Search Results Found For: "rivian"

Amazon reveals first of Rivian electric delivery vans

Amazon is pursuing a multi-track strategy to electrify its delivery fleet. The company already operates hundreds of EVs worldwide, including e-cargo bikes in New York City and Europe. It plans to add 1,800 electric delivery vehicles to its European fleet this year, and 10,000 in India by 2025. The retail/delivery/IT conglomerate has ordered electric vans… Read more »

Guidehouse Insights report identifies Rivian, Nio, and Nikola as “leading EV upstarts”

Global interest in plug-in vehicles continues to grow, but Big Auto continues to take only timid and halting steps toward electrification. This presents opportunities for bold new competitors to establish footholds in the auto market of the future. A new report from Guidehouse Insights identifies some of the “leading EV upstarts.” Guidehouse notes that momentum… Read more »

Rivian raises $2.5 billion in new funding

Investors are pouring money into EV companies—as shares in Tesla, Nio and newly public Nikola soar, Rivian, which has attracted loads of media attention for its planned electric pickup and SUV, has raised $2.5 billion in new funding in a round led by T. Rowe Price. The company has raised about $6 billion in funding… Read more »

Ford cancels Rivian EV project due to “current environment”—development of new gas models continues

We’re learning more about the coronavirus every day. Now it seems that it infects EVs, but not ICE vehicles. Ford and Rivian have canceled their plans to jointly develop an EV for the Lincoln brand, citing the “current environment” around the ongoing coronavirus crisis as the reason. Although development of some of Ford’s new gas-powered… Read more »

Colorado to allow direct sales model—good news for Tesla and Rivian

The tedious and complicated war between Tesla and the auto dealers continues to drag on. At present, the country is a patchwork—some states explicitly allow Tesla’s direct sales model, some explicitly prohibit it, and in others some sort of compromise has been reached. Tesla recently won an important battle in Michigan, and now it appears… Read more »

Lincoln and Rivian confirm partnership to develop new EV

Ford subsidiary Lincoln has formally confirmed that it is working with Rivian to develop a new EV – the partnership was announced last November when Ford invested $500 million in the EV startup. Lincoln’s first fully electric vehicle will join the Aviator and Corsair Grand Touring PHEVs in the brand’s plug-in lineup. The new EV… Read more »

Q&A with Rivian’s VP of Propulsion (Full Interview)

The electromobility revolution is gathering speed, but the world’s EV-makers have fallen behind popular tastes in terms of the form factors auto buyers want, and this has emerged as a roadblock to mass adoption. Buyers love SUVs and pickups, and automakers love the high profit margins associated with these models. Electric SUVs are starting to… Read more »

Rivian raises $1.3 billion in funding

Rivian, an automaker that revealed its prototype electric pickup and SUV in November 2018, has raised $1.3 billion in a recent funding round led by T. Rowe Price Associates. Amazon and Ford also participated in the funding round. Designed as all-terrain EVs, Rivian’s launch products, the R1T pickup and R1S SUV, are notable for their… Read more »

Rivian’s VP of Propulsion: Thermal issues are the dominant limiting factor for maximizing EV performance

Charged recently chatted with Rivian’s VP of Propulsion Richard Farquhar to learn more about the design and development of the company’s unique electric platform (read the whole story in our upcoming issue). Farquhar spent 15 years as Powertrain Director at McLaren Automotive, designing and developing some of the highest-performance propulsion systems in the world for… Read more »