Shares of Rivian Automotive fell by 6.5% Tuesday. President Donald Trump's repeal of a 2021 executive order by former President Joe Biden has sent EV-related stocks lower.
Outgoing US President Joe Biden approves funding for clean energy projects just days ahead of President-elect Donald Trump's return to the White House. The funding includes $6.6 billion for electric truck maker Rivian (RIVN) and $1.
Shares of Rivian and Lucid are trading lower Tuesday as the EV sector reacts to major policy changes from President Donald Trump.
The U.S. Department of Energy gave final approval Thursday to electric vehicle maker Rivian for a $6.6 billion loan to support its stalled Georgia factory, a huge infusion of cash intended to ensure the plant gets built.
The Biden administration finalized billions of dollars in financing for electric-vehicle maker Irvine-based Rivian Automotive and hydrogen company ... became a $400 billion green bank during Joe Biden’s presidency — faces new threats from Trump ...
Shares of Rivian Automotive (NASDAQ: RIVN) slumped today and were trading nearly 7% lower as of 1:30 p.m. ET Tuesday. With Donald Trump taking the oath of office on Monday and revoking as many as 78 executive orders signed by his predecessor Joe Biden -- including one on electric vehicles (EV) -- investors in Rivian are feeling jittery.
Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its "eyes-off" systems in 2026, CEO RJ Scaringe said on Thursday.
Automakers have been competing to introduce more autonomous driving features such as lane-keep assist and adaptive cruise control into their vehicles.
Rivian CEO RJ Scaringe told Business Insider that Biden-era EV incentives were a "tailwind" but that the business would be fine without them.
After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.
Rivian announced it ill go hands-free in 2025 and “eyes-off” in 2026. Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its “eyes-off” systems in 2026, CEO R.J. Scaringe said on Thursday.
WASHINGTON — The Biden administration has distributed at least $27.6 billion of dollars in financing to clean-energy companies in its final days before President-elect Donald Trump takes office.