Timetable for more affordable Tesla slips further
Musk no longer dangling the possibility of a 2024 rollout of his firm’s new offering
Rivian was founded in 2009 and is specialist EV producer focused primarily on the US market. Rivian's R1T pickup and R1S SUV are based on the skateboard platform, and enjoy market leading customer ratings. Rivian has strong EV-tech credentials, but faces a significant challenge to bring this to market through mass production.
OEMs will develop joint EV platform architecture while Rivian gets much-needed boost to its coffers
OEM says factory retool and supplier contracts are key drivers towards Q4 breakeven
Fears that e-pickup leader Ford's attempts to stimulate demand in the segment may affect Rivian R1T sales
Analysts are skeptical over whether R2 and R3 ranges will be a commercial success
Rivian enters midsized crossover section with R3 but ramp-up presents challenges
Despite layoffs and capex hikes, Rivian expects balance sheet to sustain it to 2025
EV pure play tells analysts to expect sluggish Q1 production as it prepares supply chain
Widely anticipated annual production guidance beat overshadowed by inventory conerns
Automaker inks first deal for commercial EVs after Amazon exclusivity deal ends
OEMs targeting the e-pickup segment may need to rely on customers who have not previously bought trucks
But further optimisation will mean a 2024 factory shutdown
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