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Electric Vehicle Startup Rivian Shares an Update on its Illinois Factory That Was Once Owned by Mitsubishi Motors

Electric Vehicle Startup Rivian Shares an Update on its Illinois Factory That Was Once Owned by Mitsubishi Motors

In the midst of the coronavirus shutdown of the auto industry, Electric vehicle startup Rivian shared a video of the construction progress at its factory in Normal, Illinois. The new factory is where Rivian will build its electric pickup truck and SUV.

Eric Walz2020-04-01 14:15 PT

Electric Vehicle Startup Rivian Secures $1.3 Billion in New Funding from T. Rowe Price & Others

Electric Vehicle Startup Rivian Secures $1.3 Billion in New Funding from T. Rowe Price & Others

Today, electric vehicle startup Rivian announced a $1.3 billion funding round led by new investor T Rowe Price. The investment round also included BlackRock Inc. and participation from Rivian’s existing investors. The latest funding is Rivian’s fourth major investment this year.

FutureCar Staff 2019-12-23 13:25 PT

With 200,000 Reservations Since Last Week, Tesla’s New Cybertruck Ignites Interest in Electric Pickups

With 200,000 Reservations Since Last Week, Tesla’s New Cybertruck Ignites Interest in Electric Pickups

Despite the unusual appearance of the Tesla Cybertruck, reservations for it topped 200,000 in just a matter of days, according to Tesla. The slew of reservations might be a good indicator of the growing interest in electric pickups.

Eric Walz2019-11-25 16:45 PT

Rivian R1T: What’s Going on With Rivian's New Pricing Plan?

Rivian R1T: What’s Going on With Rivian's New Pricing Plan?

Rivian hints about the pricing of its highly anticipated offerings, the electric R1T pickup truck and R1S three-row SUV.

Manish Kharinta2019-10-08 08:00 PT

Electric Truckmaker Rivian Receives $350 Million Investment From Cox Automotive

Electric Truckmaker Rivian Receives $350 Million Investment From Cox Automotive

Electric truckmaker Rivian​ continues to secure major investments this year. The company announced on Tuesday that automotive services company Cox Automotive will make an equity investment of $350 million.

Eric Walz2019-09-10 12:30 PT

Ford Invests $500 Million in Electric Truck Startup Rivian, Is There an Electric F-150 Coming Soon?

Ford Invests $500 Million in Electric Truck Startup Rivian, Is There an Electric F-150 Coming Soon?

Electric adventure vehicle maker Rivian is set to become a major player in the electric vehicle space after announcing a $500 million strategic investment from the Ford Motor Company. The two companies will work together on new electric truck that will be built on Rivian’s flexible EV “skateboard platform.”

Eric Walz2019-04-24 12:21 PT

Electric Adventure Vehicle Maker Rivian Announces a $700 Million Investment Led by Amazon

Electric Adventure Vehicle Maker Rivian Announces a $700 Million Investment Led by Amazon

​Electric truckmaker Rivian soon may become a major player in the electric vehicle space after receiving a $700 million investment led e-commerce giant Amazon. Rivian first revealed its two electric models, the R1T pickup truck and R1S SUV, at the Los Angeles Auto Show this past November.

Eric Walz2019-02-15 12:13 PT