Uber has agreed to invest up to $1.2 billion in electric vehicle maker Rivian and plans to purchase up to 50,000 of Rivian's R2 electric vehicles. This deal highlights Uber's push into electric and autonomous vehicle technology, positioning Rivian as a potential key player in the emerging robotaxi market. The investment and vehicle purchase could accelerate Rivian's growth and innovation in electric mobility solutions, signaling a strategic partnership that may reshape urban transportation.
Rivian's stock rose 4% following a UBS upgrade that highlights the potential of its lower-priced R2 SUV to improve automotive gross margins and drive profitability. The company reported a 38.3% revenue increase in Q3 2026 and raised its full-year del...
Automakers like Ford, Rivian, and General Motors are increasingly using 3D printing beyond prototyping to produce factory tools and select vehicle parts. This additive manufacturing technology helps reduce costs, speeds up development and repair cycl...
Rivian's Q3 2026 results beat expectations with a 38% revenue increase and a smaller loss per share, driven by strong sales of its cheaper R2 SUV. The company raised its 2026 delivery guidance and improved its adjusted EBITDA loss outlook, signaling ...
Rivian is licensing its AI voice assistant technology to Volkswagen Group as part of their $5.8 billion joint venture. The AI assistant, already available in Rivian vehicles, may debut in Volkswagen's affordable electric hatchback, the ID EVERY1. Thi...
Rivian exceeded Wall Street's Q3 earnings expectations by reporting a smaller loss per share and higher revenue, driven by increased production and sales of its new R2 entry-level SUV. The company revised its 2026 guidance upward, forecasting better ...
