Rivian IPO: What you need to know
Teslarati
NOVEMBER 9, 2021
It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., Rivian posted a net loss of $994 million from January to June 2021, more than double the $377 million net loss it posted for the first half of 2020. In comparison, its R&D cost for 2020 stood at $766 million.
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