Rivian is settling $250 million lawsuit to focus on next year’s R2 EV

Ars TechnicaFriday, October 24, 2025 at 4:30:12 PM
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Rivian is settling $250 million lawsuit to focus on next year’s R2 EV
Rivian has decided to settle a $250 million lawsuit brought by investors who alleged that the company was aware of necessary price increases following its IPO. This settlement allows Rivian to shift its focus towards the development of its upcoming R2 electric vehicle, which is crucial for the company's future growth and competitiveness in the EV market.
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