DAILY ROUNDUP | JUN 11 | Rivian $...
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DAILY ROUNDUP | JUN 11 | Rivian $45K R2, GM V2G, 48% Power Rise, £2M Lookers
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Auto News Talk di Auto News Talk

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The auto business is moving past the shiny-metal era, where survival depends less on horsepower and more on service speed, battery economics, customer experience, and recurring revenue.

Today’s episode breaks down Rivian’s $45,000 R2 profitability push, GM’s vehicle-to-grid energy play, 48% higher residential electricity prices, Rivian’s 40-to-50-day service backlog problem, and Lookers’ £2 million Mercedes-Benz showroom redesign.

Today's Key Headlines

~Rivian targets a roughly $45,000 entry price for the R2 SUV ~Rivian cuts the R2 bill of materials roughly in half versus the R1S

~GM expands into vehicle-to-grid services as residential electricity prices rise roughly 48%

~Rivian service wait times once stretched 40 to 50 days in some markets

~Lookers invests £2 million to refurbish a Mercedes-Benz retail sit ... 

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