Rivian losses surge to $1.7 billion as production ramps up

Rivian said Thursday that it lost $1.7 billion in the second quarter of 2022 as it works to ramp up its vehicle production amid the on-going supply chain crunch. The automaker’s losses more than doubled from the same period last year, when it lost $580 million.
Story Published at: August 12, 2022 at 02:59AM