Rivian Automotive plunged 27% in a month while R2 production appears on schedule. My base case remains that R2 demand will underwhelm and that Rivian will need additional capital. Despite downside ...
CEO RJ Scaringe highlighted a positive gross margin milestone achieved in Q4 2024, supported by a $31,000 reduction in COGS per vehicle compared to Q4 2023. He attributed this to cost controls, higher ...
Rivian is betting on a more affordable electric SUV to broaden its audience, introducing the midsize R2 with a starting price of $45,000 and an estimated range above 300 miles. The R2 is built on a ...
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R2—a mid-size electric SUV that brings Rivian's design, performance and technology to a significantly broader audience—was first unveiled on March 7, 2024, in Laguna Beach, California. Almost two ...
SERI (Sustainable Electronics Recycling International), Washington, has hired Mike Easterbrook as its R2 director, effective Oct. 17. In this position, Easterbrook will manage SERI’s R2 program, ...
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Is the Rivian R2 America’s next great SUV?
American EV automaker Rivian—you know, they make the ones with the sad-laughing clown eyes?—held its media drive for the new R2 SUV near Park City, Utah, two weeks ago. I’ll spare you the clinical ...
Rivian (RIVN) has officially started rolling out validation units of its highly anticipated R2 electric SUV from its factory in Normal, Illinois. CEO RJ Scaringe shared the news, confirming that the ...
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