Rivian stands out as a differentiated EV play amid a top-heavy S&P 500 and AI-driven market. RIVN's recent launch of the midsize R2 platform marks a pivotal 'Model 3' moment, targeting mass-market adoption with a ~50% reduction in BOM costs. The company's latest quarterly results showcase an ever-increasing pile of software revenue, which will further RIVN's push toward gross margin profitability.
Rivian's all-important R2 electric SUV launched on June 9. BI spoke with early-adopting customers to get a clear picture of the car's expected rollout.
Rivian has been sued over allegations that the EV maker made false claims about the autonomous driving capabilities of its R1T truck and R1S SUV models.
Rivian has been sued over allegations that the EV maker made false claims about the autonomous driving capabilities of its R1T truck and R1S SUV models.
Rivian confirmed that it laid off less than 2% of its workforce on Tuesday. The carmaker faces a crucial year as it launches the R2 midsize SUV, its most important product.
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