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Rivian raises production forecast for 2023, narrows losses in Q3 on November 7, 2023 at 9:34 pm

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Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles. The EV maker reported Tuesday after markets closed revenue of $1.33 billion, a figure driven […]

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​ Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles. The EV maker reported Tuesday after markets closed revenue of $1.33 billion, a figure driven
© 2023 TechCrunch. All rights reserved. For personal use only. 

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