Rivian will deliver the first R2 SUVs on June 9
The company has finally set a date for the first customer deliveries of what CEO RJ Scaringe has said is “maybe the most important thing we’ve launched to date.”
The company has finally set a date for the first customer deliveries of what CEO RJ Scaringe has said is “maybe the most important thing we’ve launched to date.”
At least two owners have lost control of their vehicles after a critical suspension component broke. In both cases, the vehicles had been previously serviced.
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Founder and CEO RJ Scaringe has called it “maybe the most important thing we’ve launched to date.”
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.
Plaintiffs in the class -action complaint allege Rivian falsely promised for years it would bring hands-free driving to its first-generation R1 vehicles.
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.
The automaker joins a long line of companies seeking such refunds. In April, Rivian CFO Claire McDonough said she expected the company stood to reap a refund in the “tens of millions of dollars.”
The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.