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January 19, 2022

RIVIAN

Ford records $8.2 bln fourth-quarter gain from Rivian investment

Reuters
The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 18 (Reuters) – Ford Motor Co (F.N) said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment......

Rivian shares tumble as legacy automakers rev up EV targets

Reuters
A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Jan 6 (Reuters) – Shares of Rivian......

Rivian shares continue to dive following Amazon-Stellantis deal

CNBC
CNBC – For more and to sign up click here R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Shares of Rivian were down another......

Rivian stock plunges after news of Amazon-Stellantis deal

CNBC
CNBC – For more and to sign up click here Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide its in-car dashboard software and cloud services. Amazon will also be the first commercial customer of Stellantis’ Ram ProMaster battery-electric vehicle, slated for 2023. The collaboration......

GM to chase Ford, Rivian with a $105,000 electric Silverado pickup

Reuters
DETROIT, Jan 5 (Reuters) – General Motors Co’s (GM.N) $35 billion electric vehicle strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup with a six-figure price tag, more than a year after rivals Ford Motor Co (F.N) and Rivian Automotive.......

From the F-150 Lightning to Rivian, here are the 11 hottest electric vehicles coming out in 2022

CNBC
CNBC – For more and to sign up click here Tesla is still the world’s most dominant electric vehicle force, but competition is coming. The world’s most valuable car company, with a market value north of $930 billion, outpaced all other automakers in electric vehicle sales through the first three......

Rivian delays deliveries of pickup, SUV with big battery packs to 2023

Reuters
The company logo is seen on a Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, as it is parked outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to......

Shares of EV start-up Rivian hit new low following production snags and third-quarter results

CNBC
CNBC – For more and to sign up click here A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Shares of Rivian Automotive, an electric vehicle start-up that went public......

Rivian warns supply issues to hit production, shares drop to record low

Reuters
A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Dec 17 (Reuters) – Rivian Automotive......

Stocks making the biggest moves after hours: FedEx, Rivian, U.S. Steel and more

CNBC
CNBC – For more and to sign up click here Rivian employees stand beside the new all-electric pickup truck by Rivian, the R1T, as it sits at one of its facilities on November 09, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Check out......

Rivian confirms new $5 billion U.S. plant as EV reservations jump 28% to 71,000

CNBC
CNBC – For more and to sign up click here RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian Rivian Automotive confirmed plans Thursday to build a new vehicle assembly plant in Georgia, as the company begins production of a second electric vehicle......

Rivian to announce $5 billion electric truck plant in Georgia

Detriot News
Detroit News – For more and to sign up click here Atlanta — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told the Associated Press. Rivian,......

What investors can learn from all the Tesla and Rivian buying and selling

CNBC
CNBC – For more and to sign up click here Rivian shares have been under pressure, but at a market capitalization of over $100 billion, bigger than GM and Ford, it would be hard to say the electric vehicle upstart isn’t a major success. The buying and selling action in......

Ford and Rivian cancel plans to jointly develop an electric vehicle

CNBC
CNBC – For more and to sign up click here RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor and Rivian no longer plan to co-develop an electric vehicle, the companies......

Rivian and Lucid shares continue to fall as investors take profits

CNBC
CNBC – For more and to sign up click here Shares of Rivian and Lucid Motors continued to fall Thursday as investors take profits and pull back from some of the EV hype driven by Rivian’s monster market debut. Rivian dropped more than 16% and Lucid was down about 15%......

Cramer’s advice on Lucid and Rivian: Heed lessons from the dot-com bubble and take profits

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Wednesday urged investors in high-flying electric vehicle stocks to remain disciplined, leaning on the history of the dot-com bubble to inform his latest market advice. “I can’t blame anyone who wants to find the next Tesla......

Stocks making the biggest moves midday: Target, Rivian, Lucid, TJX, Visa and more

CNBC
CNBC – For more and to sign up click here A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target — The retail giant saw shares......

Rivian shares slump in premarket trading, bucking post-IPO rally

CNBC
CNBC – For more and to sign up click here Rivian signage at the Nasdaq on their IPO day, November 10, 2011 in New York. Source: Rivian Shares of electric vehicle maker Rivian ended a week-long rally Wednesday, as investors pulled back from a monster run as speculation in the......

Rivian shares soar again in post-IPO rally

CNBC
CNBC – For more and to sign up click here Rivian employees stand beside the new all-electric pickup truck by Rivian, the R1T, as it sits at one of its facilities on November 09, 2021 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Rivian shares......

London mechanic converts classic cars into electric vehicles

CBS News
CBS News – For more and to sign up click here While some drivers are ready to go electric, they still want to hang on to their classic cars.  Matthew Quitter is working to change that. He converts classic cars into electric rides at his London-based garage, with customers from......

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