Rivian's asset
Rivian

@rivian.com

Whether it’s taking families on new adventures or helping fleets electrify at scale, our vehicles all share a common goal β€” preserving the natural world for generations to come.

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Rivian is an American electric vehicle startup that was founded in 2009 by Robert Scaringe. The company is headquartered in Irvine, California, United States. Rivian initially focused on developing electric vehicles for military applications.


However, the company shifted its focus to the consumer market and unveiled its first two products, the R1T electric pickup truck and the R1S electric SUV, in 2018. Both vehicles are built on Rivian's flexible skateboard platform, which integrates the battery pack, electric drivetrain, suspension, and other key components into the chassis. Rivian aims to offer high-performance electric vehicles with long-range capabilities.


Both the R1T and R1S have been praised for their off-road capability, spacious interiors, and advanced technology features. The vehicles are designed to compete with established automakers like Tesla and traditional truck manufacturers like Ford and General Motors. In terms of global operations, Rivian has manufacturing facilities in Normal, Illinois, where it acquired a former Mitsubishi Motors factory.


The company also operates a vehicle development center in Plymouth, Michigan. Rivian has secured several noteworthy partnerships and investments. In 2020, the company received investments from Amazon and Ford, which together invested $700 million in the company.


Rivian has also collaborated with Amazon to develop an electric delivery van called the Amazon Prime Van. The company has announced plans to produce 100,000 of these vans by 2030. As of now, Rivian is considered a major player in the electric vehicle market.


The company has received significant attention and secured numerous pre-orders for its vehicles. It has also garnered positive reviews for its innovative designs and capabilities. Rivian is expected to start delivering its vehicles to customers in 2021.


Rivian's current status is that it is actively preparing for the launch of its electric vehicles. The company has raised substantial funds and has established partnerships to support its growth. With its unique offerings and strong market position, Rivian is poised to make a significant impact in the electric vehicle industry

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Company Type

Public Company

Company Size

10,001+

Year Founded

2009

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