UPDATE 1-EV maker Rivian expects increase in quarterly revenue

Rivian Automotive

Rivian Automotive

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July 6 (Reuters) - Electric vehicle maker Rivian RIVN.O on Monday said it expects to report an increase in second-quarter revenue, driven primarily by higher vehicle deliveries.

The company expects revenue between $1.55 billion and $1.65 billion in the second quarter, compared to $1.30 billion it reported a year earlier.

Shares of Rivian, however, were down 9% at $18.32 in extended trading.


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