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Rivian and Volkswagen Group officially launch joint venture

German automaker Volkswagen and US EV manufacturer Rivian Automotive have announced the official start of the two companies’ joint venture. The news comes months after VW said that it would invest $5 billion in Rivian. That investment has now grown to $5.88 billion. The JV will focus its efforts on the development of electrical architecture… Read more »

Octopus Energy and Rivian partner on new home energy plan

Houston-based renewable energy company Octopus Energy has introduced a home energy program with California-headquartered EV maker Rivian.  All Rivian customers in those parts of Texas where Octopus is an eligible energy provider will be offered a time-of-use energy rate plan with an overnight off-peak discount of up to 50%. “Demand flexibility is the key to… Read more »

Volkswagen to invest up to $5 billion in Rivian over the next 2 years, companies will share software

The Volkswagen Group will invest up to $5 billion in US EV maker Rivian in a complex deal under which the two companies will form an equally-owned joint venture to share EV architecture and software. As reported by Reuters, Volkswagen will immediately invest $1 billion in Rivian through a convertible note, and also pledges to… Read more »

Rivian receives state funding to expand its Illinois EV factory

US EV manufacturer Rivian has received an $827-million incentive package from the Illinois Department of Commerce & Economic Opportunity to expand the capacity of its plant in the state. The funding will enable Rivian to upgrade the facility over the coming months to manufacture the R2, its midsized SUV model. At the same time, the… Read more »

AT&T to add Rivian electric delivery vehicles to its fleet

In November, Rivian Automotive announced that it would begin marketing its electric commercial vans to customers beyond Amazon, which collaborated with the automaker to develop an electric delivery van. Now Rivian has revealed that its next customer will be AT&T, which will begin a pilot of the Rivian Commercial Van and R1 vehicles in early… Read more »

Rivian launches leasing for R1T electric pickup truck in 14 states

Rivian has launched a leasing program for its R1T electric pickup truck for customers in selected US states. Customers in Arizona, California, Colorado, Florida, Georgia, Massachusetts, Michigan, Missouri, New Jersey, New York, Nevada, Pennsylvania, Texas and Washington can now sign up to lease an R1T pickup from the automaker’s existing inventory. The $7,500 federal tax… Read more »

Rivian to market its electric commercial vans to customers beyond Amazon

Back in 2019, EV startup Rivian scored a great coup—an order for 100,000 electric delivery vans from Amazon. The fat order from the delivery giant gave Rivian what every young company dreams of: a solid source of income that gave it the resources to pursue its true passion (which, for Rivian, means pickups and SUVs… Read more »

EVgo adds Rivian to its Autocharge+ seamless charging system

One of many complaints about public charging is that some public chargers require EV drivers to go through a cumbersome process involving apps and logins before charging. Plug & Charge, based on the ISO 15118 standard, eliminates all that, handling authentication and billing automatically when a driver plugs in. (This is basically the same feature… Read more »

Amazon brings Rivian electric delivery vans to Germany

In 2019, Amazon announced an order of 100,000 electric delivery vehicles from then-startup Rivian, and the two companies collaborated to design a new state-of-the-art EV. Amazon began rolling out the new electric vans in the summer of 2022. The company says it now has 3,000 Rivian vans in service across the US, along with 2,000… Read more »

Rivian becomes latest US automaker to adopt Tesla’s EV charging system

Rivian has followed Ford and GM in hooking up with EV charging trendsetter Tesla. Rivian drivers will have access to Tesla’s Supercharger network across the US and Canada. The company will also continue to expand its own Rivian Adventure Network, which will comprise some 3,500 chargers at 600 sites along routes and highways popular with… Read more »