Tuesday, August 6, 2024

Rivian lost $1.46B in Q2 as it drives toward a VW-linked future

Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer, more cost-efficient versions — a sign of just how much the company could use the $5 billion it could get as part of a recently announced deal with Volkswagen Group. The company […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Power Automate.

Share:

0 comments:

Post a Comment