Rivian ventures away from cars, heads down an unexpected avenue
The EV startup is focusing on expanding into an unexpected market.
After a highly volatile 2024, the electrical automobile (EV) market has not stabilized thus a long way in 2025. The most modern U.S. presidential administration’s lack of model out clear vitality has resulted in a questionable outlook for the industry.
Once the field’s most promising startup, Rivian (RIVN) is caught within the throes of an superior financial system and faces constant challenges because it struggles to compete with Tesla (TSLA) . Its electric vans and SUVs stay standard amongst the firm’s fanbase, nevertheless that hasn't been enough to force wholesome share boost.
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