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Business · Updated 21 Oct, 01:42 am IST

Rivian rises to #2 US EV brand as market reshuffles

Image: Electrek

Why it matters for readers: Explains why you might be seeing more Rivian vehicles and how broader forces change EV availability.

  • Rivian is now the #2 EV brand in the US, up from #10 last year.1
  • The rise comes amid volatile US EV sales driven by prior incentive expiries and record-setting prior quarters.1
  • UC Davis research is cited to argue that many automakers are slowing EV production, limiting US EV availability.1
  • Higher global oil prices are noted as strengthening the case for electric vehicles.1
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