1013 ET - Rivian not introducing its Gen 3 platform until early 2027 poses a significant risk for near-term demand, say Morgan Stanley analysts. Autonomous optionality is core value proposition of battery electric vehicles and the delay of the most advanced autonomy platform could hurt customer interest for now, the analysts say. "The decision to tier the hardware sensor suite introduces an 'upper-bound' to autonomous capabilities on earlier generation vehicles…potentially driving more customers to wait for the next gen product," they say. That could hurt demand for both the company's R1 and R2 cars, extending the path to profitability.(nicholas.miller@wsj.com)
(END) Dow Jones Newswires
May 01, 2026 10:13 ET (14:13 GMT)
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