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What Rivian And Lucid's Latest Earnings Say About The EV Startup Race
['Tim Levin']
InsideEVs - Articles
Five years ago, Rivian and Lucid were almost always mentioned in the same breath.
[We discuss Rivian, Lucid, Ford's Fathom EV truck, and more on this week's Plugged-In Podcast, available here.]
Rivian came out of the gates with a premium pickup truck and SUV, vehicles Americans clearly crave in bigger numbers.
The company still expects to lose money this year, and it needs to successfully launch the R2 into a weaker EV market.
Not too long ago, Rivian and Lucid were basically running the same race.