Rivian will price its electric pickup and SUV for less than previously announced, Reuters reported. “Rivian founder and chief executive R.J. Scaringe told Reuters the mid-range R1T pickup truck with a glass sky panel that can change from blue to clear was about $69,000,” the report said. Rivian previously said the R1T would start at…
Rivian will integrate Amazon’s Alexa voice assistant into its upcoming electric vehicles. The feature was announced this week at CES. Amazon is providing the feature to a long list of automakers including Ford, Audi, BMW, GM, and Toyota. But, Amazon has been an enthusiastic supporter of Rivian. In addition to a $700 million investment in…
Rivian has announced a debatably useful, nonetheless interesting feature for its upcoming electric pickup. The R1T will be capable of a “Tank Turn,” which means the vehicle can hold its position while spinning completely around. Each wheel of the Rivian has its own motor. This enables them to operate independently and in different directions. For example,…
Rivian has raised a giant $1.3 billion round of funding as it gets ready to deliver its all-electric pickup and SUV next year. The financing was led by funds and accounts advised by T. Rowe Price Associates. Previous investors Amazon, Ford, and BlackRock also participated in the round. “This investment demonstrates confidence in our team,…
The Rivian R1T made its debut in blue last week at an event in Seattle. The highly-anticipated all-electric pickup was on display for reservation holders, who got a look at a new blue paint. It’s a bolder look for the truck, which has previously been seen in silver and white. The R1T, is expected to…
Rivian, which has developed an electric SUV and pickup, today announced an equity investment of $350 million from global automotive services company Cox Automotive. Cox Automotive, a subsidiary of Cox Enterprises, is the home of nearly 30 automotive brands, including Autotrader, Kelley Blue Book, Pivet, RideKleen and Manheim, which transports, services, and auctions vehicles across…
The electric pickup market is starting to take shape and there seems to be a steady stream of developments making headlines from both startups and the auto giants. One of the most highly-anticipated items to watch is the debut of Tesla’s pickup. It sounds like it’s receiving final touches. Replying to a Twitter follower anxious…
Rivan, which plans to go to production in 2020 with an all-electric pickup and SUV, plans to build 20,000 to 40,000 in its first year of manufacturing, Chief Executive RJ Scaringe told The New York Times. The company purchased in 2017 a former Mitsubishi manufacturing plant in Normal, Illinois, which will be home of the…
With its concept of pickup and SUV bodies perched upon an electric “skateboard” technology, Rivian may be the buzziest EV startup since Tesla. The company has been wowing autoshow onlookers and grabbing headlines for major partnerships, tech luminary praise, and novel features of its electric vehicles aimed at adventurers. A Rivian pickup with a range…
