Friday, May 17, 2024
Rivian made significant announcements about its product expansion. However, it also decided to temporarily halt the construction of a Georgia factory, raising concerns about the company's commitment to creating high-wage jobs in the state.
Rivian's new electric vehicles, the R2 and R3, offer more affordable options compared to the R1T truck and R1S SUV. Priced around $45,000, the R2 is smaller and aims to compete with Tesla's Model 3. Both models share network architecture with the R1, underlining Rivian's commitment to sustainable innovation and broadening market accessibility.
