Rivian hasn’t shared an update on R2 reservation numbers since July 2024, when Rivian VP of Manufacturing Tim Fallon said they had “well over 100,000.” Since then, nothing. It’s not because demand is weak—it’s actually the opposite. But there are…
Rivian shared big updates on the R2 in yesterday’s Q4 2024 webinar. The team is focused on cost control and production efficiency. They just finished sourcing materials and completed tooling trials for key body panels. This moves the R2 closer to…
Rivian just issued a recall for some 2025 R1T and R1S models because of a headlight issue that could mess with visibility in cold weather. Basically, some headlights might not turn on at startup due to a supplier’s mistake, which…
Rivian is finally bringing hands-free highway driving to its R1 lineup. During the Q4 2024 Shareholder Webinar, CEO RJ Scaringe confirmed that Rivian’s long-awaited hands-free advanced driver assistance system (ADAS) will roll out in the coming weeks for Gen 2…
Rivian just dropped its Q4 2024 Shareholder Letter, and for the first time ever, the company reported a quarterly gross profit—$170 million to be exact. That’s a huge milestone, especially considering how Rivian has been working to drive down costs…
