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Rivian Gets $1B Volkswagen Loan, No Payments Until 2028

Rivian closed its $1 billion loan from Volkswagen today at a 6.03% rate fixed for 10 years, with no payment due until October 2028. The loan is backed only by… · Company News
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Rivian Sued Over Driver+ Hands-Free Driving Claims on Gen 1 R1T and R1S

A class action lawsuit filed in California accuses Rivian of misrepresenting the autonomous driving capabilities of the first-generation R1T and R1S, claiming the company promised Level 3 hands-free driving the Gen 1 vehicles will never deliver. Here is what the complaint alleges, plus why this one hits differently with R2 and Autonomy+ on the horizon.

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Rivian Point-to-Point This Year, Eyes Off Next, Says RJ Scaringe

RJ Scaringe went on Masters of Scale and put fresh dates on Rivian’s autonomy rollout, with supervised Point-to-Point arriving this year and eyes off driving next year. Here is what he confirmed on the VW deal, Uber robotaxis, and Mind Robotics, plus where I land on whether the timeline actually holds.