Tesla may be the software king, but Rivian is emerging as the new underdog the industry is increasingly paying attention to.
A few weeks ago, Rivian inked a deal with the Volkswagen Group to license its software and electrical architecture. Recently, the startup also introduced huge upgrades to the second generation R1S and R1T. One of those upgrades included adding a lithium-iron phosphate (LFP) battery pack for the base version, dramatically improving its charging times.