Amazon’s Rivian-built vans are officially making deliveries. Amazon released a video overview of the new vans, pointing out that the vehicle went from sketch to deliveries in just a year. Amazon has ordered 100,000 vans from Rivian. Amazon previously released a list of the van’s features: State-of-the-art sensor detection, a suite of highway and traffic…
Rivian, which is expected to deliver its debut EV this year, announced it has added $2.65 billion to its war chest. The company has attracted $8 billion in investment since 2019. The financing was led by funds and accounts advised by T. Rowe Price Associates, Inc. and included Fidelity Management and Research Company, Amazon’s Climate…
Rivian says the Launch Edition of its R1T pickup and R1S sport utility vehicle is sold out. The highly-anticipated, all-electric vehicles are expected to start delivery in June 2021. The company said the Launch Edition of R1T pickup will cost $75,000 and the R1S SUV will be priced at $77,500. Both versions will have more…
Tesla has joined other companies in the electric vehicle industry for a new lobbying organization called the Zero Emission Transportation Association. The organization, which includes other electric automakers like Rivian and Lucid, aims to bring together those who support meeting the goal of 100% electric vehicle sales by 2030. The non-partisan group coordinates public education…
Rivian has announced new details on its upcoming electric trucks and SUVs. The company said the Launch Edition of R1T pickup will cost $75,000 and the R1S SUV will be priced at $77,500. Both versions will have more than 300 miles of range on a single charge. Rivian will be among the first to market…
Amazon has offered a look at the Rivian-designed van that will electrify its delivery fleet. In addition to ordering 100,000 vans from Rivian, Amazon is also an investor. In a blog post, Amazon showed one of three different models customized with Rivian to “enhance the driver experience and optimize safety.” “When we set out to…
Most electric vehicles are still small. However, that’s about to change in a big way. Once upon a time, not too long ago, retired NBA superstar Shaquille O’Neal owned a Tesla Model S. So, clearly, he was able to fit in it well enough to drive it. However, a recent video originally posted by Anthony…
Tesla says in a lawsuit that electric vehicle startup Rivian poached employees and stole confidential information. The suit says Rivian’s team includes 178 ex-Tesla employees, 70 of whom came directly from Tesla. Tesla says in the suit that four former Tesla employees are responsible for taking confidential information to Rivian – Tami Pascale, Kim Wong, Jessica…
Rivian has closed a massive $2.5 billion round of funding led by funds and accounts advised by T. Rowe Price Associates. Participants in this investment round included Soros Fund Management LLC, Coatue, Fidelity Management and Research Company, and Baron Capital Group. Existing shareholders Amazon and funds managed by BlackRock also participated. Rivian is set to…
Rivian has brought employees back to its Normal, Ill. factory to resume work after a shutdown due the COVID-19 pandemic. Because of the stop, Rivian has delayed the start of production on its R1T and R1S electric truck and SUV until 2021. The company hoped to start building vehicles at the end of this year….
