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The electric automaker Rivian said Thursday that it signed a new partnership with Uber that would put up to 50,000 Rivian robotaxis on the streets over the next several years. In exchange, Uber will invest up to $1.25 billion in Rivian, which makes its EVs in Normal.
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The first Rivian R2s will be delivered to customers this spring, beginning with a special “launch” version that starts at $57,990. A base model of R2 starting around $45,000 will not be available until late 2027.
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A startup robotics company owned by Rivian and founded by Rivian CEO RJ Scaringe has secured $500 million in startup capital. Mind Robotics announced an investment by Accel and Andreessen Horowitz. The firm wants to build AI-powered industrial robots.
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A new certificate of both hands-on training and technical coursework teaches students to diagnose, repair and maintain medium and heavy-duty hybrid diesel vehicles and equipment. Students will also study electric propulsion systems.
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Electric automaker Rivian has unveiled new technology it says will put it at the forefront of autonomous vehicles.
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Huge compensation agreements for the CEOs of Rivian and Tesla may not be excessive even though they range from several billion to a trillion dollars, according to an expert from ISU's College of Business.
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The board of electric automaker Rivian has restructured the pay package for Chief Executive Officer RJ Scaringe that could net him $4.6 billion over the next decade.
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Trump administration trade and regulatory policy initially hurt Rivian. Changes in the administration stance may now help some.
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Fourteen new electric-vehicle charging stations are coming to gas stations and a restaurant in McLean County, as part of a second round of federal grants aimed at bolstering EV charging capacity along interstate corridors.
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The implementation of climate and environmental policy may become more challenging during the Trump administration, but the fight is far from over, according to one national environmental advocate.