Rivian applies for federal loan to restart Georgia EV factory construction [Yahoo! Finance Canada]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance Canada
The EV maker had paused construction of its planned $5 billion factory in Georgia to prioritize speeding up production of vehicles on the R2 midsize platform and conserving cash. The facility is scheduled to begin partial operations in the third quarter of 2027, with the first production capacity block reaching full operation in 2028, the filing said. Earlier in the day, the Amazon-backed EV firm lowered its annual production forecast and missed third-quarter deliveries expectations due to a parts shortage and a slowdown in EV demand. Rivian did not immediately respond to a request for comment. (Reporting by Akash Sriram in Bengaluru; Editing by Alan Barona)
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RIVN
News
- Rivian applies for federal loan to restart Georgia EV factory construction [Yahoo! Finance Canada]Yahoo! Finance Canada
- Rivian applies for federal loan to restart Georgia EV factory construction [Yahoo! Finance]Yahoo! Finance
- Rivian Seeking Federal Loan to Restart Georgia EV Plant Project [BNN Bloomberg (Canada)]BNN Bloomberg
- Rivian Seeking Federal Loan to Restart Georgia EV Plant Project [Yahoo! Finance]Yahoo! Finance
- Rivian cuts production forecast, citing supply chain issue; its stock dips [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 8/6/24 - Miss
RIVN
Sec Filings
- 10/4/24 - Form 8-K
- 9/25/24 - Form 4
- 9/23/24 - Form 144
- RIVN's page on the SEC website