rivian automotive inc.

Volkswagen and Rivian said Tuesday they will create a joint venture together, with the electric vehicle startup expected to receive up to $5 billion from the German automaker.

Electric vehicle maker Rivian unveiled its newly redesigned second-generation R1S SUV and R1T pickup truck. The all-electric R1S and R1T were fully redesigned by the automaker.

Rivian’s electric vehicle lineup is getting bigger – including a product line that hadn’t been expected. It said it will make an R3 and R3X, two 'surprise' vehicles in addition to the R2 it also announced.

Rivian CEO RJ Scaringe said the company made "great progress" in 2023 even with economic headwinds. The automaker said it remains focused on cost efficiency.

An X post Tesla CEO Elon Musk made on the social-media platform X last week has been called “Antisemitic" and has company shareholders calling him ‘dangerous’ or going to Rivian.

Elon Musk tried to enter the Indian market in 2021 but pushed for a decrease in import taxes on electric vehicles, which the government initially resisted but now looks to implement.

Tesla announced that its first electric Cybertruck was produced at its Gigafactory manufacturing hub in Austin, Texas, after years of delays in the electric truck's production.

Amazon is now making deliveries in over 100 U.S. cities using its Rivian electric delivery vans and has more than 1,000 in its fleet of vehicles.

The balance of power is till being decided early Wednesday however there were major victories by Ron DeSantis, John Fetterman and J.D. Vance.

The electric vehicle manufacturer Rivian has announced a massive recall of 13,000 of its vehicles due to a safety problem.