In the first quarter of 2025, the Rivian automaker delivered results that far exceeded market expectations - a loss per share of just 41 cents versus the 76 cents expected and sales of $1.24 billion instead of the $1.01 billion expected. The company also posted its highest ever quarterly gross profit and saw a noticeable improvement in operating cash flow. All of this as it prepares for a strategically crucial moment - the launch of the R2, which is designed to strengthen its position in the market for more affordable electric SUVs.

Behind the strong numbers are technological advances and significant reductions in production costs. Rivian $RIVN has unveiled the second generation of its R1 platform with improved autonomous driving, which now includes a hands-free driving feature. By vertically integrating hardware and software, the company has accelerated development and deployment of new features. In addition, it continues to expand production capacity, expand customer infrastructure…