Retooling its Illinois EV plant alongside a shift in market headwinds could help the automaker make a profit for the first time. Despite another rocky earnings report, Rivian could be inching towards profitability. In Q2 2024, the pure-play electric vehicle (EV) maker reported a net loss of US$1.46bn, up from US$1.2bn in the same quarter … Continue reading Rivian Targets First-Ever Profits by the End of 2024