Search results for R2 SUV
Mobility
Rivian CEO to lay out strategy beyond EVs with robots and autonomous driving
Rivian is seeking to expand into the mass market by leading with the launch of its mid-priced electric SUV, the R2, while also widening its business into autonomous driving, charging infrastructure and humanoid robots. TechCrunch reported that CEO RJ Scaringe will explain the rationale and manufacturing lessons behind the strategy at Disrupt 2026 in San Francisco in October. Rivian has also set a Level 4 autonomous-driving roadmap and is building a charging network in the United States.
Industry
Rivian secures additional $1 billion investment from Volkswagen
Volkswagen will invest an additional $1 billion in Rivian after winter testing is completed for the jointly developed electric vehicle ID EVERY1, TechCrunch reported. Of the amount, $75 million will be an equity investment, while $25 million will be provided as equity or convertible notes. Volkswagen has already invested more than $3 billion in Rivian and granted an option to lend an additional $1 billion from October.
Mobility
Tesla to make its own semiconductors for EVs and space
Tesla is moving ahead with plans to build a massive AI infrastructure dubbed the Terafab project, with the possibility of a capital increase being discussed. Elon Musk outlined a blueprint mobilising SpaceX, xAI and other key companies. The company also faces uncertainty from delays in European approval for FSD while teasing a next-generation Roadster and other patents. Rival automakers and robotaxi developers are stepping up competition, amid shifting EV market dynamics and rising oil prices.
