Daily Archive: January 3, 2023

The Top 20 NREL Stories Of 2022

Throughout 2022, researchers, staff, and leadership at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) worked together with collaborators and partners to advance renewable energy and energy efficiency technologies. As this busy year at NREL draws to a close, we look back at some of the laboratory’s most impactful accomplishments from 2022 […]

UPDATE 1-Rivian stock less bruised than Tesla as both miss EV targets

Electric vehicle maker Rivian Automotive barely missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian's shares closed down nearly 6% to $17.34, but saw little movement in after-hours trade. Rival Tesla, which also missed its production targets, had a rougher trading day, as its shares plunged more than 12% to $108.10, then limped along after hours.

EV maker Rivian barely misses 2022 production target of 25,000

Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian's shares closed down nearly 6% to $17.34. After cutting its initial 50,000 production forecast in half in mid-2022, Rivian said it produced 24,337 vehicles last year at its Normal, Illinois, plant, and delivered 20,332.