Rivian added it was speaking with more customers who are interested in the Rivian Commercial Vehicle platform, which underpins its electric delivery vans...
- Rivian Automotive reported better-than-expected third-quarter revenue on Tuesday and raised its production forecast for the full year by 2,000 vehicles to 54,000 units.
The company had previously said sales of its higher-priced SUV have been strongly outpacing R1T and has started to realize the effects of its price hikes from March last year, improving the average selling price of its vehicles.The company has stayed away from cutting prices and has instead taken to making its Enduro powertrains in-house to reduce its dependency on suppliers and slash costs, a move widely appreciated by investors and analysts.
Cash and cash equivalents at the end of the September quarter were $7.94 billion, compared with $9.26 billion in the preceding three-month period. After Kayleigh McEnany said on Fox News that Trump should get a "better sketch artist" in court, and called her work a travesty, the artist hit back.An elderly poppy seller said he was “punched and kicked” as pro-Palestine protesters staged a sit-in at Edinburgh Waverley train station at the weekend.On The Stand, Trump Admits To Adjusting Property ValuationsNetflix's new drama series, All the Light We Cannot See, has sparked a major reaction from viewers.
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