RJ Scaringe

The new R2 — Rivian’s first mass-market vehicle — was the focal point of Thursday’s first-quarter earnings call. R2 production began last week in Normal. They’ll reach customers later this spring.

Two years after announcing a new model would be built first in Normal, the first Rivian R2s built for real customers rolled off the production line on Wednesday.

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.

Electric automaker Rivian has unveiled new technology it says will put it at the forefront of autonomous vehicles.

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.

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.

Trump administration trade and regulatory policy initially hurt Rivian. Changes in the administration stance may now help some.

The head of electric vehicle maker Rivian says the future is not just EVs, it’s artificial intelligence and autonomous vehicles. And it’s coming sooner than you might think.

The electric automaker Rivian confirmed Thursday it’s cutting hundreds of positions – about 4.5% of its companywide workforce. That would be about 600 jobs. It's unclear how many of those jobs are in Normal; a Rivian spokesperson said no manufacturing operations employees are impacted.

The stakes are high for Rivian in Georgia. The plant will make new lower-cost models, called R2 and R3, that will be key to Rivian’s long-term ability to turn a profit. And it’s being built at a time of increased hostility toward EVs from the Trump administration.