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AI will be critical for fully autonomous vehicles. One EV maker is betting big on AI despite a relatively small market cap.
Rivian's stock has declined more than 80% since its IPO in 2021. The company is profitable due to its software and services segment.
Real-world autonomous driving is closer than ever. These stocks have small market caps but huge growth potential.
Tesla's growth took off following the release of its Model 3 and Model Y vehicles. Rivian's growth could follow suit after the release of its R2 SUV.
Tesla is stopping production of its Model S and Model X and pivoting towards robotics and autonomous vehicles. Rivian has navigated some difficult times but has managed to keep the much-anticipated launch of its new R2 vehicle on track.
In the latest trading session, Rivian Automotive (RIVN) closed at $14.86, marking a -2.88% move from the previous day.
Stock News Stocks slide as oil tops $100: The S&P 500 fell 0.61% to a 2026 low and notched a third straight weekly decline as Brent closed above $100 and WTI ne
The war in Iran has pushed gas prices up.
Major stock indexes declined as oil prices turned higher Friday, and were poised to close lower for a third straight week.
Rivian stock price is stuck in a technical bear market after falling from last December's high of $22.7 to the current $15.20. It retreated after the company shared details of the upcoming R2 vehicle, with its short interest continuing to rise.
EV makers Lucid (NASDAQ: LCID | LCID Price Prediction) and Rivian Automotive (NASDAQ: RIVN) both have introduced new vehicles, and both are burning cash at a staggering rate.
The startup seeks to buck an EV downturn with a $57,990 SUV that can drive up to 330 miles on a single charge.
In the latest trading session, Rivian Automotive (RIVN) closed at $15.3, marking a -8.11% move from the previous day.
Rivian has unveiled eagerly awaited details on its R2 model, a launch that experts say could turn out to be a make or break moment for the EV maker.
Electric vehicle maker Rivian Automotive Inc (NASDAQ:RIVN) on Thursday unveiled pricing and specifications for its upcoming R2 midsize electric SUV, with models starting at about $45,000 as the company seeks to broaden its lineup and appeal to a wider market. The company said deliveries will begin in spring 2026 with the R2 Performance trim with Launch Package, priced from $57,990.
Shares of Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) are down approximately 5% today, sliding below $16 as the company holds its highly anticipated R2 SUV reveal event.
Rivian will begin delivering its more affordable R2 line of SUVs this spring with a variant priced at $57,990 and roll out cheaper options in 2027, as the electric vehicle maker looks to widen its customer base and take on Tesla's best-selling Model Y.
Rivian will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model. The first of the R2 midsize vehicles will be a performance model with a "Launch Package" that includes a 330-mile range, dual motors and "lifetime" access to its advanced driver assistance system.
The EV maker just revealed pricing details for its new R2 lineup. Rivian will first launch a $57,990 model, with plans to debut a $45,000 variant in late 2027.
IRVINE, Calif.--(BUSINESS WIRE)--Today, American automaker and technology company Rivian announced full trims and pricing1 for the all-new R2, a mid-size electric SUV that brings Rivian's design, performance and technology to a significantly broader audience without losing what makes a Rivian unmistakably Rivian. Deliveries start in Spring 2026, beginning with R2 Performance with Launch Package (starting at $57,9902), followed by additional Premium configurations in late 2026 and Standard confi.