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Rivian sees 2027 as its "inflection year" on R2 momentum and autonomy

TechnologyInternationalCNBCAI summary
Image: CNBC

Rivian CEO RJ Scaringe told CNBC that 2027 will be an "inflection year" for the company as it ramps up production of its midsize R2 SUV, with an entry-level model at about $45,000, and invests in software and autonomy. Rivian delivered a record 19,248 vehicles in the third quarter of 2026, up 46% year over year, and the R2 is already its best-selling vehicle by volume. The stock is down more than 80% since its November 2021 IPO.

In 35 seconds

  • Scaringe calls 2027 an "inflection year" driven by the R2 rollout and autonomy investment
  • Rivian delivered 19,248 vehicles in Q3 2026, up 46% year over year
  • The R2, with an entry-level version at about $45,000, is already the brand's best-selling model
Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

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