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Rivian Automotive Inc. plans to cut one of three shifts at its plant in Normal, almost two weeks after the company announced plans to lay off 10% its total salaried workforce.
The investment is part of the $5.8 billion joint venture agreement announced in June 2024 to allow the two companies to share technology.
Rivian intentionally limited production at its plant in Illinois to retool it for 2026 model year vehicles, but said it's still on track to deliver up to 46,000 vehicles in 2025.
Rivian capped off a sluggish sales quarter with a fat check from its new partner.
Rivian Automotive released Q2 2025 production and delivery results, reaffirming full-year guidance, posting consecutive gross ...
Rivian stock has trended upward recently despite facing challenges. Here is a look at where the stock could be in a year.
From GMC to Tesla, these are the electric pickups you can drive off the lot today​ and how they stack up in power, range, and ...
Shares of Rivian Automotive (NASDAQ:RIVN) were mostly flat over the past five trading sessions, sliding by 0.29%, bringing ...
Alphabet Inc.’s Google has agreed to purchase 200 megawatts of power from Commonwealth Fusion System’s planned first ...
Rivian is laying off more than 100 salaried workers at its plant in downstate Normal as the company gears up to build a new vehicle next year. The electric vehicle maker says the layoffs involve “a ...
As JB Pritzker launches his 2026 campaign, Illinois shows fiscal progress — but long-term challenges on jobs, growth and ...