Business, Technology, Fuel

Rivian Sticks to Q4 Profit Goal Despite Production Setback

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

Kara Carlson and Ed Ludlow | Bloomberg News
November 7, 2024
Business, Equipment, Fuel

Rivian Holds to Annual Production Goal Unchanged Since 2023

Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.

Kara Carlson and Ed Ludlow | Bloomberg News
August 6, 2024