Due to Rivian's decision to bring drivetrain manufacturing in-house, which is breaking a supply agreement, the company is ...
Bosch says Rivian is trying to get out of paying $204 million that it's owed; Rivian says Bosch cost it 30,000 vehicle ...
Rivian is facing a $204 million lawsuit from Bosch after terminating a supply agreement for electric motors. Bosch alleges ...
EV maker Rivian (RIVN) is locked in a new legal battle with the world’s largest auto parts supplier, Bosch. Both sides traded lawsuits against each other as Rivian moves in its own direction. In 2019, ...
Bosch, whose North American headquarters is in Farmington Hills, claims Rivian refused to pay $204 million in reimbursements ...
Rivian faces a $204 million lawsuit from former supplier Bosch, which alleges the electric vehicle maker failed to pay agreed ...
These kinds of disputes happen often in the supply chain, but rarely lead to litigation because neither side is angry enough ...
Tensions are escalating between Rivian and Bosch as both companies have filed lawsuits against each other following Rivian’s ...
IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of ...
The electric automaker Rivian was originally founded as Mainstream Motors in 2009 by CEO RJ Scaringe, an MIT grad who studied engineering and lean manufacturing. Scaringe grew up near Melbourne ...