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R1S, R1T, R2 and the Adventure Network — Rivian coverage from the factory floor to the trailhead.

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Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare
Michigan

Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare

A Chinese battery giant’s plans to build a massive Michigan manufacturing plant have officially collapsed, with the state now demanding millions back after years of grassroots opposition, Chinese ownership controversies, and Trump administration policy shifts killed what was once touted as Northern Michigan’s largest economic project ever. Gotion Inc. abandoned its $2.4 billion electric vehicle…

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian

Read Rivian CEO’s Memo On 600+ Layoffs: What He Said—And What He Didn’t

Rivian CEO RJ Scaringe sent an internal memo to employees Thursday announcing the company’s third workforce reduction in four months, cutting roughly 600 jobs as the electric vehicle maker struggles with collapsed post-tax-credit demand. The carefully worded message emphasized “structural adjustments” for the upcoming R2 launch while conspicuously avoiding the financial crisis threatening the comp

Rivian, Lucid Poised to Gain as Trump Tax Bill Ends EV Credits
Rivian

Rivian Pays $250 Million to Settle IPO Fraud Lawsuit as Company Cuts 600 Jobs

Rivian has agreed to pay $250 million to settle a 2022 class-action lawsuit that accused the electric vehicle maker of misleading investors about vehicle pricing during its blockbuster 2021 initial public offering, according to a court filing Thursday. The settlement arrives at a critical juncture for the struggling EV startup. On the same day it…

Rivian’s $120M Supplier Park in Illinois Signals EV Production Boom by 2026
Rivian

Rivian Slashes 600 Jobs as Trump’s EV Policy Upends Industry

Rivian Automotive is laying off approximately 600 employees—roughly 4.5% of its workforce—as the electric vehicle maker faces mounting pressure from the September 30 expiration of federal EV tax credits and a broader slowdown in EV demand. The layoffs, first reported by The Wall Street Journal, mark the third workforce reduction in just four months for…

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian

Rivian Spinoff Also Unveils $4,500 Pedal-By-Wire E-Bike and Lands Amazon Delivery Partnership

Rivian‘s micromobility spinoff Also unveiled its first electric bike today alongside a major commercial partnership with Amazon, marking the EV maker’s expansion into urban transportation solutions for trips under 15 miles. Also announced the TM-B electric bike at an event in Oakland on October 22, launching a modular platform that applies Rivian’s software-first approach to…

Tesla

EV Buyers Rush to Secure Deals Ahead of Federal Tax Credit Expiration

Electric vehicle (EV) sales are surging across the U.S. as consumers race to take advantage of the federal government’s $7,500 tax credit before it expires on September 30, 2025. Dealers in EV hot spots like Colorado report unprecedented demand, with steeply discounted lease offers drawing in new and repeat buyers alike, reports the WSJ. Deep…

Tesla Faces Major Lawsuit Over Full Self-Driving Promises—Are EV Buyers Misled?
Tesla

Tesla Stock Rebounds as Investors Spot Signs of Growth and Demand

Tesla stock (TSLA) is regaining momentum after a rocky first half of the year. Following weeks of losses that pushed shares below key technical benchmarks, the electric vehicle leader has tightened up, reclaimed support at major moving averages, and landed back on the Investor’s Business Daily (IBD) Leaderboard alongside fellow “Magnificent Seven” member Nvidia (NVDA).…

Rivian

Rivian CEO Teases R4, R5, and Possible R6 as Affordable EV Roadmap Expands

Rivian CEO RJ Scaringe has hinted at a broader lineup of affordable electric vehicles, including the R4, R5, and potentially an R6, following the launch of the R2 in early 2026 and R3 in 2027. The comments came during his appearance on Daniel Tosh’s Tosh Show podcast, where he also discussed the company’s ongoing production…

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