Rivian spinoff focuses on small EVs, “ways to move beyond cars”

Rivian R2Spinoff starts with $105 million VC investment, Rivian maintains “substantial minority stake” Products to be affordable, vastly more efficient than today's cars or SUVs In-house-built for core components, may share sales space with Rivian Flagship product coming in early 2026 Do we really need a new generation of EVs that are bigger...