Rivian Automotive Inc Class A
RIVN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| F>G | LOCK|kK | LOCK|<C&k?L |
Rivian Poised for Growth From Shift to Lower-Priced Vehicles and Autonomous Driving Software
Business Strategy and Outlook
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The firm began deliveries in 2021 and currently sells a luxury truck, the R1T, a luxury full-size SUV, the R1S, and a delivery van. Rivian aims to compete in the entry-level luxury car and midsize crossover sport utility vehicle markets, set to launch in 2026. Rivian plans to launch a second midsize SUV in the coming years.
