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NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China).
Rivian (RIVN) is moving closer to restarting construction at its $5 billion EV plant in Georgia after pausing it ...
“This supply shortage impact began in Q3 of this year, has become more acute in recent weeks, and continues,” Rivian said.
Faced with tough decisions as its cash reserves are drying out, Rivian put plans for a second factory in Georgia on hold.