IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2025. The company produced 5,979 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 vehicles during the same period. Production was limited during the second quarter in preparation for model year 2026 vehicles expecte...
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are down 2.1% over the past five trading sessions, after the electric vehicle (EV) maker announced layoffs and additional financing from Volkswagen.
BYD stands out as the best investment due to its scale, profitability, integrated supply chain, and strong growth outpacing the broader EV market. XPeng's explosive delivery growth highlights strong consumer appeal, but lack of profitability makes it vulnerable in the ongoing price war. Xiaomi's rapid entry and scale in EVs, backed by its profitable electronics business, make it a compelling gr...
Shares of Rivian Automotive (NASDAQ:RIVN) were mostly flat over the past five trading sessions, sliding by 0.29%, bringing its one-month loss to 2.55%.
Electric vehicle (EV) manufacturer Rivian (RIVN -2.19%) is following the game plan championed by its rival Tesla (TSLA -0.67%). So far, Rivian seems to be executing very well.
The next few months could be difficult for Rivian (RIVN 1.02%). Federal tax incentives for new electric vehicle (EV) purchases could soon be eliminated.
Rivian has laid off around 140 employees, or roughly 1% of its workforce, as it prepares for the launch of its more affordable R2 SUV in 2026, TechCrunch has learned.
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