Rivian has started notifying customers that they will need to wait a bit longer to receive their vehicles. Rivian has sent notifications that lay out delivery windows for the “Launch Edition” that range from March to September. It’s reasonable to assume that the company’s less-pricey “Adventure” and “Explore” packages will also be pushed to the… Continue reading Rivian Deliveries Pushed to 2022
Tag: Rivian
Rivian Valued at $100B in Stock Market Debut
Investors showed Wednesday strong support for electric vehicles by lifting the valuation of Rivian Automotive Inc. to more than $100 billion. Shares of Rivian hit the Nasdaq Wednesday and jumped 53% from its debut price. It was the world’s largest initial public offering this year. Chief Executive RJ Scaringe thanked his team and shared photos… Continue reading Rivian Valued at $100B in Stock Market Debut
Rivian Preparing to IPO Next Week
Electric vehicle manufacturer Rivian is planning its initial public offering for next week, according to a regulatory filing. The company is seeking a valuation of just over $60 billion. The automaker will trade on the Nasdaq Stock Market under the symbol RIVN. Rivian, which just recently started delivering its first vehicles, filed for the IPO in September. In… Continue reading Rivian Preparing to IPO Next Week
Rivian Trucks Spotted During Blue Origin Launch
William Shatner got to ride in a Blue Origin rocket on Wednesday, but he also got a ride in the new all-electric Rivian pickup. Blue Origin’s flight on Monday included Shatner and three other astronauts. Blue Origin founder Jeff Bezos personally drove the astronauts to launch in the Rivian R1T. Bezos’ Amazon is a big… Continue reading Rivian Trucks Spotted During Blue Origin Launch
Rivian Gets Range Rating of 316 Miles for R1T Pickup
The U.S. Environmental Protection Agency has posted official range estimates for the Rivian’s all-electric pickup and sport-utility vehicle. According to a posting on the agency’s website, the R1T pickup truck has an official EPA range of 314 miles, while its R1T SUV received a rating of 316 miles. Rivian has promised at least 300 miles of… Continue reading Rivian Gets Range Rating of 316 Miles for R1T Pickup
Rivian Files for IPO Targeting $80 Billion Valuation
Electric vehicle upstart Rivian has filed for an initial public offering that would value the company between $70-80 billion. The company is currently pursuing two segments, electric delivery vans for companies like Amazon, and an electric pickup and SUV aimed at adventure seekers. While Amazon currently has Rivian vans in operation, the consumer vehicles have… Continue reading Rivian Files for IPO Targeting $80 Billion Valuation
Rivian Considering International Factory
In addition to a potential new factory in Arizona, Rivian is looking to expand production outside the U.S. A Sky News report says the automaker is discussing a new factory with the British government to be built near Bristol. According to the report, talks are not yet at an advanced stage, and there are competing… Continue reading Rivian Considering International Factory
Report: Rivian Planning $5B Arizona Factory
Rivian plans to invest $5 billion in a second factory for its electric vehicles, according to a report from Reuters. The initiative dubbed “Project Tera,” requires an estimated 10,000 acres of land according to a revised economic development document seen by Reuters. The initial proposal only required 2,000 acres. The plant will reportedly include a… Continue reading Report: Rivian Planning $5B Arizona Factory
Rivian Delays Delivery Until September
Rivian is set to deliver one of the most highly-anticipated electric vehicles to date with the R1T pickup, but the company said Friday that there will be a delay. In an email to reservation holders, Chief Executive RJ Scaringe said initial deliveries won’t begin until September. The R1S sport utility vehicle will be delivered “shortly… Continue reading Rivian Delays Delivery Until September
Rivian CEO Shows Off Camp Kitchen Accessory
The upcoming all-electric Rivian R1T pickup will also include a number of add-on modules, one of the first announced being a full camp kitchen. Rivian Chief RJ Scaringe shared a video to Twitter last week offering a camp kitchen overview. The truck features a gear tunnel with a sliding rack that holds the various kitchen… Continue reading Rivian CEO Shows Off Camp Kitchen Accessory