However, a slide in the Investor Day shareholder deck revealed that the Ascent ... R1T got new features, but the most important changes were meant to make them cheaper to manufacture. Rivian ...

The new target implies about 50% downside from current levels. “We have been skeptical of [Rivian’s] ability to achieve its 2024 guidance from the start and think the announcement is likely to ...

For example, 65 parts and nearly 1,500 joints ... With new in-house motor configurations, Rivian is seeing dramatic cost improvements. Its new Ascent Tri motor costs 32% less than its Origin ...

Entire new features are added to the cars by the automaker years after leaving the factory, most of them free (so far). Now, lots of automakers are doing it. Some, like Rivian, are absolutely ...

Rivian's $81,000 improvement ... and eliminated 65 parts and nearly 1,500 joints. The second-generation R1 also includes the new in-house Ascent Tri drive unit, which lowers manufacturing costs ...

The new 2025 ... allowed Rivian to get rid of 1.6 miles of wires, shed 44 pounds and go from 17 onboard computers to a mere seven. That’s the kind of reduction in complexity and parts count ...

Rivian's total cost of drive units has fallen significantly. Management expects a 20% material cost reduction in the fourth quarter. Rivian's position continues to attract investment, including ...

Rivian is having rookie success as an American ... It will also aid the company’s long-term plan to use fewer parts per vehicle with an emphasis on efficiency. This will also reduce production ...

Validation production of Rivian’s brand-new, all-electric R2 crossover is underway ... non-U.S.-made vehicles and auto parts. The only sticking point is the lithium-ion batteries being imported ...

Rivian, which is gearing up to launch its new midsize R2 electric SUV, is building a $120 million supplier park near its Normal plant to facilitate increased production. The announcement Monday ...

A subset of Rivian’s suppliers will complete light assembly and manufacturing at the new 1.2 million-square-foot site. Then, to accelerate output, the parts will be moved to Rivian’s main ...

The new target implies about 50% downside from current levels. "We have been skeptical of [Rivian's] ability to achieve its 2024 guidance from the start and think the announcement is likely to ...