Rivian beats on Q2 revenue, raises EV production guidance for 2023

Electric vehicle (EV) upstart Rivian recently reported a blowout second quarter, raising its production target for 2023. The automaker said that its total revenue for the second quarter exceeded $1 billion, a rise of 250 percent from the first quarter. The company credited its impressive quarter to strong demand for its vehicles, which includes the… Continue reading Rivian beats on Q2 revenue, raises EV production guidance for 2023

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