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Founder and CEO RJ Scaringe has a knack for raising money. So far, his three startups have raised more than $12.3 billion.

Uber is publicly trashing its robotaxi partner Waymo while simultaneously investing more than $10 billion to build its own autonomous vehicle fleet with Rivian, Lucid, and Nuro.
The ride-hailing giant’s executives have spent the last few months taki…
Mind Robotics, which was first revealed in late 2025, has now raised more than $1 billion to date.

Rivian is rolling out its new AI-powered voice assistant to all Gen 1 and Gen 2 R1 owners as part of its latest over-the-air software update. The feature, activated by saying “Hey Rivian” or holding the left steering wheel button, requires an active Co…

Rivian CEO RJ Scaringe confirmed that the company is developing undisclosed variants of the R2, hinting at both a pickup truck and an “R2X” performance model just days after starting volume production of the more affordable electric SUV.
The comment…

Rivian is considering manufacturing its own lidar sensors in the United States, potentially through a partnership with Chinese firms, as the EV maker aggressively vertically integrates its entire autonomous driving stack.
The move would add in-house…
VW Group’s stake will continue to grow under the $5.8 billion joint venture with Rivian.

Volkswagen now owns 209.8 million shares of Rivian (RIVN), representing a 15.9% stake in the EV startup, according to a new SEC filing. The German automaker has overtaken Amazon as Rivian’s single largest shareholder for the first time since the compan…
Rivian says the R2 costs over 50% less to build than its R1 vehicles, a major step toward cheaper EVs if buyers see the benefit.