Rivian News

Rivian’s Q3 2024 earnings call offered new insights into its operational adjustments and strategic initiatives as it works toward profitability and scaling production. CFO Claire McDonough and CEO RJ Scaringe addressed supply chain issues, financial goals, and partnerships, adding context to the company’s ongoing progress. Boosting Production with Tri-Motor and Van Variants To mitigate the effects of component shortages in the Enduro motor system, Rivian is ramping up production of its Tri-Motor R1 and commercial van models in Q4. These…

Rivian’s Q3 2024 earnings report underscores a period of pivotal developments for the company as it continues its journey toward operational efficiency and financial sustainability. Facing a mixture of production hurdles and strategic advancements, Rivian’s results reveal a focus on technological partnerships, streamlined operations, and future-ready EV platforms. tl;dr Production and Delivery Highlights In the third quarter of 2024, Rivian produced 13,157 vehicles and delivered 10,018. These numbers were affected by a critical shortage in a shared component of its…

In a recent statement, Rivian’s Head of Software Wassym Bensaid clarified that the company is not looking to follow in Tesla’s footsteps regarding automation and autonomy. Instead, Rivian aims to carve its own path, focusing on a balanced approach to software and user experience rather than racing toward full self-driving capabilities. A Pragmatic View on Automation Rivian’s software lead highlighted that Rivian’s development prioritizes enhancing driver experience and supporting active lifestyles rather than pursuing full autonomy. This is in contrast…

Rivian has just launched a new tool on its website to help drivers plan road trips with their electric vehicles. This tool makes it easy to see what a trip might look like in a Rivian R1T or R1S, helping users understand charging needs and stops along the way. How the Tool Works The tool lets you choose between the R1T or the R1S, then select a battery size: Dual Standard, Dual Large, Dual Max, or Tri Max. Once you…

Join me for a tour of the new Rivian Boston Space! Take a look inside Rivian’s latest location, designed to give EV enthusiasts a firsthand experience with the R1 lineup right here in Downtown Boston. Don’t forget to like, comment, and subscribe for more Rivian news and updates!