Industry experts say price cuts by industry leader Tesla Inc and the availability of cheaper EV models from traditional ...

According to the report, Lucid CEO Peter Rawlinson announced the layoffs, saying that the company ... other brands that are ...

perhaps with players that grabbed less investor attention than Rivian. Arrival, a UK-based commercial EV startup, has gone through multiple restructurings resulting in layoffs. The company ...

First reported by Reuters on Wednesday, Rivian is laying off 6% of its workforce, which is approximately 840 jobs. It’s the California-based EV startup’s second round of layoffs since July.

Rivian Automotive Inc. RIVN, +1.60% plans to initiate another round of layoffs, the latest in the electric-vehicle startup’s efforts to preserve cash as it confronts challenges scaling its business.

This latest round of layoffs will be aimed at cutting operational ... Just like many other EV startups, Rivian is grappling with production ramp-up and declining cash reserves.

Lucid, the EV startup behind the Air sedan that ... and Tesla has carried out a round of layoffs. Other startups have also ...

24/7 Wall St. Rivian, the electric vehicle (EV) maker, has said its best years are ahead of it. Yet, it announced a new set of layoffs, which means management worries that this outlook is not true.

Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the ...

Two rounds of layoffs and an 80% stock slump have Rivian's CEO promising focus. Customers just want their cars.

Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the next three ...