On top of Rivian’s big VW partnership news today, we also got a look at what some of Rivian’s future plans might include – including some vehicles that we haven’t heard anything about before.
To recap the news, VW will invest up to $5 billion into Rivian and form a joint venture giving VW access to much of Rivian’s electrical and electronic architecture expertise. This will help Rivian with much-needed liquidity as it tries to get costs down and start generating cash flow from vehicle sales, and will help VW with the software issues it has been having in ramping up its EV projects.
To explain the news, Rivian posted a shareholder letter on its website, which is mostly filled with the basic financial details that we saw earlier in press releases.
But it also includes a graphic demonstrating the scalability of Rivian’s software across its platforms, meant to show how Rivian is unifying and simplifying its vehicle control software.
And that graphic has something very interesting – some hidden vehicles that we haven’t heard anything about yet. Have a look:
The obvious ones here are the already-released vehicles, Rivian’s RCV, R1T and R1S. The R1T and R1S are then repeated in column 2, in reference to the newly-released “Gen 2” architecture. This architecture led to a big upgrade in Rivian’s EVs for this model year, cutting lots of cost and complexity.
Then, in column 3, we have the R2 and R3 which Rivian unveiled in March. These will both be built on an architecture Rivian is calling “MSP.”
But despite that we’ve seen these next-gen R1 and MSP vehicles, both columns 2 and 3 have placeholder vehicles under covers.
While these are definitely just placeholder images and could be anything, they are notably a different size/shape than each other, suggesting that the unreleased gen 2 vehicle will be larger than the MSP vehicle.
The gen 2 vehicle could be an upgraded RCV, with more simplified electronics for cost-cutting, but the silhouette doesn’t look right. However, that might be an attempt by Rivian to obfuscate the car’s form, as a van silhouette would be quite obvious.
The unreleased gen 3 vehicle, then, does look lower and smaller than the gen 2. It could indeed be the R3X, but we’ve already seen that one, so it wouldn’t make a lot of sense to put it back under a cover. That said, Rivian was a little more secretive about showing us the interior of the R3X, as compared to the amount of info it gave us about the R2, so it could be the R3X… but wouldn’t it be more fun if it wasn’t?
For one thing, it could potentially be an R2T, a more affordable and smaller truck. While we knew the R2 would come in SUV format, many assumed that Rivian might mention an R2 truck alongside the R2 SUV, given that the company started with a truck to begin with. We didn’t see an R2T at the unveiling, but maybe they’re still working on that. The silhouette under the cover doesn’t look like a truck – but again, that would be a dead giveaway, so it makes sense they’d just use a default image.
Finally, we reach the last column: “affordable mass market.” This, too, is new, and includes three separate vehicle forms. While we’ve already learned not to trust the placeholder images, note that the images are all different, suggesting that there might be a large, medium and small-size vehicle on this eventual platform.
When R2 and R3 were unveiled, many figured that the R3 would likely be lower price than the R2, which Rivian confirmed – but didn’t go any further than that to state a price range. We assumed it would probably be somewhere around the price level of the Volvo EX30 or Chevy Equinox – somewhere in the mid-30s. We figured this was the next step towards mass-market, as it would be lower in price than the R2.
Another category of “affordable mass market” vehicles suggests either that the R3 will be higher in price than we had thought, leaving room in the low-to-mid 30s for a 4th-gen platform, or it suggests that Rivian is working on a ~$25k vehicle to be in the truly affordable mass market range, among the lowest price level offered for new vehicles by most major manufacturers (and in the future dreams of EV makers, like VW’s ~$22k 2027 offering or the fabled $25k Tesla Model 2).
We also don’t know what size those vehicles will be. They may all be “crossover-like” vehicles like those Rivian currently makes and has announced (the R3 sits somewhere between crossover and hot hatch), and the vehicles under the sheets (which, again, we can’t trust) do look to have “Rivian DNA” and may just be photos of the R1, R2 and R3. But perhaps the use of 3 different vehicle sizes suggests that Rivian might be working on a sedan, a compact, a sporty small car, or something along those lines. The company’s first-ever project was a sportscar, after all.
Or maybe it’s nothing at all. We reached out to Rivian about this and were told “it just demonstrates how our software can scale across platforms.”
But if that’s the case, why not use photos of VW vehicles, or why use vehicles that are clearly Rivian-styled rather than generic lumps? Why have a covered vehicle under the Gen 2 column, which presumably wouldn’t be the architecture used by any partnerships (as MSP would likely be ready by the time this VW partnership bears fruit)? So, we still think there’s something here.
A final note is that, while we did know the R2 was coming and saw several leaks in advance of its unveiling, everyone was blindsided by the R3. Similarly, when Rivian first unveiled its R1T in 2018, it was a complete surprise to everyone despite that the automaker had been founded in 2009 and had been working in “stealth mode” since then. So, Rivian does know how to keep secrets, apparently, and your guess is as good as ours as to what’s under those covers.
What do you think Rivian is hiding? Or is it nothing at all? Let us know in the comments.
FTC: We use income earning auto affiliate links.More.
BMW Motorrad’s futuristic electric scooter just got its first real refresh since beginning production in 2021. The BMW CE 04, already one of the most capable and stylish electric maxi-scooters on the market, now gets a set of upgraded trim options, new aesthetic touches, and a more robust list of features that aim to make this urban commuter even more appealing to riders looking for serious electric performance on two wheels.
The BMW CE 04 has always stood out for its sci-fi styling and high-performance drivetrain. It’s built on a mid-mounted liquid-cooled motor that puts out 31 kW (42 hp) and 62 Nm of torque. That’s enough to rocket the scooter from 0 to 50 km/h (31 mph) in just 2.6 seconds – quite fast for anything with a step-through frame.
The top speed is electronically limited to 120 km/h (75 mph), making it perfectly capable for city riding and fast enough to hold its own on highway stretches. Range is rated at 130 km (81 miles) on the WMTC cycle, thanks to the 8.9 kWh battery pack tucked low in the frame.
But while the core performance hasn’t changed, BMW’s 2025 update focuses on refining the package and giving riders more options to tailor the scooter to their taste. The new CE 04 is available in three trims: Basic, Avantgarde, and Exclusive.
Advertisement – scroll for more content
The Basic trim keeps things clean and classic with a Lightwhite paint scheme and a clear windshield. It’s subtle, sleek, and very much in line with the CE 04’s clean-lined aesthetic. The Avantgarde model adds a splash of color with a Gravity Blue main body and bright São Paulo Yellow accents, along with a dark windshield and a laser-engraved rim. The top-shelf Exclusive trim is where things get fancy, with a premium Spacesilver metallic paint job, upgraded wind protection, heated grips, a luxury embroidered seat, and its own unique engraved rim treatment.
There are also a few new tech upgrades baked into the options list. Riders can now spec a 6.9 kW quick charger that reduces the 0–80% charge time to just 45 minutes (down from nearly 4 hours with the standard 2.3 kW onboard charger). Tire pressure monitoring, a center stand, and BMW’s “Headlight Pro” adaptive lighting system are also available as add-ons, along with an emergency eCall system and Dynamic Traction Control.
BMW has kept the core riding components in place: a steel-tube chassis, 15-inch wheels, Bosch ABS (with optional ABS Pro), and the impressive 10.25” TFT display with integrated navigation and smartphone connectivity. The under-seat storage still swallows a full-face helmet, and the long, low frame design means the scooter looks like something out of Blade Runner but rides like a luxury commuter.
With these updates, BMW seems to be further cementing the CE 04’s role at the high end of the electric scooter market. It’s not cheap, starting around €12,000 in Europe and around US $12,500 in the US, with prices going up from there depending on configuration. However, the maxi-scooter delivers real motorcycle-grade performance in a package that’s easier to live with for daily riders.
Electrek’s Take
I believe that the CE 04’s biggest strength has always been that it’s not trying to be a toy or a gimmick. It’s a real vehicle. Sure, it’s futuristic and funky looking, but it delivers on its promises. And in a market that’s still surprisingly sparse when it comes to premium electric scooters, BMW has had the lane mostly to itself. That may not last forever, though. LiveWire, Harley-Davidson’s electric spin-off brand, has teased plans for a maxi-scooter-style urban electric vehicle in the coming years, but as of now, it remains something of an undefined future plan.
Meanwhile, BMW is delivering not just a concept bike but a mature, well-equipped, and ready-to-ride electric scooter that keeps improving. For riders who want something faster and more capable than a Class 3 e-bike but aren’t ready to jump to a full-size electric motorcycle, the CE 04 hits a sweet spot. It delivers the performance and capability of a commuter e-motorcycle, yet with the approachability of a scooter. And with these new trims and upgrades, it’s doing it with even more style.
FTC: We use income earning auto affiliate links.More.
If you’ve ever wondered what happens when you combine a fruit cart, a cargo bike, and a Piaggio Ape all in one vehicle, now you’ve got your answer. I submit, for your approval, this week’s feature for the Awesomely Weird Alibaba Electric Vehicle of the Week column – and it’s a beautiful doozie.
Feast your eyes on this salad slinging, coleslaw cruising, tuber taxiing produce chariot!
I think this electric vegetable trike might finally scratch the itch long felt by many of my readers. It seems every time I cover an electric trike, even the really cool ones, I always get commenters poo-poo-ing it for having two wheels in the rear instead of two wheels in the front. Well, here you go, folks!
Designed with two front wheels for maximum stability, this trike keeps your cucumbers in check through every corner. Because trust me, you don’t want to hit a pothole and suddenly be juggling peaches like you’re in Cirque du Soleil: Farmers Market Edition.
Advertisement – scroll for more content
To avoid the extra cost of designing a linked steering system for a pair of front wheels, the engineers who brought this salad shuttle to life simply side-stepped that complexity altogether by steering the entire fixed front end. I’ve got articulating electric tractors that steer like this, and so if it works for a several-ton work machine, it should work for a couple hundred pounds of cargo bike.
Featuring a giant cargo bed up front with four cascading fruit baskets set up for roadside sales, this cargo bike is something of a blank slate. Sure, you could monetize grandma’s vegetable garden, or you could fill it with your own ideas and concoctions. Our exceedingly talented graphics wizard sees it as the perfect coffee and pastry e-bike for my new startup, The Handlebarista, and I’m not one to argue. Basically, the sky is the limit with a blank slate bike like this!
Sure, the quality doesn’t quite match something like a fancy Tern cargo bike. The rim brakes aren’t exactly confidence-inspiring, but at least there are three of them. And if they should all give out, or just not quite slow you down enough to avoid that quickly approaching brick wall, then at least you’ve got a couple hundred pounds of tomatoes as a tasty crumple zone.
The electrical system does seem a bit underpowered. With a 36V battery and a 250W motor, I don’t know if one-third of a horsepower is enough to haul a full load to the local farmer’s market. But I guess if the weight is a bit much for the little motor, you could always do some snacking along the way. On the other hand, all the pictures seem to show a non-electric version. So if this cart is presumably mobile on pedal power alone, then that extra motor assist, however small, is going to feel like a very welcome guest.
The $950 price is presumably for the electric version, since that’s what’s in the title of the listing, though I wouldn’t get too excited just yet. I’ve bought a LOT of stuff on Alibaba, including many electric vehicles, and the too-good-to-be-true price is always exactly that. In my experience, you can multiply the Alibaba price by 3-4x to get the actual landed price for things like these. Even so, $3,000-$4,000 wouldn’t be a terrible price, considering a lot of electric trikes stateside already cost that much and don’t even come with a quad-set of vegetable baskets on board!
I should also put my normal caveat in here about not actually buying one of these. Please, please don’t try to buy one of these awesome cargo e-trikes. This is a silly, tongue-in-cheek weekend column where I scour the ever-entertaining underbelly of China’s massive e-commerce site Alibaba in search of fun, quirky, and just plain awesomely weird electric vehicles. While I’ve successfully bought several fun things on the platform, I’ve also gotten scammed more than once, so this is not for the timid or the tight-budgeted among us.
That isn’t to say that some of my more stubborn readers haven’t followed in my footsteps before, ignoring my advice and setting out on their own wild journey. But please don’t be the one who risks it all and gets nothing in return. Don’t say I didn’t warn you; this is the warning.
FTC: We use income earning auto affiliate links.More.
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024.
Anadolu | Anadolu | Getty Images
Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they continue to unwind a set of voluntary supply cuts.
This subset of the alliance — comprising heavyweight producers Russia and Saudi Arabia, alongside Algeria, Iraq, Kazakhstan, Kuwait, Oman and the United Arab Emirates — met digitally earlier in the day. They had been expected to increase their output by a smaller 411,000 barrels per day.
In a statement, the OPEC Secretariat attributed the countries’ decision to raise August daily output by 548,000 barrels to “a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories.”
The eight producers have been implementing two sets of voluntary production cuts outside of the broader OPEC+ coalition’s formal policy.
One, totaling 1.66 million barrels per day, stays in effect until the end of next year.
Under the second strategy, the countries reduced their production by an additional 2.2 million barrels per day until the end of the first quarter.
They initially set out to boost their production by 137,000 barrels per day every month until September 2026, but only sustained that pace in April. The group then tripled the hike to 411,000 barrels per day in each of May, June, and July — and is further accelerating the pace of their increases in August.
Oil prices were briefly boosted in recent weeks by the seasonal summer spike in demand and the 12-day war between Israel and Iran, which threatened both Tehran’s supplies and raised concerns over potential disruptions of supplies transported through the key Strait of Hormuz.
At the end of the Friday session, oil futures settled at $68.30 per barrel for the September-expiration Ice Brent contract and at $66.50 per barrel for front month-August Nymex U.S. West Texas Intermediate crude.