Rivian CEO says R3 will be ‘materially’ cheaper than the R2 — and the R4 will be even cheaper.

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“We haven’t announced pricing yet, but it will move materially lower,” Rivian CEO RJ Scaringe said of the sporty hatchback of my (and many others) dreams, the R3, to the New York Times in a recent interview. “There’s a product beyond that, called R4, which again moves that further.” Wherefore R4? Perhaps one of these mystery vehicles teased a couple years ago? [Link: How to Make More Cars in America? Rivian’s C.E.O.…

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Rivian CEO says R3 will be ‘materially’ cheaper than the R2 — and the R4 will be even cheaper.
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