Rivian

The Rivian-Volkswagen joint venture has been finalized — and it's bigger than previously announced.

The cells will be made in Arizona.

Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts estimates — as the EV startup struggled to resolve a component shortage that disrupted production of its recently overhauled flagship R1S and R1T vehicles.

Rivian’s chief software officer Wassym Bensaid opened up at TechCrunch Disrupt 2024 last week about his thoughts on physical buttons (“an anomaly“) and how his company will help power VW offshoot Scout’s EVs. But there’s one other item on his to-do list that he’s “super excited” about: making Rivian’s vehicles work with third-party app developers.

The trend of big touchscreens in cars has left many yearning for the not-so-distant days when most user interactions happened with physical buttons. But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.”

Rivian said on Friday it will build fewer vehicles this year than it did in 2023 due to a supply chain problem that popped up in the third quarter and has now “become more acute in recent weeks.”

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, just three years after promising to make the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that details 41 grantees who will collectively receive just north of $10 million in funding.

Quad-motors are coming early next year.

Yes, EVs catch fire, just like gas cars.

It’s not Rivian’s big pull-out kitchen, but it works anywhere!

Rivian tries subscription fatigue.