Posted 3/7/2024, 7:19:07 PM
Rivian Unveils New R3 Electric Hatchback, Light on Details But Boosts Stock
- Rivian surprised announced the R3 electric hatchback at an event for its new R2 SUV
- The R3 has a similar design to the Honda E and VW Golf and will target the small EV market dominated by Tesla
- Rivian shared very few details - no timeline, pricing, range info, or if the prototype shown even works
- The R3 will use the R2 platform, have a shorter wheelbase, and an R3X performance variant
- The announcement boosted Rivian's stock as it aims to build more vehicles after a disappointing 2023