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MENLO PARK, Calif., April 30, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its fiscal first quarter 2025 financial results for the period ended March 31 ...
Secured its 22nd U.S. patent for AI-powered autonomous vehicle technologies. Cyngn received approximately $308k of new bookings for DriveMod vehicles from direct sales during Q1 2025. Cyngn ...
On the call, Scaringe stated that Rivian had begun putting together "validation builds" of its competitor to the Tesla Model Y and that the assembly line for these prototypes was utilizing "mostly ...
Rivian said on Monday it would invest $120 million to build a supplier park near its plant in Illinois, as the electric vehicle-maker gears up to produce its smaller, more affordable R2 SUVs next ...
Cyngn's DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high ...
The company says the lab helps it make improvements for workers at its assembly line stations as well as cut costs. The reporter moved the rear door of the Jeep Wrangler and looked for the pins to ...
The reason for that is that Rivian expects to shut down its production line later in the year so it can make profit-enhancing improvements as it prepares to launch a new version of its trucks.
Also Read: Li Auto's Next EVs To Feature Cleaner Cabin Materials The supplier park will bring several of Rivian's key partners closer to the assembly line producing the R1 and upcoming R2 models ...
A subset of Rivian’s suppliers will complete light assembly and manufacturing at the new 1.2 million-square-foot site. Then, to accelerate output, the parts will be moved to Rivian’s main ...
Cyngn's DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high ...
In 2024, Rivian built about 50,000 cars at that Illinois plant. Earlier this year they announced their factory footprint is growing as they prepare to launch their R2 line in the first half of 2026.
Rivian is currently building a second U.S. plant in Georgia. Rivian’s stock increased from $13.19 on Monday to $13.83 at the end of Friday trading following reports of its strategic response to ...