Picariello expects ASP monetisation to help Rivian fatten its gross profit margin moving forward. This winning strategy also positions ... facility in Georgia. This funding is a strategic ...

Portless, an e-commerce fulfillment and logistics startup, raised $18 million in a funding round led by Commerce Ventures, ...

These tailwinds are not showing up in the numbers today. Rivian expects to deliver 40,000 to 46,000 vehicles this year, ...

First, the money from VW will give Rivian funding to build its upcoming R2 ... profitability and isn't afraid to change its short-term strategies (vehicle production) to achieve long-term ...

ATLANTA — Electric vehicle manufacturer Rivian was approved for a $6.57 billion ... “Our Georgia plant remains an extremely important part of our strategy to scale production of R2 and R3 ...

In revealing Also's launch, Rivian has also hinted at the fragmented and inefficient business strategies of current ... secured some $105 million in funding from venture capital fund Eclipse ...

Therefore, Rivian's reliance on external funding, especially from Volkswagen ... I believe EV credits are the heart of Rivian's go-to market strategy (consumers tolerating higher selling prices).

The new “micromobility” company, known as Also, is launching with $105 million in funding from Rivian and venture ... by 2035 Honda pulls back on EV strategy for now and will push hybrid ...

The Trump administration’s fight against electric vehicles includes everything from trying to get rid of the EV tax credit to freezing funding ... EV company Rivian says its strategy hasn ...

Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive RIVN.O with $105 million in Series B funding from venture capital firm Eclipse and ...