Technology · 7 views

Rivian’s sales pop as the company’s big R2 bet starts to pay off

The company reported a 45 percent increase in sales and a whopping 85 percent bump in production for the third quarter.

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Rivian had high hopes for its more affordable R2 vehicle - and so far, those hopes appear to be paying off. The company released its third-quarter production and delivery numbers today, reporting 19,751 vehicles produced and 19,248 delivered. That represents an 85 percent year-over-year increase in production and a 45 percent jump in deliveries.

Read original at The Verge

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