Everything to Know About Car Company Rivian, the Next EV Hit

what is rivian

SUVs and pickups are among the most profitable segments of the consumer vehicle market, and Rivian’s vehicles are promising a leap in both durability and range per battery charge. Access to Rivian’s skateboard platform, which has a separate electric motor for each wheel, is a key motivation for Ford’s stake. For several years, Ford has had ambitious plans to increase capital spending on the development of electric vehicles, per Barron’s. In March 2022, Rivian announced it would develop and sell a dual-motor powertrain for the R1T, with one electric motor for each axle.

The more affordable Rivian R2 will be easier to plug into Tesla’s extensive Supercharger network. Rivian confirmed the R2 will have a charge port on the driver’s side, making it compatible with Tesla’s Supercharger network. After teasing it months ago, Rivian has officially launched a new portable Travel Kitchen designed to give you A bull market is characterized all the necessary equipment to prepare food from your R1T, R1S, or wherever else your adventures take you.

No, the Rivian factory didn’t catch on fire – this is what happened

Scaringe himself hasn’t done much basking in the spotlight, unlike rival Elon Musk, mainly giving interviews to automotive trade publications. The quad-motor R1S starts at $93,800 including a $1,800 destination charge, with the All-Terrain Upgrade and $1,750 Glacier White paint on my R1S adding up to a $99,150 as-tested price. Rivian will soon start deliveries of the dual-motor R1S, which uses electric motors built in-house by Rivian. The 600hp dual-motor R1S starts at $79,800 and uses a smaller battery pack that has a 260-mile max range, but the larger 340-mile pack that comes standard on the quad-motor R1S is available for an extra $6,000. Rivian also recently introduced a new Performance dual-motor model that offers 700hp and a zero to 60mph time of 3.5 seconds for a $5,000 upgrade over the standard large pack dual-motor model.

The second and third rows fold almost completely flat, and the split tailgate makes loading and unloading easy — plus, with a 500-pound weight limit, it’s great for tailgating. You don’t get a gear tunnel like in the R1T, but both the cargo space and frunk have covered storage compartments. Third-row passengers have their own armrests, cup holders, and storage cubbies, the door cards and seatbacks have clever pockets, and the front seats have hidden compartments underneath.

Tesla Semi trucks were spotted in numbers coming out of the factory

With this feat, Rivian has become the first electric pickup maker, beating the likes of Tesla, Ford, and others to the finish line. It will be followed by the Adventure Package next January for the same price, as well as a less expensive Explore Package for $67,500. Electrek previously covered a potential extended cab R1T spotted in winter test footage from Rivian, but the company has made zero comments about it to date.

Current and future EVs from Rivian

  1. Heated and ventilated front seats, a heated steering wheel and second-row bench, an excellent 19-speaker Meridian sound system, eight USB-C ports, multiple power outlets, wireless charging, and Wi-Fi connectivity are all standard.
  2. The luxury SUV market remains a saturated one, but Rivian’s R1S promises to offer luxury, range, and the threshold for rugged terrain many automakers may soon struggle to compete with.
  3. While Tesla CEO Elon Musk is noted for making, and missing, bold production and sales forecasts, Scaringe is more conservative.
  4. Scaringe grew up near Melbourne, Florida, where he would work on cars with his neighbor, and spend much of his time outdoors hiking and exploring.

Rivian’s next-gen EV is drawing comparisons to Tesla’s best-selling Model Y. However, according to Rivian CEO RJ Scaringe, its upcoming R2 will be “worlds different” than the Tesla Model Y. Its R3 will be even more unique, with few like it on the market. Rivian (RIVN) released its second-quarter earnings after the market closed on Tuesday as the EV maker aggressively cuts costs. CEO RJ Scaringe called the quarter a “defining one” as Rivian eyes its first gross profit by the end of the year. Rivian (RIVN) has temporarily paused Electric Delivery Van (EDV) production at its Normal, IL plant due to a parts shortage. Tesla CEO Elon Musk offered some insight as an EV company that barely survived scaling production, suggesting the company focus on getting the first factory running before expanding.

Rivian confirms R2 charge port moved to driver’s side for Tesla Supercharger use

Since then, Rivian has seen additional investments from Cox Automotive for $350 million, and two rounds of funding from T. Recently, Rivian moved its headquarters to Irvine, California, along with a lot of its research and development. A lot of of technologies are is still being developed in Michigan, but Rivian slowly seems to be phasing everything over to its new California facility. After the original name was briefly changed to Avera Automotive, before Scaringe and his small team dropped the alliteration approach and finally settled on Rivian. The name comes from the Indian River, where Scaringe spent much of his youth exploring on his rowboat in Florida.

what is rivian

Although the company is homegrown, it by no means has plans to limit its reach to the US. Rivian also continues to expand its own charging infrastructure that it calls its “Adventure Network,” beginning with every state park in Colorado. While the original release date of the R1T was June of 2021, Rivian later pushed deliveries a month into July.

Who is CEO R.J. Scaringe?

This is where Rivian’s potential lies — in creating solutions that shift consumer mindsets and inspire other companies to fundamentally change the way they operate. To build the kind of future our kids and our kids’ kids deserve, extraordinary steps must be taken to stop the carbonization of our atmosphere. This requires individuals and entire industries to come together in ways we never have before to transition the world toward sustainable energy. This is where Rivian’s potential lies — in creating solutions that shift consumer mindsets and inspire other companies to fundamentally change the way they operate.

Electrification and technology can create a truck that’s incredibly capable and fun to drive,” he added. Depending on the choice of battery pack, the Rivian R1S promises to deliver from 240 to 410 miles of driving between charges, per InsideEVs.com. Both vehicles offer 3 cryptocurrency exchange white label solution rows of seating, but InsideEVs estimates that the R1S is slightly more roomier, given that its roofline does not slope like the Model X. By 2015, Rivian had received enough funding to operate research facilities in California’s Bay area, as well as Michigan. The automaker then shifted its manufacturing focus to a holistic ecosystem of electric vehicles built for the outdoors. The company isn’t without its stumbles, and if it fails, Rivian wouldn’t be the first eye-catching EV company to make a splash then disappear.

The R1S’s range estimates are accurate, if a little conservative, and the navigation system can automatically direct you to a charging station or pick an alternative route for better efficiency. Using a DC fast charger, the Rivian’s 135kWh battery pack can gain 140 miles of range in 20 minutes or go from 10 percent to 80 percent charge in around 45 minutes. There’s no artificial “engine” noise piped into the cabin, with Rivian’s engineers opting to highlight the nice whirs genuinely made by the motors. But the R1S is just as enjoyable toddling around town as it is launching from stoplights and getting tossed into corners. Regenerative braking is strong enough for excellent one-pedal driving, and in the Conserve drive mode, the R1S deactivates the consulting is more than giving advice rear motors for an even calmer experience. Good design still needs to be backed up by the driving experience, and in that area, the Rivian excels.

Its current consumer-facing lineup, the R1T pickup truck and R1S SUV, are built on Rivian’s “skateboard platform,” which grants the company increased flexibility when it comes to creating different types of vehicles, like its electric delivery trucks. Rivian (formerly Mainstream Motors) pivoted from EV sports cars early on to the luxury EV utility vehicles on display today, according to 36-year-old founder R.J. “It became increasingly clear that we weren’t answering a question that the world needs an answer to,” he said of the pivot in a 2020 interview.

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