The publicly traded company is now a few months away from delivering its most important EV yet, a mid-sized SUV called the R2. This EV is cheaper to build than its flagship R1 counterpart (Scaringe tells me 'roughly half' the cost), and yet, in many ways is more technologically capable. It will also be cheaper for buyers; the first version of the R2 will start at $57,990, 20% cheaper than its base R1T pickup. And then there's Also, the micromobility startup that began as a skunkworks program within Rivian and spun out last year backed by VC money. Also, which Rivian maintains a minority stake in, launched a pedal-assist modular electric bike and cargo quad vehicle last October. Scaringe is deeply involved with that startup as well. Mind Robotics was not born within the walls of Rivian, although the automaker may someday be a customer. Mind Robotics is a private company founded by Scaringe that recently raised a $500 million Series A round co-led by venture firms Accel and Andreessen...
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