"Rivian Unveils Next-Gen R1 Pickup and SUV with Enhanced Performance and Design"

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Source: CNBC
"Rivian Unveils Next-Gen R1 Pickup and SUV with Enhanced Performance and Design"
Photo: CNBC
TL;DR Summary

Rivian Automotive has redesigned its all-electric R1 pickup and SUV models for the 2025 model year, incorporating Nvidia chips to enhance performance and computing power. The new vehicles feature improved range, updated interiors, and a fully redesigned software interface. Despite the upgrades, Rivian's stock remains under pressure due to significant financial losses and a sluggish EV market. The company aims to boost sales of its flagship models before launching less-expensive R2 models in 2026.

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