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Is Rivian Stock a Buy Now?

TheMotleyFool

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Innovations in battery technology, charging infrastructure, and falling costs could help electric vehicles (EVs) achieve widespread adoption.

One company working on this is Rivian (NASDAQ: RIVN), a U.S.-based EV maker focused on luxury vehicles. Its vehicles aim to deliver performance and sustainability, and the company has ambitious plans to expand its product lineup. However, before buying the stock, there are some things you'll want to know about the company first.

Established in 2009, Rivian designs, develops, and manufactures premium electric vehicles (EVs). Their lineup features the rugged R1T pickup truck, the versatile R1S SUV, and the eco-friendly Rivian electric delivery van.

Source Fool.com

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