Rivian Raises Full-Year EV Production Guidance

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Electric vehicle maker, Vivian has raised its full year production guidance. I do love that car after reporting a narrower than expected loss in the second quarter. The company says it's expecting to build about 52,000 vehicles just this year. That's more than twice the number of vehicles it made last year. R also reported quarterly revenue ahead of analyst predictions. The company CEO says the results reflect our continued focus on cost efficiency as we accelerate the drive towards profitability.