EV startup Rivian Automotive is expanding its factory in Illinois as it gears up for the start of production of its new R2 ...
Rivian accelerates R2 SUV production by expanding its Illinois factory, shifting focus from Georgia to cut costs and launch sooner.
With EV sales growth slowing and threats by President Trump to impose tariffs, pause infrastructure buildout and end federal ...
Rivian will be at the show to introduce its second-generation EVs — the downsized R2 and R3X SUVs, which are slated to begin ...
Rivian should be gross profit positive in the fourth quarter and aims to expand its customer base. Rivian looks like a better ...
Rivian is taking steps to increase its vehicle lineup and improve its gross margins. The expansion of its Illinois plant and ...
If Rivian wants to survive in the long term, it will need to attract more customers, and the easiest way to do that is to move downmarket. The R3 and R2 models will both ride on a new platform for ...
"There is demand," said Bensaid, adding that the priority until 2027 was to roll out the R2, Rivian's smaller, less-expensive SUV and to integrate the technology in other Volkswagen brands.
"There is demand," said Bensaid, adding that the priority until 2027 was to roll out the R2, Rivian's smaller, less-expensive SUV and to integrate the technology in other Volkswagen brands. "Obviously ...
Cheaper vehicles will be the key to attracting more buyers, considering that Rivian's cheapest vehicle currently starts at just under $70,000. With the cheaper R2 SUV deliveries expected to begin ...