Posts Tagged: Rivian

Rivian secures $700 million in new investment round led by Amazon

Amazon will lead a $700-million investment round in EV startup Rivian Automotive. Also investing in this round is Rivian’s long-term investment partner, Saudi auto distributor Abdul Latif Jameel. Although it was reported earlier that GM was also in talks with Rivian, the automaker is not involved in this round. Rivian has been raising eyebrows since… Read more »

Rivian plans to use dealerships to service its electric trucks and SUVs

Following Tesla’s lead, EV startup Rivian, which turned heads at the LA Auto Show with its prototype electric pickup and SUV, doesn’t plan to use traditional dealerships to sell its vehicles in most areas. Buyers will order Rivians directly from the company – it’s already accepting pre-orders, secured by refundable $1,000 deposits. Unlike Tesla, however,… Read more »

Rivian reveals impressive electric pickup truck and SUV

Love ‘em or hate ‘em, pickup trucks are popular – they made up 16% of US auto sales in 2017 (per Trucks.com). If EVs are to move into the mainstream, somebody needs to produce a mass-market pickup. Startups Workhorse, Havelaar and Bollinger have pickups in the pipeline; Tesla has been talking; and Ford finally feels… Read more »

Rivian appoints five executives, prepares to launch its first EV in 2020.

EV startup Rivian, which has facilities in Michigan, California and Illinois, plans to introduce its first EV, a five-passenger pickup, in 2020, followed by a seven-passenger SUV. The company recently announced the appointment of five new executives. Mark Vinnels has joined the company as Executive Director of Engineering and Vehicle Programs. Prior to joining Rivian,… Read more »

Yet another EV startup: Rivian buys Illinois Mitsubishi plant

Another secretive startup, another web site with pix of smiling multicultural techies and vaguely-worded flights of eloquence about redefining the automobile. But now Rivian Automotive has taken a concrete step towards realizing its dreams, buying a 2.4-million-square-foot former Mitsubishi factory in Normal, Illinois. According to county records, the company paid $2 million for the 500-acre… Read more »