Rivian plans $5bln facility in Georgia, reports $1.2bln Q4 loss, delivers first electric SUVs

Rivian went public a few months ago and one of the key elements of being a public company is you have to report everything and anything to the shareholders. That’s how we know that Rivian has finally delivered its first electric SUVs (after the trucks), while committing to a $5bln investment in the new production … More Rivian plans $5bln facility in Georgia, reports $1.2bln Q4 loss, delivers first electric SUVs

Rivian and Amazon team up for cloud computing services

Much like McDonald’s famously makes more money renting out properties to franchisee than selling burgers, Amazon makes a lot more than from AWS – Amazon Web Services – than it does from delivering stuff. Rivian – the former EV start-up turned public car company ($RIVN) – chose Amazon ($AMZN) Web Services for things cloud analytics … More Rivian and Amazon team up for cloud computing services