Before Tesla (TSLA -1.44%), electric vehicles (EVs) were just something that hobbyists played with. Now, however, every major automaker and a significant number of EV-focused producers compete in the EV space.
SOUTHFIELD, Mich. , Oct. 9, 2025 /PRNewswire/ -- Agillence, Inc., an optimization company, today announced that Rivian Automotive, Inc. (NASDAQ: RIVN) has selected it to provide proprietary optimization software to support the planning of parts logistics networks.
Make no mistake, Rivian Automotive (RIVN -0.98%) has been a punishing investment for its early investors, with shares down a whopping 90% since their public debut in late 2021. That said, the embattled company has now become a relatively affordable way to bet on the future of the U.S. EV industry as it pioneers its truck and SUV-focused business model.
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