Rivian says LowerCost 2nd Generation EVs to Help in Push for Profitability
June 27 Reuters Material cost of Rivian39;s secondgeneration R1 electric SUVs and pickups will be 20 lower than the current version, CEO RJ Scaringe said on Thursday, after it overhauled its manufacturing plant and removed vehicle parts to slash cost. Costs will go down further as Rivian continues to make improvements, Scaringe said at the company39;s […]