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One’s burning cash, one’s moving out, and another’s laying off. Four high-profile EV makers are having a rough quarter.
(The Center Square) – Rivian production lines have reduced production due to supply shortages, but there have not been any layoffs ahead of the November election. According to Rivian employees ...
Electric truck maker Rivian was once seen as a rising star in the EV space. But now the company says it will lay off 10% of its employees, and its production targets for this year are coming in ...
Rivian said full-year deliveries will decline more sharply than it anticipated just a month ago over the risk that President Donald Trump’s trade war will further dampen demand.
Electric truck maker Rivian was once seen as a rising star in the EV space. But now the company says it will lay off 10% of its employees, and its production targets for this year are coming in ...
According to Reuters, Volkswagen will soon lay off tens of thousands of workers and shut down three factories. While Volkswagen is struggling overseas, Rivian can help. EV sales are increasing ...