Future OutlookRivian now likely has the capital to push through, shake off operational cobwebs, and breathe life into its mass market lineup — the R2/R3; and achieve scale.
PartnershipRivian announced a $5B partnership with Volkswagen Group to create a JV to develop software-defined vehicle architectures for both automakers.
Sales PerformanceRivian reported 2Q:24 deliveries of 13,790, which were 24% above consensus.