Rivian Reaches $250 Million Settlement in Class-Action Lawsuit
1 day ago / Read about 0 minute
Author:小编   

Rivian has finalized a settlement in response to the claims put forward by buyers of its 2022 Class A common stock. It's important to note that this settlement agreement is still awaiting court approval, and crucially, it does not imply any acknowledgment of fault or wrongdoing on Rivian's part. By taking this step, Rivian can redirect its resources and attention towards the highly anticipated launch of the mass-market R2 model, which is slated for the first half of 2026. This strategic move not only resolves a potential legal hurdle but also positions Rivian to better focus on its future product offerings and market expansion.