In July of 2021, we reported that Rivian was in fact on the hunt for a second manufacturing facility in the US to compliment its current plant in Normal, IL. The R1S hasn’t made as many headlines so far in comparison to the pickup version, but it may soon prove to be...
By early 2017, the company had completed its purchase of a former Mitsubishi facility in Normal, Illinois, to become its North American manufacturing hub. As a result, the company received grants and tax abatement from state government for bringing jobs to Southern...
She shows me the two lab cars for the first- and second-gen R1 vehicles, and I get to see the physical differences in wiring and controllers. It took about two and a half years to redesign the vehicle architecture between generations. It's fascinating how many...
If you have test scores for 30 students in a class, calculating the mean score provides a summary of the performance of the class on that test. Measures of spread are often visually represented in tables, pie and bar charts, and histograms to aid in the understanding...
Rivian’s current $6.73 billion cash reserve represents more than half its $10 billion valuation, highlighting a stark market mispricing. Despite a history of dilution to fund R&D and production, the VW partnership could reduce Rivian’s reliance on additional...