Now is a turbulent time for startup makers of electric vehicles (EVs). Some are growing, and some are going away. Rivian, with an increasing investor base, expanded manufacturing, and more affordable models in the production pipeline, seems to be among the former. As Rivian establishes itself, it may take some time to create a certified pre-owned (CPO) program on its used Rivian models, given it’s still trying to catch up to consumer demand for new orders. Check back for further developments.
Cox Automotive, the parent company of Kelley Blue Book, is a minority investor in Rivian.
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