First, let me give you a brief introduction to Rivian mooer don't know much about this company.
Rivian is an American electric vehicle company. It was founded in 2009 and is the world's first car company to mass-produce pure electric pickups. Currently, there are two models on sale, namely the electric pickup truck Rivian R1T and the electric SUV Rivian R1S.
Next, let's use another graph stream to review this wave of sharp increases in the market.
In terms of technology and news, Rivian announced its second-quarter electric vehicle deliveries on July 3. The company delivered 12,640 vehicles in the second quarter, exceeding the estimate of 11,302 vehicles, up 183% year-on-year, and 59% over the previous quarter. At the same time, Rivian also expects to produce 50,000 vehicles a year. On July 3, Rivian directly jumped more than 8 points and closed with a 17.41% increase. Taking out a Taiyo line broke through a range of previous shocks.
The good data for the second quarter dispelled previous market concerns about limited production capacity. As can be seen from the image above, there is no shortage of Rivian products in the market. At the same time, Rivian's chief design officer recently revealed the design of the upcoming R2 SUV and emphasized that the R2 will be a new, cheaper electric vehicle with design features that are clearly different from the R1. If further production capacity is released in the future, Rivian's market may have only just begun.
$Rivian Automotive (RIVN.US)$