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Top News In Rivian Treehouse Today - Breaking & Trending Today
Despite efforts such as new model launches, price reductions, and tax credits, the expected surge in consumer interest has not materialized as anticipated. ....
Rivian’s CEO said they “firmly believe in the full electrification of the automotive industry,” but recognize the short-term “challenging macro-economic conditions.” ....
The Amazon-backed company reported that it lost $1.5 billion in the fourth quarter of 2023 and said that it expects to build 57,000 electric vehicles in 2024, the same number it built last year. ....