Rivian has cut prices on 2023/2024 R1T and R1S models, making certain upgrades essentially free. Competitors like Tesla are also slashing prices to clear inventory. Price cuts are likely to make ...

Some numbers will put the problem into perspective. In 2023, Rivian generated $4.4 billion in revenue from selling its trucks but paid nearly $6.5 billion to build them. Its gross profit was ...

Scaringe previously hinted that Rivian was working on micromobility. He said at TechCrunch’s Disrupt conference in 2022 that the company planned to move to even smaller vehicles. In 2023 ...

In fact, in 2023, news broke of a Rivian e-bike in the works at Rivian, although it was unclear if it would be something with pedals or more like an electric motorcycle. Things are still rather vague.