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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Rivian and Mercedes-Benz electric van partnership is on hold indefinitely
As the electric vehicle market continues to heat up, automakers have begun to partner up for mutually beneficial projects. But the partnership between electric vehicle maker Rivian and German auto giant Mercedes-Benz may have hit a snag. The two companies had announced plans to collaborate on an upcoming electric van, but that arrangement appears to… Continue reading Rivian and Mercedes-Benz electric van partnership is on hold indefinitely