33 Facts About Rivian

Rivian Automotive, Inc is an American electric vehicle automaker and automotive technology company founded in 2009.

Rivian is building an electric sport utility vehicle and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies.

Rivian started deliveries of its R1T pickup truck in late 2021.

Rivian is based in Irvine, California, with its manufacturing plant in Normal, Illinois, and other facilities in Palo Alto, California; Carson, California; Plymouth, Michigan; Vancouver, British Columbia; Wittmann, Arizona; and Woking, England.

Additionally, Rivian has plans to build another US$5 billion factory in Georgia.

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However, it was shelved in late 2011 as Rivian looked to restart its business in an effort to have a larger impact on the automotive industry.

Rivian received a large investment and grew significantly in 2015, opening research facilities in Michigan and the Bay Area.

Shortly thereafter, Rivian began working exclusively on electric autonomous vehicles, in an attempt to build a network of related products.

In January 2017, Rivian acquired the plant and its manufacturing contents for $16 million, with the plant to become Rivian's primary North American manufacturing facility.

In December 2017, Rivian revealed its first two products: an electric five-passenger pickup truck and an electric seven-passenger SUV, provisionally named the A1T and A1C, respectively.

In late 2020, Rivian planned to begin shipments of the R1T in June 2021.

In September 2021, Rivian became the first automaker to bring a fully electric pickup to the consumer market, beating industry mainstays such as GM, Ford, and Tesla.

On November 19,2021, Ford and Rivian announced that the two automakers no longer plan to co-develop an electric vehicle.

Ford announced the company would retain a 12 percent stake in Rivian, which reached a value of more than $10 billion after the IPO.

In December 2021, at the same time that Rivian began to deliver their R1S SUVs, Rivian's chief operations officer, Rod Copes, stepped down and retired from the company as they began to ramp up production of their vehicles.

On March 14,2022, Rivian announced the company hired Frank Klein as their COO or Chief Operations Officer.

In March 2022, Rivian made it to TIME's List of 100 Most Influential Companies of the year 2022.

In September 2022, Rivian signed an MoU with Mercedes-Benz Group to establish a joint venture to invest in and operate a factory in Europe, producing large commercial electric vans starting in a "few years".

In October 2022, Rivian issued a recall of 13,000 vehicles after a manufacturing error was found.

Rivian R1T is offered with three battery sizes: 105 kWh, 135 kWh, or 180 kWh.

Rivian said this would help it "streamline" its supply chain issues and deliver as many vehicles as possible.

Rivian's relatively flat, low center of gravity chassis is a typical electric vehicle skateboard, which enables straightforward modification for different body types.

Rivian entered into a commercial agreement with its investor Amazon, Inc in February 2019.

In March 2021, Rivian announced ambitious plans to develop a network of public charging stations across the United States and Canada by the end of 2023.

Rivian is headquartered in Irvine, California, with its location focusing on vehicle engineering and design, propulsion and battery system development, and commercial functions.

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Rivian has additional office locations in Carson, California, and Woking, England, working on electric power conversion and advanced engineering, respectively.

In December 2021, Rivian announced plans to build a $5 billion battery and assembly plant east of Atlanta.

Rivian remained independent, but Cox Automotive planned to add a representative to Rivian's board as part of the investment.

On November 19,2021, Ford and Rivian announced that they no longer plan to co-develop an electric vehicle.

Abdul Latif J holds almost 114 million shares in Rivian acquired through $303 million of loans made to the company.

In November 2021, Rivian completed its IPO with net proceeds to the firm of $13.

Rivian planned to repurpose used battery packs from its development vehicles into stationary energy storage units.

In 2019, Rivian partnered with actors Ewan McGregor and Charley Boorman to provide the first ever production pickups for use as logistics vehicles and camera cars for the British TV series Long Way Up.