Rivian misplaced $1.46B in Q2 because it drives towards a VW-linked future

Rivian’s monetary losses have crept up because it pushed out the final of its first-generation R1 vans and SUVs in favor of newer, extra cost-efficient variations — an indication of simply how a lot the corporate may use the $5 billion it may get as a part of a lately introduced cope with Volkswagen Group. The corporate […]

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