Startup electric truck manufacturer Rivian announced Thursday it has built 2,425 trucks to date, but the production ramp-up at its Normal plant continues to be stuck in first gear, constrained
Rivian Automotive Inc has decided to roll back price hikes on its electric vehicles that were booked before March 1 after facing intense backlash from customers following a 20 percent increase in prices.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.