Rivian Is Betting Big On This $45K SUV
By CNBC
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Rivian's share price has plunged about 85% since going public in 2021. Now, the EV maker is betting its future on a new vehicle: Rivian R2, a midsize SUV for $45,000. Founder and CEO, RJ Scaringe, gives CNBC’s Robert Ferris an exclusive look at the new, more affordable electric vehicle, hoping to turn the company around and compete with the likes of Tesla. Chapters: 1:37 Chapter 1 - Launching a new EV brand 4:00 Chapter 2 - Rivian R2 6:26 Chapter 3 - All in on autonomy 9:21 Chapter 4 - R3 and expansion plans 10:55 Chapter 5 - Challenges Produced, Shot and Edited by: Andrew Evers Reporter: Robert Ferris Senior Director of Video: Jeniece Pettitt Supervising Producer: Tala Hadavi Animation: Emily Park Additional Footage: Getty Images, Rivian » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNB
Tags: Rivian, Rivian Automotive, Rivian R2, R2, R1S, R1T, R3, R3X, EVs, electric vehicles, RJ Scaringe, VW, Volkswagen, Tesla, autos, cars, car manufacturing, SUV, midsize SUV, Model Y
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