Rivian EV automaker plans service shop in Hudson
3 Articles
3 Articles
Project MOVER Launches in Tarrytown and Sleepy Hollow Expands e-Bikeshare Program’s Reach in Hudson Valley Rivertowns
Tarrytown Trustee Thomas Mitchell tests a Project Mover e-bike The Project MOVER e-bike program marked its launch in the Villages of Tarrytown and Sleepy Hollow with a ceremony on Friday, May 23 adjacent to the Tarrytown Train Station. After a successful pilot season in the Village of Ossining in 2024, the e-bikeshare program has expanded to serve new communities across the Hudson Valley. This season, 300 electric bikes will roll out in a phased…
UBS Warns Rivian Still Has Limited US Brand Awareness Among EV Consumers
UBS reaffirmed on Tuesday its Neutral rating on Rivian shares, citing limited brand awareness revealed by a survey it conducted with EV consumers. The firm remains bearish on the stock. It reiterated the $13.00 price target on the Irvine-based EV maker, implying a downside of 16.8% based on Monday’s close at $15.63. Over the past twelve months, the stock surged 44.4%, driven by stronger than expected first quarter financial results and the joint…
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