FILE - This Nov. 14, 2018, file photo shows a Rivian R1T at Rivian headquarters in Plymouth, Mich. Shares in Rivian Automotive are set to trade publicly on Wednesday, Nov. 10, 2021, and the world should get a better idea of just how hot investors are for the electric vehicle market.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Green Trucks, Red Ink: Rivian Loses $33,000 for Every Electric Pickup SoldRivian Automotive, a market leader in producing electric pickup trucks, has struggled with producing electric vehicles (EVs) that can accomplish tasks their gasoline engine counterparts handle with ease. A new report from the Wall Street Journal shows the company also struggles with profitability. The company reportedly loses an average of $33,000 for every truck it sells.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Renoca Windansea Is A Toyota Tacoma With Retro Land Cruiser VibesThe modified midsize truck was designed exclusively for the US market by Japanese company Flex Automotive
Source: Carscoop - 🏆 306. / 63 Read more »