Rivian confirms expansion plans in Europe

The North American manufacturer Rivian presented its first electric cars in 2021: the R1T pickup and the R1S SUV. A company that also makes vans for Amazon, and that has now confirmed that it will land on the roads of Europe starting this year.

At the moment it is not known which models will be in charge of opening the ground, but it is expected that one of them will be the R1S SUV, and later a new model, which is currently being developed, would do so. the R2, a more compact and affordable proposal that will be based on a new platform.

The new compact SUV should cost between 40,000 and 60,000 dollars before taxes, that is, between 36,000 and 55,000 euros. According to CFO Claire Rauh McDonough, the vehicle aims to compete with other high-volume electric models like the Tesla Model Y.

According to McDonough, the production of the new model is scheduled to begin in 2025-2026, with estimates that already in 2026 production will reach 200,000 units. A fairly ambitious goal that will require a significant effort since, as we remember, in 2022 only 24,337 units of the R1S and R1T have been manufactured.

But the R2 is not the only model that Rivian has in its planning. The company is also working on the R3. A proposal that would be placed halfway between the compact model and its older brothers, in a new product for which there are still no details, but rumors even indicate that it could completely depart from the SUV or Pick-up philosophy of the current range, and launch into the saloon or hatchback market.

Rivian R1S

A proposal that would mix the country aesthetic that has accompanied Rivian since its inception, in a more compact body, and that would even have room to position itself as an even cheaper option than the R2, with a target price of $30,000, which would also allow it to become a global model that pushes sales outside the North American market.

An R3 would arrive after the launch of R2, which brings us to a time frame of its presentation in 2025 and launch in 2027.

The post Rivian confirms expansion plans in Europe appeared first on Latest Car News.


Latest Car News

Comments

Post a Comment

Popular posts from this blog

New KIA e-Niro already has a price in Spain

Image
A few months after its official presentation, KIA opened the order books for the new e-Niro in Spain. The revamped compact SUV, which now sits on the K3 platform already seen in the latest Hyundai Elantra, is slightly longer (6.5 centimeters) than its predecessor and  debuts a completely revamped exterior and interior design . However, mechanically there are not too many changes. The second-generation KIA e-Niro is equipped with a 204 hp (150 kW) and 255 Nm engine coupled to the front axle, thanks to which it can complete the 0 to 100 km/h in 7.8 seconds. Its battery pack will have a capacity of 64.8 kWh, enough to approve a maximum of  463 km WLTP  (its official consumption is 15.9 kWh/100 km), a minimal improvement compared to the 455 km WLTP achieved by its predecessor which tells us that, despite the use of a new platform, the powertrain is likely to be very similar. As for the load, for the moment it has only been revealed that it  will take 43 minutes to go from 10 to 80%  conn
Read more

Peugeot 508 2023: Revealed with new design

Image
Peugeot has introduced the new 508 and station wagon version 508 SW. The design has become modern, as have the engines. We tell you what you need to know. Peugeot unveiled the new 508 and 508 SW. The mid-life facelift brings not only a new look but also new technology. The Peugeot Sport Engineered version has also been revised, and the alternative to the BMW M340i gets a little more power than before. 2023 Peugeot 508 prices and launch date The new Peugeot 508 will be launched in June this year, with deliveries starting shortly thereafter. The exact pricing has not yet been announced, but we expect it to be more expensive than the current model. The 508 in the standard version will probably cost around 47,000 euros, the station wagon is a bit more expensive. Exterior design The Peugeot 508 has always been a great family car, and this facelift brings it up to date for 2023. The most noticeable change can be seen at the front. The grille has been completely revised and now looks muc
Read more

VW thinks price war in China will lead to many bankruptcies

Image
Ralf Brandstätter, CEO of the Volkswagen Group in China , believes that the electric car market is “overheating”, with high investments and aggressive discounts that could threaten the stability of the sector. In particular, he points out that the pressure to which some manufacturers are subjected could lead to their demise. This situation mainly affects younger brands: according to the manager, many new players will urgently have to seek additional capital investment, or else they will go  bankrupt in the short term .  “We are facing a situation where the market is overheating. The consolidation of the playing field is in full swing. Although without making direct mention of Tesla, Brandstätter  is very critical of the price war that has rocked the Chinese market in recent months .  “Currently, there are more than 120 automakers in the [electric vehicle] market, and around 150 new models will be launched by 2023. Intense competition and high battery prices make them face strong econ
Read more