Rivian’s sales pop as the company’s big R2 bet starts to pay off
Rivian reported significant growth in its third-quarter production and delivery numbers, with production increasing 85 percent and deliveries rising 45 percent year-over-year. The company's performance is attributed to the success of its more affordable R2 vehicle.
Rivian had high hopes for its more affordable R2 vehicle - and so far, those hopes appear to be paying off. The company released its third-quarter production and delivery numbers today, reporting 19,751 vehicles produced and 19,248 delivered. That represents an 85 percent year-over-year increase in production and a 45 percent jump in deliveries. (For […]
READ NEXT
More on the wire
AI TLDR
A rare two-headed baby turtle was discovered on Cape Cod, Massachusetts, last month. The turtle weighs approximately the same as a nickel.
AI TLDR
A New York man was arrested twice in one day for separate incidents involving robbery, assault, and forcible touching, prompting criticism of state sanctuary policies.
AI TLDR
Court documents filed by Christa Pike allege that the execution drug pentobarbital caused severe burning sensations during a botched procedure. Experts compared the chemical's effects to household cleaners like bleach.