CategoryManufacturing

Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting

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Rivian, known for its R1S SUVs and R1T pickups, is expanding the Normal plant to produce its smaller, less expensive R2 SUVs that are expected to roll out in 2026 and seen as critical to its success. (LAURENCE ILIFF)
August 06, 2024 08:39 PM