Electric-vehicle maker Rivian simplifies output, cuts cost
Factory retooling to save 35% in material cost for vans * CEO sees similar savings for R1 SUVs and pickups * CEO highlights improved manufacturing efficiency * Cost cuts to calm investor nerves – analyst (Adds TV is available) By Abhirup Roy NORMAL, Illinois, June 24 (Reuters) – Electric-vehicle maker Rivian’s drive to cut costs … Read more