Rivian’s Software Unit Outearns Its Vehicle Business Ahead of Q3 Results

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Rivian's software and services segment earned $215 million in second-quarter gross profit at a 42% margin, while its automotive segment lost $36 million. Volkswagen supplied 60% of segment revenue, and Uber's robotaxi deal adds a second partner ahead of Rivian's Oct. 29 third-quarter report.
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