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Rivian lost $6.8 billion last year, but its 400-mile “Max Pack” EVs are on their way.
This evening Rivian released its Q4 earnings (PDF), noting that the electric truck builder lost more than $1.7 billion over the three-month period, with $663 million in revenue while delivering 8,054 vehicles.
It also said that later this year, customers will start getting deliveries of the R1S and R1T with the company’s “Max Pack” battery and Enduro motor for long-range capability, though it won’t be available with a quad-motor all-wheel drive setup.
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