July 6 (Reuters) – Electric vehicle maker Rivian 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.
(Reporting by Juby Babu in Mexico City; Editing by Jonathan Ananda)