Rivian Eyes In-House LiDAR Using Chinese Tech for AV Push
Strategic AV shift: Rivian mulls producing its own LiDAR sensors as part of proprietary self-driving tech, including custom chips.
- Chinese edge:...
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Strategic AV shift: Rivian mulls producing its own LiDAR sensors as part of proprietary self-driving tech, including custom chips.
Rivian's R2 lineup expansion signals major volume growth and market diversification:
Rivian cut R2 manufacturing costs in half, paving the way for the R2 Performance trim to launch in the US at $57,990 in spring 2026. Major win for affordability and margins.
RIVN shares rose 1% in overnight trading on Tuesday after a regulatory filing showed Volkswagen overtaking Amazon as its top shareholder.
Uber-Rivian R2 deal advances strongly:
Rivian R2 hits production milestone – Founder/CEO RJ Scaringe drove the first customer production R2 off the line at Normal, IL plant, with spring deliveries starting soon and on track.
VW's investment escalates, overtaking Amazon as Rivian's largest shareholder and bolstering its cash runway through strategic JV.
Dilution breakdown from Rivian's SEC filing:
Fresh capital injection via equity.
A tornado damaged a section of Rivian's new R2 plant in west Normal two weeks ago, yet leaders reaffirmed 2026 targets in the quarterly earnings update, showcasing operational resilience against weather disruptions.
Rivian secures $300 million through private share placement, while the latest analyst rating remains Buy with a $23 price target despite -8.41% stock drop.
Rivian's R2 shifts from narrative to reality, with Needham viewing upcoming delivery milestones as "critical catalysts" to bridge sentiment into the 2027 ramp—despite market headwinds.
Rivian's prepping R2 for mass success on two fronts:
RIVN joins Tesla, NIO, and others as a top EV stock to watch today.
Rivian R2 adds LiDAR, revolutionizing self-driving with precise 3D vision even in darkness:
Uber's blockbuster commitment provides Rivian a $1.25B investment for 10,000 R2 robotaxis (option for 40,000 more by 2031), validating its autonomy...