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Rivian’s chief financial officer Claire McDonough is resigning her position at the end of October, the company announced in a regulatory filing Thursday. The company said McDonough is stepping down to “pursue a new opportunity and relocate to the East Coast to be closer to her family.” McDonough has been hired as CFO at Massachusetts-based…
The U.S. Department of Justice has charged two Volkswagen engineers with securities fraud for an alleged insider-trading scheme connected to the German automaker’s joint venture with Rivian. The indictment, unsealed Friday by the U.S. District Attorney for the Southern District of New York, alleges that Michael Stamp and Marcus Plank made more than $300,000 by…
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am back from vacation. What did I miss? Turns out, quite a lot — including…
Rivian has been sued over allegations that the EV maker made false claims about the autonomous driving capabilities of its R1T truck and R1S SUV models. The class-action complaint, which was filed Wednesday in the U.S. District Court for the Central District of California, focuses on the first-generation models of the R1T and R1S and…
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! If you’re into EVs or sports cars, then you surely saw the kerfuffle over Ferrari’s first all-electric…
Rivian has finally revealed that the first customers of the company’s new R2 SUV will get their vehicles on June 9. The automaker has spent the last few months ramping up its efforts to release the R2, which is more affordable and aimed at a larger market than its current R1 lineup. The new SUV…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! There is a bit of a theme emerging in transportation — and really every industry: AI is creating jobs for some…
Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur best known for his EV company Rivian has raised more than $12.3 billion from venture capital firms, as well as from strategic and institutional investors for his three — and counting — startups. If the…
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! A few weeks ago, I wrote about how Uber seemed to be everywhere, all at once in…
Winter testing has been completed for the VW ID.EVERY1, the first vehicle under a joint venture between Rivian and Volkswagen Group to be equipped with the EV maker’s software and electrical architecture. That’s not just progress toward getting this vehicle into customers’ hands; it also unlocks another $1 billion investment from Volkswagen Group into Rivian….