Rivian Deliveries Top Company’s Expectations As EV Startup Maintains Guidance ...Middle East

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Rivian Deliveries Top Company’s Expectations As EV Startup Maintains Guidance
Rivian (RIVN) second-quarter vehicle deliveries came in above its own forecasts as the EV startup kept full-year production guidance steady. RIVN stock advanced early Tuesday. ↑ X NOW PLAYING If Tesla Is The Most Valuable Car Company, Why Are Hybrids Outselling EVs? The company announced Tuesday it delivered 13,790 vehicles in Q2 and produced 9,612 units at its manufacturing facility in Normal, Illinois. Rivian also reaffirmed full-year production guidance of 57,000 units. During Rivian’s investor day last week, the EV startup predicted Q2 deliveries totaling between 13,000 and 13,300. Analysts had forecast second-quarter deliveries of 12,000, according to FactSet. Tesla’s Chin

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