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Rivian Surges as EV Output Beats Expectations on Output Gain

(Bloomberg) -- Rivian Automotive Inc. built more battery-electric vehicles last quarter than Wall Street had anticipated as the company works to ramp up production and overcome a string of supply-chain issues. Its shares soared by double-digits in early trading Monday. Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountSingapore’s Star Banker