Rivian CEO Scaringe expects U.S. EV growth to pick up with more model choices

The Rivian R1S, shown in a Seattle showroom, starts at $76,700 including shipping. Rivian cut prices on its base R1 models by $3,100 in February to spur demand. (JACK WALSWORTH)

May 31, 2024 05:00 PM

Rivian CEO RJ Scaringe said the slowdown in EV adoption will shift toward stronger growth with the introduction of new models in coming years, such as Rivian's own R2 crossover launching in 2026.

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