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SOUTHFIELD, Mich. - Electric vehicle maker Rivian Automotive, Inc. (NASDAQ:RIVN), with a market capitalization of $15.9 billion and strong liquidity position, has selected Agillence, Inc. to provide optimization software for planning its parts logistics networks, according to a press release issued Thursday. According to InvestingPro data, the company maintains a healthy current ratio of 3.44, indicating robust operational flexibility.
Agillence will supply its Lean Logistics Optimizer (ALLO) software, which performs simultaneous optimization of network design, order frequency, routing, 3D stowage, and packaging across multi-tier inbound networks at the individual part level.
The software aims to minimize logistics costs while improving flow efficiency through an integrated, data-driven approach.
"Rivian’s EV supply chain requires exceptional agility and precision," said Srini Paruchuri, Vice President of Customer Strategy and Solutions at Agillence, in the statement.
Agillence specializes in automotive logistics solutions, offering its products on a SaaS subscription basis through a private cloud platform that is SOC 2 certified for security and compliance.
The Michigan-based optimization company serves various automotive industry clients, including OEMs, tier suppliers, and third-party logistics providers.
This announcement represents a new business relationship between the electric vehicle manufacturer and the logistics software provider, based on information from the company’s press release.
In other recent news, Rivian Automotive Inc. reported better-than-expected third-quarter 2025 delivery numbers, with 13,201 vehicles delivered, surpassing the analyst consensus of 12,690. Despite this achievement, the company narrowed its full-year delivery guidance. Production for the quarter reached 10,720 units, which was above the consensus estimate but fell short of last year’s third-quarter production numbers. On the analyst front, Cantor Fitzgerald reaffirmed its Neutral rating and maintained a $15 price target for Rivian, while CFRA reiterated a Sell rating with an $8 price target, citing the narrowed guidance.
Additionally, Rivian plans to redesign its vehicle doors after safety concerns were raised by employees and customers. The redesign will include a more visible manual release near the electric-powered interior handles in the rear doors of the upcoming R2 SUV. The R2 model is scheduled for production in the first half of 2026, with a starting price of approximately $45,000. Rivian reaffirmed that the R2 production line would cost less per unit compared to its R1 line.
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