Bringing a new vehicle into production is an undertaking that has bankrupted many a would-be automaker. EV trend-setter Tesla started out with just one low-volume model, and narrowly survived the experience. Electric truck startup Rivian Automotive plans to launch three new vehicles in the space of a few months. Rivian-watchers say the company is counting… Read more »
Search Results Found For: "rivian"
Rivian Adventure Network may offer 300 kW of charging power
Rivian is targeting the sporty set with its upcoming R1T pickup truck and R1S SUV. The company understands the importance of public charging infrastructure, and it plans to roll out its own network—one that will cater to its target demographic. In addition to fast chargers located in the usual locations along interstate highways, the Rivian… Read more »
Rivian takes an adventurous approach to its charging network
As it prepares for the first deliveries of its R1T pickup truck and R1S SUV, Rivian is taking a page from Tesla’s book, making plans to set up its own public charging network (Tesla wasn’t thrilled about sharing that particular page—in July, it sued Rivian, claiming that the younger company had stolen trade secrets). As… Read more »
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 »
Amazon and Rivian work together to develop new electric delivery van
Amazon caused quite a stir when it announced an unprecedented order for 100,000 electric delivery vans from Michigan-based Rivian. Would a startup company be able to fill such a large order on such a tight timeline? The first of the new EVs is scheduled to hit the road in 2021, and Amazon hopes to have… 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 »