Outgoing US President Joe Biden approves funding for clean energy ... The funding includes $6.6 billion for electric truck maker Rivian (RIVN) and $1.6 billion for Plug Power (PLUG).
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Shares of Rivian Automotive (NASDAQ: RIVN) slumped today and were trading nearly 7% lower as of 1:30 p.m. ET Tuesday. With Donald Trump taking the oath of office on Monday and revoking as many as 78 ...
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Rivian is taking steps to increase its vehicle lineup and improve its gross margins. The expansion of its Illinois plant and ...
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Rivian CEO shrugs off Trump's rollback of EV incentivesRivian CEO RJ Scaringe told Business Insider that Biden-era EV incentives were a "tailwind" but that the business would be ...
The loan, which comes as President Joe Biden exits the White House, will provide Rivian with the financial backing to build its plant in southern Morgan and Walton counties, roughly an hour east ...
Shares of Rivian and Lucid drop sharply due to concerns ... Trump revoked a 2021 executive order issued by former President Joe Biden, which had aimed for 50% of all new vehicles sold in the ...
Rivian's Gen 2 vehicles are currently equipped ... Trump on Monday revoked a 2021 executive order issued by his predecessor Joe Biden, which aimed to ensure that by 2030, half of all new vehicles ...
RIVN has struggled over the past year, posting significant losses and failing to keep up with industry giants such as Tesla.
The exact amount of the Rivian loan was unclear ... which effectively became a $400 billion-strong green bank during Joe Biden’s presidency — faces new threats from the incoming administration ...
Shares of Rivian Automotive fell by 6.5% Tuesday. President Donald Trump’s repeal of a 2021 executive order by former President Joe Biden has sent EV-related stocks lower. NOW OPEN: 200 Charter ...
is similar to the Solyndra loan of $570 million by former Presidents Barack Obama and Joe Biden, which was not repaid. Also, it should have been reported that Rivian has never made a profit.
Shares of Rivian Automotive (NASDAQ ... and revoking as many as 78 executive orders signed by his predecessor Joe Biden -- including one on electric vehicles (EV)-- investors in Rivian are ...
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