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EV earnings: Rivian raises production guidance, Lucid cuts

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Rivian Automotive (RIVN) shares are trading higher early Wednesday after the electric vehicle maker raised its production outlook. Rivian now forecasts it...

) shares are trading higher early Wednesday after the electric vehicle maker raised its production outlook. Rivian now forecasts it will produce 54,000 vehicles this year, up from its previous estimate of 52,000. This comes after Rivian ended its exclusivity agreement with Amazon, opening up opportunities for new delivery partnerships.

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