Rivian’s quick response to recall shows value of direct-to-consumer model, CEO says

Rivian’s quick response to recall shows value of direct-to-consumer model, CEO says

CEO RJ Scaringe explained the firm has earned some goodwill from consumers who witnessed a nimble, in-house support operation that could also lean on its mobile services fleet for quick checks of the fasteners. “This is a thing exactly where we recognized a possible difficulty [and] we preferred to get out as early as probable,” Scaringe

There may be more to Rivian’s price hike than materials costs

There may be more to Rivian’s price hike than materials costs

Rivian Automotive Inc. has established a new bar for sticker shock in the electric powered vehicle era. The organization, citing improved resources expenses, is boosting costs as a great deal as 20 percent on some products. But there could be additional to the big bump than ever more high-priced resources. Last tumble the organization abruptly terminated