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How Rivian’s New R2 Battery Will Boost Range and Cut Costs

Rivian is laying the groundwork for the launch of its highly anticipated R2 platform, expected in 2026. Central to this vehicle’s performance and cost-efficiency is a new battery partnership with LG Energy Solutions (LGES), which will supply advanced cylindrical cells manufactured in the United States. This collaboration is designed to…

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Key Highlights from Rivian’s Q3 2024 Earnings Call with CFO Claire McDonough and CEO RJ Scaringe

Rivian’s Q3 2024 earnings call offered new insights into its operational adjustments and strategic initiatives as it works toward profitability and scaling production. CFO Claire McDonough and CEO RJ Scaringe addressed supply chain issues, financial goals, and partnerships, adding context to the company’s ongoing progress. Boosting Production with Tri-Motor and…

Read More →Key Highlights from Rivian’s Q3 2024 Earnings Call with CFO Claire McDonough and CEO RJ Scaringe

Rivian Q3 2024 Earnings Report: Strategic Partnerships and Path to Profitability Amid Production Challenges

Rivian’s Q3 2024 earnings report underscores a period of pivotal developments for the company as it continues its journey toward operational efficiency and financial sustainability. Facing a mixture of production hurdles and strategic advancements, Rivian’s results reveal a focus on technological partnerships, streamlined operations, and future-ready EV platforms. tl;dr Production…

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Rivian Emphasizes Unique Approach to Automation, Diverging from Tesla’s Path

In a recent statement, Rivian’s Head of Software Wassym Bensaid clarified that the company is not looking to follow in Tesla’s footsteps regarding automation and autonomy. Instead, Rivian aims to carve its own path, focusing on a balanced approach to software and user experience rather than racing toward full self-driving…

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