The Los Angeles Post
U.S. World Business Lifestyle
Today: April 09, 2025
Today: April 09, 2025

EV maker Rivian sees higher quarterly revenue

Startup Rivian Automotive's electric vehicle factory in Normal
April 26, 2024
Reuters - Reuters

(Reuters) - Electric-vehicle maker Rivian Automotive on Wednesday forecast quarterly revenues to rise due to an increase in deliveries of its pickup trucks and sports utility vehicles.

The company expects revenue for the three months ended Sept. 30 between $1.29 billion and $1.33 billion, compared to last year's $540 million.

(Reporting by Savyata Mishra in Bengaluru; Editing by Maju Samuel)

Share This

Popular

Business|Political|Technology|US

Former Facebook executive tells Senate committee company undermined US national security with China

Former Facebook executive tells Senate committee company undermined US national security with China
Business|Economy|Health|Political|US

Trump drug tariffs would drive up prices, worsen shortages before any boost to US manufacturing, experts warn

Trump drug tariffs would drive up prices, worsen shortages before any boost to US manufacturing, experts warn
Asia|Business|Economy|Finance|Political|Stock Markets|US

The Latest: Stocks surge after Trump announces 90-day pause on tariffs but raises taxes on China

The Latest: Stocks surge after Trump announces 90-day pause on tariffs but raises taxes on China
Business|Economy|Political|US

The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China

The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China

Technology

Business|Economy|Technology|US

Microsoft says it's 'slowing or pausing' some AI data center projects, including $1B plan for Ohio

Microsoft says it's 'slowing or pausing' some AI data center projects, including $1B plan for Ohio
Political|Science|Technology|US

Moon vs. Mars: Trump's NASA pick says both can be done at the same time

Moon vs. Mars: Trump's NASA pick says both can be done at the same time
Business|Crime|Technology|US

BASF sues Berkshire's Duracell for allegedly stealing battery secrets

BASF sues Berkshire's Duracell for allegedly stealing battery secrets
Business|Political|Technology|US

Trump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports

Trump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports

Access this article for free.

Already have an account? Sign In