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Rivian teases five new vehicles, and I have no idea what they are
Four new Rivian vehicles could be coming soon.
I’ll admit, I was too distracted by Rivian’s surprise announcement of a$5 billion deal with Volkswagen to develop software and electric vehicles to notice that the buzzy California company was also planning an investor day event on June 27th. So when I woke up on Wednesday to see this shareholder letter — thanks to InsideEVs with an assist from BloombergNEF’s Corey Cantor on Threads — I was pretty surprised to see Rivian was essentially taking a page from Tesla by teasing us with some shroud-covered mystery vehicles. It’s already been a pretty jam-packed 2024 for Rivian: the introduction of the more affordable R2, starting at $45,000; the surprise reveal of the R3 and R3X, which briefly broke the internet with hype; the release of its second-generation R1T and R1S vehicles, with all new architecture, motors, and batteries; and of course, the company’s continuing financial struggles in the face of softening EV demand.
Or read this on The Verge