EV maker Rivian expects Austin to be a 'really large market'
Rivian Automotive Inc. is launching its new R2 electric SUV and expects Austin to be a major market. The company is investing in a $9.5 million service and sales center in Round Rock and plans to expand its customer base in Texas.
Rivian Automotive Inc. is launching its new R2 electric SUV. The company expects Austin to be a major market and is investing in a $9.5 million service and sales center in Round Rock. Rivian's R2 will start at $57,990 for a performance model, with lower-cost versions expected to reach about $48,490. The company is also investing in autonomous technology, with a deal to supply 10,000 fully autonomous R2 SUVs to Uber for use as robotaxis. Rivian's expansion into Austin brings it into competition with Tesla, which operates a Gigafactory in Travis County. Rivian plans to add more service centers nationwide as it puts additional vehicles on the road.
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