What's New For Rivian's R1T And R1S Next Year? Leaked Documents Hint At Efficiency Boost With Heat Pump, Battery Suprise
Portfolio Pulse from Anan Ashraf
Rivian Automotive Inc (NASDAQ:RIVN) has applied to the EPA for certification of its 2025 model year R1T and R1S, revealing significant updates including a heat pump, smaller battery, and new aerodynamic wheels. The company aims to improve efficiency and reduce costs with these changes.
May 22, 2024 | 8:17 am
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Rivian's application to the EPA for its 2025 R1T and R1S models reveals significant updates aimed at improving efficiency and reducing costs. These changes could positively impact the company's stock in the short term.
The introduction of a heat pump, smaller battery, and new aerodynamic wheels are significant updates that could enhance the efficiency and appeal of Rivian's vehicles. These changes, along with cost-saving measures, are likely to be viewed positively by investors, potentially boosting the stock price in the short term.
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