Reports Q2 revenue $1.303B, consensus $1.29B. RJ Scaringe, Rivian (RIVN) Founder and CEO, said: “This quarter we made significant progress in R2 development and testing. We also substantially completed the expansion of our Normal, Illinois facility and have begun installing manufacturing equipment in preparation for our start of production. Along with R2, our autonomy platform continues to be one of our major focus areas, and we’re excited to share more of our roadmap later this year.”
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