The current transformation occurring within the auto industry is one of significant economic consequence driven by: trade policy, globalization of supply chains, increasing production costs, and evolving consumer preferences. Indeed, a U.S.-produced car could very well be built of a transmission, engines, batteries, electronics, metals and other parts produced in a number of countries; tariffs […]
Rivian Reports Strong Second Quarter Revenue Growth and Electric Vehicle Milestones
Electric vehicle enthusiasts have plenty of reasons to celebrate as Rivian Automotive delivers an exciting round of second-quarter results. The innovative automaker is making impressive strides across its financial performance, vehicle delivery numbers, and cutting-edge technology rollouts. From rising consolidated revenues to the start of customer deliveries for its highly anticipated R2 SUV, Rivian is […]