Source: CNBC
Summary
Rivian, an electric vehicle startup backed by Jeff Bezos, has not yet announced the final pricing for its vehicle. The company plans to start shipping the vehicle by the end of this year. No further details on pricing or production timelines have been disclosed.
Our Reading
The launch follows a familiar script.
Rivian’s electric vehicle is set to start shipping by year’s end. The company has yet to reveal final pricing. This is not the first time a highly-anticipated EV has launched with incomplete details. Rivian’s delayed pricing announcement feels like a page from Tesla’s playbook.
Author: Evan Null
