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Technology

Adam Eckert

Rivian CEO Scaringe Talks Competition And Strong Demand In EV Market

Rivian RJ Scaringe Nasdaq Rivian Automotive Inc CNBC

A day after Rivian Automotive Inc (NASDAQ: RIVN) reported production and delivery numbers for the third quarter, CEO RJ Scaringe shared his thoughts on the road ahead, including increasing competition from other EV makers. PHOTO BY ALEXANDER SHATOV/UNSPLASH

A day after Rivian Automotive Inc (NASDAQ: RIVN) reported production and delivery numbers for the third quarter, CEO RJ Scaringe shared his thoughts on the road ahead, including increasing competition from other EV makers.

Rivian on Monday announced that it produced 16,304 vehicles in the third quarter and delivered 15,564 vehicles during the same period. The EV maker also said it remains on track to produce 52,000 vehicles for the year.

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