehicles this year than it did in 2023
Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news ...
9h
on MSN
Should You Buy Rivian While It's Below $12?
Right now, Rivian's sales base is around $5 billion. That's roughly where Tesla's sales base was in early 2017, just before ...
11h
This Rivian R1T Floated 150 Feet During Hurricane Helene And Still Runs Fine
The R1T EV's owner expected he would need to call his insurance company to report the truck as a total loss, but it works ...
1d
on MSN
Cramer's Mad Dash: Rivian
CNBC’s Jim Cramer delivers his daily Mad Dash. 35 foods that you might not know are banned in the US Stevie Nicks is ...
1d
Why Rivian Stock Plunged Friday
Rivian shares plunged as much as 8% when the company notified investors of a part supply shortage issue. The stock remained ...
Investor's Business Daily on MSN
1d
Rivian Deliveries In Q3 Miss Views; 2024 Production Target Cut For This Reason
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Hurricane Helene
China
Electric vehicle
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