Pain for U.S. electric vehicle makers is only beginning with the recent elimination of the $7,500 federal purchase tax credit. Investors should be wary, says Mizuho Securities.

Alex Knapp is a Forbes senior editor covering healthcare and science. This isn’t the first time Google—or other quantum computing companies—have claimed this type of “quantum supremacy,” but two ...

NORMAL — As Rivian gears up to launch its midsize R2 SUV in Normal, the EV manufacturer is downsizing its company with a new round of layoffs.

Rivian Automotive Inc. agreed to pay $250 million to settle an investor lawsuit, against the electric vehicle maker, saying it’s eager to put the legal wrangling behind it. The Irvine, ...

Electric vehicle startup Rivian announced on Thursday that it has settled a lawsuit with some of its investors. The company continues to deny allegations of making “materially untrue” statements ...

Rivian Automotive Inc. (NASDAQ: RIVN) reportedly will lay off 600 employees. The struggling EV maker’s prospects continue to fade year after year. Are you ahead, or behind on retirement? SmartAsset’s ...

The lawsuit alleges violations of the federal securities laws, specifically the Securities Act of 1933 and the Securities Exchange Act of 1934. The plaintiffs seek damages for financial losses ...

EV automaker Rivian has agreed to pay $250 million to settle a 2022 class-action lawsuit over alleged IPO underpricing fraud. Rivian denied the allegations in the suit and maintains that the ...

Rivian Automotive agreed to pay $250 million to settle a 2022 class-action lawsuit that alleged the company’s initial public offering documents made false statements about how much its electric ...

Rivian Automotive Inc. (NASDAQ: RIVN) has been crippled for years, and the battered electric vehicle (EV) industry has made this worse. The company will lay off 600 people, according to a Wall Street ...

Rivian is a popular and cutting-edge maker of electric vehicles, especially pickup trucks. Consumer Reports, however, ranked them dead last in a list of most reliable automakers. Despite a low ...

Rivian is cutting its workforce by 4.5%, affecting nearly 700 employees out of almost 15,000 total staff The company settled a 2022 securities class action lawsuit for $250 million while denying ...