Rivian aims to cut material costs by 45% with the introduction of its Gen 2 platform by 2026, a critical step towards achieving profitability by 2027.
Rivian delivered 51,579 electric vehicles in 2025, exceeding market analysts' expectations, showcasing the company's increasing production efficiency despite earlier challenges.
The electrification trend is reshaping the automotive industry, with Rivian targeting significant growth in production capacity and cost reduction as key growth drivers.
Despite a downturn with stock prices falling 82.25% since its IPO, Rivian is focused on growth and profitability strategies to rebound by 2030.
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