Rivian opens R2 configurator: here are all the options and pricing

Rivian opens R2 configurator: here are all the options and pricing

Rivian has opened the on-line configurator for the R2, its crucial mid-size electrical SUV, giving reservation holders their first probability to spec out the car forward of deliveries. The Performance trim begins at $57,990 — slightly below Tesla’s Model Y Performance at $58,880. The configurator launch comes forward of Rivian’s beforehand communicated June timeline, signaling…

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Rivian Faces Its Biggest Short-Term Threat

Rivian Faces Its Biggest Short-Term Threat

rivian (RIVN 4.24%)a producer of electrical pickups, SUVs, and supply vans, went public at $78 per share in Nov. 2021. Today, its inventory trades at about $15. The bulls retreated as their manufacturing slowed, they posted steep losses, and rising rates of interest compressed their valuation. It’s tempting to think about Rivian as a opposite…

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Dealerships Are ‘Terrified’ Direct Sales Might Be The Future

Dealerships Are ‘Terrified’ Direct Sales Might Be The Future

Dealerships are “terrified” of direct-to-consumer gross sales opening to any producer. 28 states nonetheless prohibit or outright ban direct gross sales. New EV firms have taken benefit of the shortage of franchise fashions, and that very same workaround might ultimately additionally apply to Chinese automotive firms. For many years, shopping for a brand new automotive…

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