Should You Buy Rivian Stock Before 2027?
Rivian (NASDAQ: RIVN) is due to launch its more affordable midsize SUVs in 2026. The fleet of R2 electric vehicles is an inflection point for Rivian, which has thus far manufactured only luxury trucks and SUVs. The starting price for its new generation is around $45,000.
So, should you buy Rivian stock this year? Let's take a look.
If Rivian's R2 fleet is well-received by consumers, it could mark a turning point for the company as it wrestles away market share from industry leader Tesla, as well as other legacy manufacturers. Rivian also has a technological advantage as it is nearly fully vertically integrated. The company is also set to introduce bidirectional charging technology with the R2, a feature that could truly differentiate it from competitors.
Source Fool.com
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