There’s been good news and bad news for Rivian this week. PV Magazine reported that the automaker has installed a solar canopy with a capacity of 783 kW at its factory in Normal, Illinois. The facility, which was developed by ForeFront Power, is used to charge Rivian electric trucks as they come off the production… Read more »
Search Results Found For: "Rivian"
First of Amazon’s Rivian electric delivery vehicles hit the road
In 2019, Amazon ordered 100,000 electric delivery vans from Rivian. It was an impressive vote of confidence in the startup EV-maker, and it remains one of the largest orders for commercial vehicles in the US market. Now those vehicles have started hitting the road in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle,… Read more »
Entec Polymers and Rivian support public chargers at Oregon state parks
Plastic manufacturer Entec Polymers has partnered with Adopt a Charger and Rivian to support public charging stations at selected state parks in Oregon. Over the course of the next year, Level 2 EV chargers will be installed in selected state parks as part of a pilot project created by the Oregon Parks and Recreation Department… Read more »
Rivian working on 800-volt architecture, bidirectional charging, in-house drive units and battery cells
EV startup Rivian’s Q4 2021 Shareholder Letter is reminiscent of the ones we used to see from a certain other Californian EV startup in its idealistic younger days—full of forward-looking technical innovations. Rivian appears to embracing several current trends on the EV scene—going bidirectional and moving towards 800 volts, LFP cells and more in-house production… Read more »
Rivian to build $5-billion battery and assembly plant near Atlanta
Rivian Automotive is the brightest rising star in the EV firmament at the moment, and it’s flush with cash following a $11.9 billion stock offering in November. Now the company has announced plans to put some of that nest egg to work at a new $5-billion battery and assembly plant east of Atlanta, which is… Read more »
2022 Rivian R1T: A real pickup truck makes an impressive debut
Could Rivian emerge as “the next Tesla?” On the strength of its debut truck, that’s not an unreasonable question. If you want to attract attention, keeping a company in stealth mode for several years is a good way to do it. The startup carmaker Rivian was founded a decade ago by RJ Scaringe, but it… Read more »
Rivian becomes one of the world’s most valuable automakers—with no revenue
Are investors farsighted or foolhardy? A little of both, in our view—but there’s no question that Wall Street believes in an electric future. EV startup Rivian went public last week, raising nearly $12 billion to give the company a valuation of around $77 billion. Since then, RIVN stock has soared, making the company one of… Read more »
Here come the electric pickup trucks! Rivian R1T in production, Ford boosts investment in F-150 Lightning
A startup EV-maker has won the symbolic victory of producing the first mass-market electric pickup truck. The first production Rivian R1T electric pickup truck has rolled off the assembly line at the company’s factory in Normal, Illinois. “After months of building pre-production vehicles, this morning our first customer vehicle drove off our production line,” wrote… Read more »
Rivian files for IPO at $80 billion valuation
Rivian Automotive has filed for an initial public offering and is seeking a roughly $80 billion valuation, Bloomberg reports. The Irvine, California-based EV startup has submitted its S-1 registration to the Securities and Exchange Commission, and hopes to make its IPO around the Thanksgiving holiday. Among the thundering herd of EV startups, Rivian is widely… Read more »
Fort Worth offers Rivian $440 million in incentives to build its second EV factory
Rivian, which is nearing production of its eye-catching electric pickup truck, has a factory in Normal, Illinois, and has been actively scouting sites to build a second. Now the city of Fort Worth, Texas, has approved a package of incentives to tempt the EV startup to build its next factory there. The Fort Worth City… Read more »