Rivian

Forbes reports that Rivian's upcoming R2 electric SUV is positioned to shake up the American EV market. The midsize, more affordable model is expected to broaden Rivian's appeal beyond its premium trucks and challenge established electric SUVs from Tesla and legacy automakers. Attention is focused on pricing, range and Rivian's ability to scale production profitably.

Rivian and Lucid have released their latest quarterly earnings, and analysts are reading the results as a measure of which electric vehicle startup is on a more sustainable path. Coverage from industry outlets focuses on cash burn, production targets and how long both companies can hold out against established automakers and Tesla.