• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Rivian is trimming staff again

ArenaEV
In today’s fast-moving EV market, timing means everything. Rivian shocked the industry by firing hundreds of workers on Tuesday. What made this even more surprising was the precise execution date – exactly seven days after the company celebrated first customer deliveries of the all-new R2 SUV. This highly unusual sequence of events reveals the intense financial pressure younger manufacturers face… Read more…

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