Rivian
R.J. Scaringe founded Rivian in 2009 to revolutionize the electric vehicle market. The company focuses on adventure-ready electric trucks and SUVs. Rivian aims to create sustainable transportation with advanced technology. The company launched its first models, the R1T and R1S, in 2021.
Rivian has attracted significant investment from major players. Amazon, Ford, and Cox Automotive invested heavily in the company’s vision, among others, before it went public in November 2021. The company plans to build a vast network of charging stations. Rivian also emphasizes eco-friendly practices and sustainability.
| Founded Date | 2009 |
| Status | Public, IPO (RIVN) |
| Founders | R.J. Scaringe |
| Investors | Abdul Latif Jameel, Amazon, BlackRock, Coatue Management, Cox Automotive, D1 Capital Partners, Dragoneer Investment Group, Fidelity Management & Research, Ford, Pario Ventures, Soros Fund Management, Sumitomo Corporation, Third Point Ventures |
Featured Article
Rivian R1T is the first EV to win the longest off-road competition in the US
Motorsports and off-road competition isn’t the typical fodder over here at TechCrunch — unless, of course, there also happens to be a podium-winning team driving an all-electric 2023 Rivian R1T. The Rebelle Rally, the longest off-road map-and-compass rally in the United States, wrapped up Friday evening with a new EV…
Tesla ‘digs its own grave with the Cybertruck,’ Convoy collapses and Rivian scores a win at Rebelle
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Amazon’s fleet of Rivian-made electric delivery vans reaches 10K in US
Amazon’s 10,000 Rivian-made all-electric van are delivering packages throughout the United States, the e-commerce company revealed Tuesday evening during its Delivering the Future event. Amazon, which owns a stake in…
Rivian reminds investors that making EVs is incredibly expensive
Remember how long it took Tesla to start making money and how much it raised along the way? Building an EV company is not an easy or quick process.
Rivian Q3 deliveries beat expectations, jump 23% from previous quarter
Rivian reported Monday it produced 16,304 vehicles at its Normal, Illinois factory and delivered 15,564 to customers, a higher-than-expected result that puts the company on track to beat its estimates…
Rivian CEO’s plan to make EVs cheaper starts with their computers
Rivian CEO RJ Scaringe provided more details Thursday on the company’s plans to update the hardware in its EVs next year — under a program internally called Peregrine — that…
Rivian beats on Q2 revenue, raises EV production guidance for 2023
Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. The…
John Krafcik, who led autonomous vehicles company Waymo for five years, has joined Rivian’s board of directors, according to a regulatory filing. EV maker Rivian increased the size of its…
Amazon has begun rolling out its custom electric delivery vans from Rivian in Europe, the e-commerce giant said Monday. This will be Rivian’s first commercial shipment of vans outside the…
Rivian delivered 12,640 electric vehicles in the second quarter, a nearly three-fold increase from the same period last year when the EV upstart was in the thick of supply chain…
Rivian’s latest acquisition aims to make EV route planning better
Rivian acquired the company behind ABetterRouteplanner, a popular route-planning app used by EV drivers, the company confirmed Wednesday. Rivian didn’t disclose financial terms of the deal to buy Iternio, the…
Rivian is the latest automaker to jump on Tesla’s North American Charging Standard (NACS). This comes just weeks after Ford and General Motors announced that their upcoming electric vehicles would…
Rivian may still be burning through cash, but it has managed to narrow losses and generate more revenue as the automaker sells more of its EVs while paring down costs.…
Rivian sticks to 2023 production goal for EVs despite quarterly dip
EV automaker Rivian said Monday it produced 9,395 vehicles at its factory in Normal, Illinois in the first quarter, lower than the previous period but still on track to hit…
Rivian in talks with Amazon to remove exclusivity clause of EV van agreement
Rivian is in discussions with Amazon to dissolve the exclusivity piece of their commercial EV van deal, the WSJ reported this morning, citing unnamed sources. If successful, Rivian would be…
Another AV company hits the skids, Scout Motors picks a home and Tesla’s tepid investor day
The Station is your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Rivian shares fall on missed revenue expectations, production forecast
Electric vehicle maker Rivian generated $663 million in revenue in the fourth quarter and $1.66 billion for the full year, a result that was buoyed by an uptick in production…
Ford sells majority stake in Rivian after reporting $7.3B write-down
Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022,…
Elon dodges liability, Ford falters and Rivian lays off more workers
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox.…
Rivian, the buzzy EV automaker that had one of the biggest IPOs in 2021, is cutting 6% of its workforce for the second time in less than a year, according…
Rivian and Mercedes ‘pause’ plans to produce electric commercial van
Rivian and Mercedes-Benz have paused plans to produce electric commercial vans in Europe just three months after the two automakers announced the partnership. Rivian shares fell as much as 3.4%…
Featured Article
Roadtripping with (and camping in) the Rivian R1S
Let’s be clear: I hate the desert. In spite of competing in last year’s Rebelle Rally and spending a full 10 days completely off the grid, camping, competing, navigating and driving offroad in the Nevada and California deserts with 150 other women, I still dislike it. Add in a harrowing…
Featured Article
Facing economic headwinds, Amazon consolidates robotic projects
Westborough, Massachusetts is a quiet town of 22,000, 40 minutes by car southeast of Boston. BOS27 is among the town’s newer residents. The 350,000-square-foot Amazon facility opened its doors a little over a year ago. It’s a hulking, gray addition to the tree-filled scenery. Inside is a state of the…
Rivian upholds 2022 production targets as net loss widens
Electric vehicle maker Rivian affirmed Wednesday that the company is on track to hit its annual production target of 25,000 vehicles despite unpredictable supply chain crunches and component shortages. The…
Arrival restructures (again), Bird shrinks and highlights from Disrupt
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in…
Rivian hires former Waymo exec for new autonomy, AI role
Rivian has hired former Waymo executive James Philbin to lead autonomy and AI at the automaker, a new role that signals the company’s interest in automated driving technology. Philbin was…
Rivian’s RJ Scaringe on the future of micromobility, AVs and the supply chain
RJ Scaringe, founder and CEO of electric vehicle maker Rivian, says the company’s future goes beyond electric trucks and vans. And he’s putting considerable human power behind that effort. Of…
More micromobility layoffs, digging into the Mobileye S-1 and a Rivian recall
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in…
Rivian voluntarily recalls 13,000 EVs for a potential loose fastener
Rivian informed customers Friday that it is conducting a voluntary recall of all 13,000 vehicles it has delivered so far due to a loose fastener. The fastener, which may not…
Electric vehicle maker Rivian announced its Q3 production and delivery numbers on Monday, revealing it made 7,363 of its R1T pickup truck and R1S SUV during the three-month period that…
