Rivian hosted more than 57,000 demo drives during the second quarter, a company record, he said. Automotive revenue rose 23% year over year to $1.14 billion, supported by a 14% increase in vehicle deliveries and a $103 million increase in automotive regulatory-credit revenue. The gains were partly offset by a lower average selling price resulting from a greater mix of commercial van and R2 deliveries. Automotive gross profit loss narrowed to $36 million from a $335 million loss in the year-earlier quarter. About Rivian Automotive (NASDAQ:RIVN)Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles.