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 ...
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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