Rivian Delivery Volume Increased By Over 500{9fa2ae831048424756faedea87f44870cd2ea6d09bcfab62eb5dabc6b233e172} Year-on-year, Revenue In The First Quarter Was Better Than Wall Street’s Expectations
Electric-car maker Rivian reported first-quarter earnings that topped Wall Street analysts’ expectations on first-quarter revenue, driven by growth in sales of electric pickup trucks. Rivian delivered 7,948 electric pickups this quarter, a 548{9fa2ae831048424756faedea87f44870cd2ea6d09bcfab62eb5dabc6b233e172} year-over-year increase, and maintained its production forecast for this year, which is to produce 50,000 electric vehicles in 2023. Rivian also cut…