SLB Limited SLB
SLB Limited, operating under the ticker symbol RIVN, is an American automotive company that designs, develops, manufactures, and sells electric vehicles and related services. The company's primary business revolves around its automotive segment, which includes the production and sale of electric consumer vehicles, such as the R1T pickup truck and R1S SUV, as well as commercial electric delivery vans. It serves both the consumer market and commercial fleet customers, with a business model focused on direct-to-consumer sales and strategic partnerships for commercial vehicle deployment. In addition to vehicle manufacturing, the company generates revenue from a software and services segment, which includes features like connectivity services, over-the-air updates, and fleet management solutions, enhancing the ownership experience and creating recurring revenue streams.
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