Every EVXL story tagged “R1S” — newest first.
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 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…
Carmakers in the UK have initiated substantial price cuts on electric vehicles to leverage a surge in consumer interest, even as confusion persists over a newly announced government grant program that has yet to fully launch. This move highlights growing frustration among manufacturers with bureaucratic hurdles, prompting them to offer discounts matching or approaching the…
Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but highlights Rivian’s focus on growth through affordable electric vehicles. The headquarters will open in late…
Rivian Automotive shares fell sharply on Monday following a downgrade from Guggenheim, as analysts cited mounting challenges from recent policy changes under President Trump that scrap key incentives for electric vehicle buyers. This development raises questions about affordability for EV enthusiasts eyeing Rivian’s lineup, potentially slowing adoption in a competitive market. According to a Barro
Rivian’s iconic Tank Turn, a feature that lets its electric vehicles spin 360 degrees in place, is back after a six-year hiatus, debuting on the second-generation R1S SUV and R1T pickup. A teaser video posted by Rivian shows the Quad-Motor R1S executing a sharp 90-degree turn, hinting at the feature’s return on July 8, 2025.…
President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes the landscape for EV owners, automakers, and enthusiasts, balancing new opportunities with significant challenges
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax bill, which eliminates the $7,500 EV tax credit after September 30, 2025. Bloomberg reports that…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
