Morgan Stanley remains cautious on Rivian (RIVN) ahead of the March 12 launch of the R2, maintaining an Underweight rating with a $12 target and citing ramp-up profitability risks, while the broader Street shows a Hold with an average target around $17.32, suggesting modest upside despite near-term hurdles.
UBS analyst Joseph Spak upgrades Rivian (RIVN) to Neutral after a ~27% Friday surge driven by a Q4 beat and bets on the mass‑market R2 to lift 2026 deliveries to about 62k–67k. However, upside is seen as limited if R1/RCV demand falters, EV tax-credit headwinds persist, and production/ADAS execution risk remains, leaving the stock volatile and range‑bound despite UBS raising its target to $16.
Rivian says the R2's rear wiper is tucked into a recessed tailgate pocket to avoid aerodynamic penalties, a move that adds about six miles of range. The design also supports a roll-down rear window, a drainage path to vent water, a heating element to prevent ice, and software that raises the wiper in advance of bad weather—showing the level of aerodynamic optimization Rivian pursued for the R2.
Volvo’s 2028 EX60 Cross Country introduces factory-adjustable air suspension that raises the ride height by 20 mm (up to 40 mm with a button) and can lower at highway speeds for efficiency—a feature Rivian R2 and Tesla Model Y don’t offer. It packs a dual-motor 503 hp powertrain (524 lb-ft), 0–60 mph in 4.5 seconds, and about 300 miles of range from a 91 kWh usable battery (P10 AWD), with DC fast charging up to 370 kW (10–80% in ~18 minutes). EU versions use CCS2, US models use NACS. The Cross Country adds rugged styling, stainless skid plates, a Frost Green finish, and exclusive 21-inch wheels; U.S. deliveries are planned for summer 2027 as a 2028 model, while Europe is already taking pre-orders. Base EX60 starts around $60k; Cross Country pricing hasn’t been disclosed.