Rivian lost $1.46 billion in Q2 as it drives towards 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 that could come its way as part of a recently announced deal with Volkswagen […] © 2024 TechCrunch. All rights reserved. For personal use only.
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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 that could come its way as part of a recently announced deal with Volkswagen […]
© 2024 TechCrunch. All rights reserved. For personal use only.
