Rivian says R3 will cost ‘materially’ less than R2, R4 pricing goes even lower

On the Dash: Rivian’s next two vehicles will undercut the R2 on price, CEO says No pricing yet, but Rivian’s CEO says the gap between models is growing CEO RJ Scaringe gives no numbers, but signals Rivian’s cheapest EV is still ahead Rivian CEO RJ Scaringe said the company’s upcoming R3 crossover will be priced “materially lower” than the R2, with a further model, the R4, pushing prices down again, according to a Corner Office interview published by The New York Times. However, Scaringe stopped short of attaching a specific price to either vehicle. When asked whether the EV maker was working on something cheaper than the R2, Scaringe said…

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