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rivian developing variants of its more affordable r2 evs ce7f58dddb80f02c
The full article is on the original publisher site. This page only shows the headline and a very short excerpt.
AI insight
AI-generatedRivian is expanding its EV lineup with the R2, targeting lower price points to boost volume. The $45,000 trim by 2027 could improve affordability and demand. The Uber deal provides a large fleet customer. However, the commercial mechanism is weak: no specific cost or margin data, no supply chain disruption, and the timeline is long. The primary sector is AUTOS_EV, but impact on margins or competitors is not specified.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- Rivian plans to start deliveries of R2 SUVs around June 2023.
- Initial R2 model priced at $58,000; more affordable $45,000 trim expected by late 2027.
- Rivian forecasts 53% increase in deliveries this year, anticipating 22,000 to 23,000 R2 deliveries.
- Rivian has a $1.25 billion deal with Uber for deploying 10,000 autonomous vehicles starting in 2028.
- New plant in Georgia will allow for different R2 variants.
Rivian's R2 volume ramp and Uber deal may have a flat impact on the EV sector in the mid-term; limited margin data available.
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