The Rivian R2, R3 and R3X are the brand’s biggest moves yet. Now, CEO RJ Scaringe gives some thoughts on what could come next ...

In Q4 2024, Rivian posted a gross profit of $170 million. The biggest part of that is due to the massive cost reduction brought by the refreshed R1S and R1T which debuted last year.

As electric vehicles gain traction in the luxury market, many consumers are weighing the financial benefits of going electric ...

Rivian has changed 600 parts on its R1S SUV and R1T pickup truck in a bid to drive down manufacturing costs, while improving performance of its flagship vehicles. Rivian lost about $38,784 on ...

The R1S costs $6,000 more and the step up to the Large Pack battery adds another $7,000, with the same price increment again for the Max Pack. The Tri-Motor R1T is $99,900, and the SUV is still an ...

Rivian CEO RJ Scaringe said during Tuesday's second-quarter earnings call that US policies around EVs will impact Rivian's ...

Rivian has unveiled its next-generation R1S and R1T electric vehicles to cut cost without affecting the driver experience negatively. In fact, the automaker is improving it.

Analysts have recently evaluated Rivian Automotive and provided 12-month price targets. The average target is $14.25, accompanied by a high estimate of $21.00 and a low estimate of $9.00. A negative ...

And cost is currently the main issue Rivian is dealing with as it scales production. In order to address this issue, Rivian has been working on producing its own “Enduro” drive units.

According to Kelley Blue Book, Rivian sold 16,154 R1S SUVs vs. 6,570 R1T trucks in the first half of 2024; a year ago, the figures stood at 6,745 and 10,638, respectively.

Rivian announced this week it’s increasing prices on its R1T electric pickup and R1S SUV by more than $10,000. This will affect not only new orders but also most reservation holders.

Rivian R1S Now Available For Lease, But It’ll Cost You EV startup, Rivian, opens its leasing program to people in Illinois, adds R1S to available options by Sebastien Bell January 18, 2024 at 16:31 ...