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Posts Tagged: Rivian

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 »

Rivian to install charging stations at all 56 Tennessee state parks

EV startup Rivian, which plans to bring an electric pickup to market this year, followed by an SUV in 2022, is targeting the outdoorsy set, and part of that plan is to deploy public chargers at national and state parks around the country. Now the EV-maker has partnered with the Tennessee Department of Environment and… Read more »

Samsung SDI to be Rivian’s battery cell supplier

EV startup Rivian has announced that South Korean battery giant Samsung SDI will supply cells for its vehicles. The automaker, which plans to begin production of an electric pickup and an SUV this year, has been working with Samsung throughout the process of developing the new cells. Rivian’s vehicles are aimed at the outdoorsy set,… Read more »

Rivian’s Adventure Network will include 3,500 exclusive DC fast chargers

Rivian’s upcoming R1T pickup and R1S SUV are aimed squarely at the outdoorsy, adventurous set, and the company is building an exclusive charging network to match. The Rivian Adventure Network will be a nationwide network of DC fast chargers that connects cities on popular routes across the US and Canada, and also extends into remote… Read more »