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Rivian Pre-Announces Q2 Deliveries, Exceeds Expectations
During today’s 2024 Investor Day, Chief Financial Officer of Rivian Claire McDonough shared some details on Q2 2024 regarding deliveries. Rivian delivered between 13,000 – 13,300 vehicles during Q2 versus the 10,200 expected. Production in Q2 was between 9,100 – 9,300 vehicles versus the expected 10,300 vehicles. As a reminder, Rivian shut down their factory for retooling during April which meant no vehicles were produced during that time. McDonough reaffirmed the path to positive Q4 gross profit and also reaffirmed…
Rivian R1 Bidirectional 24 kW DC Charging Coming Soon; R2 Will Feature 11 kW AC Bidirectional Charging
We’ve known for a while that the Rivian R1 line is capable of bidirectional charging (which allows you to send power in both directions) but details have been slim. In today’s 2024 Rivian Investor Day, we learned that the First-Gen and Second-Gen R1T and R1S are capable of up to 24 kW of bidirectional charging using a special wall charger that will mount in your home. Rivian can accomplish getting 24 kW out of the vehicle by using the vehicle’s…
Second-Gen R1 Quad Range Unveiled; Up To 350 Miles Up From 328 Miles
Unveiled at the 2024 Rivian Investor Day event, Rivian shared a slide that shows the dramatic costs and performance improvements with the old Origin motors versus the new Ascent and Enduro motors. Here’s a breakdown of everything: Origin Quad (First-Generation R1) 0-60 mph in 3.0s328 miles of range1/4 mile in 11.7s Ascent Quad (Second-Generation R1) 0-60 mph in 2.5sUp to 350 miles of range1/4 mile in 10.5s Ascent Tri 0-60mph in 2.9s400+ miles of range1/4 mile in 11.2s Enduro Dual…
2024 Rivian Investor Day Agenda Unveiled
Thursday, June 27th, 2024 is Rivian Investor Day where CEO RJ Scaringe and various other key personnel are expected to take to the stage to discuss the present and future of Rivian. The presentation focuses on the company’s progress to date and key initiatives that will help the company grow and mature. Rivian has shared the agenda for 2024 Investor Day with the following topics and people taking to the stage. Part 1 – Introduction & Vehicle Technology Part 2…
Rivian “Launch Mode” Event On July 10th at Pacific Raceways in Kent, WA
Join Rivian and Rivian fans at the Pacific Raceways in Kent, Washington on July 10th, 2024 between 5:30 pm – 9:00 pm PDT for an “electric” evening of food, fun, connections, and celebrations of all things Rivian. Event Name: Launch ModeLocation: Pacific Raceways, 31001 144th Ave SE, Kent, Washington 98042Date: July 10th, 2024Time: 5:30 pm – 9:00 pm PDTRSVP Link: At this “Launch Mode” event, you’ll get to meet the second-generation R1T and R1S and the R2, R3, and…