Reservation holders eager to receive their new R1T pickup truck from electric vehicle startup Rivian will have to wait a few more months. The company announced that it has pushed forward deliveries of the The R1T Launch Edition a second time to September. In an email sent to R1T reservations holders, Rivian CEO RJ Scaringe, cited multiple factors for the delays, including the global chip shortage.
FutureCar Staff 2021-07-16 11:00 PT
According to a statement made by Rivian, deliveries of the R1T Launch Edition will begin in July 2021, one month behind the original date.
Vineeth Joel Patel2021-05-30 07:00 PT
The automaker is going to offer its electric vehicles with an 8-year/175,000-mile warranty that covers the battery pack and electric drivetrain components, beating nearly every other automaker’s coverage.
Vineeth Joel Patel2021-04-03 07:00 PT
After quite some time, Rivian is finally ready to provide more information on its upcoming charging network. The automaker plans to have 3,500 fast chargers for Rivian owners to use, while it will come out with an additional 10,000 for public use.
Vineeth Joel Patel2021-03-20 07:00 PT
Electric truck maker Rivian has not yet delivered its first electric vehicle, but the company is already eying expansion at its Normal, Illinois factory as it looks to become the Tesla of trucks.
FutureCar Staff 2021-03-12 16:00 PT
Electric truck startup Rivian intends to launch its U.S. IPO by the end of the year, taking advantage of investor interest in electric vehicles that pushed Tesla’s stock to record highs in 2020. Rivian could launch its IPO as early as September. The company is one of the most well funded electric vehicle startups. Last month, Rivian announced a $2.6 billion investment round led by T. Rowe Price. The company said it has raised $8 billion since the start of 2019.
FutureCar Staff 2021-02-10 12:15 PT
Rivian, the electric vehicle startup backed by Amazon and Ford Motor Co announced Tuesday said it closed on a $2.65 billion investment round led by T. Rowe Price as the company moves closer to production of its R1T fully-electric pickup and companion R1S SUV. The company’s post-money valuation is now over $25 billion as Rivian looks to compete against trucks from Ford Motor Co and General Motors.
Eric Walz2021-01-19 14:05 PT
Electric truck startup Rivian Automotive Inc. is close to raising a new round of funding that would value the startup at $25 billion, according to people familiar with the matter. Existing Rivian investors including e-commerce giant Amazon will participate in the latest funding round, which will raise several billion dollars for the electric truck startup.
FutureCar Staff 2021-01-05 17:35 PT
Now that the automaker unveiled the R1T pickup truck and R1S SUV, the electric automaker is looking to expand its lineup with smaller electric vehicles that will be tailored for consumers in Europe and China.
Vineeth Joel Patel2020-11-22 08:00 PT
After a long wait, consumers that pre-ordered the first R1S and R1T EVs will have a chance to configure their vehicles on November 16, with deliveries set to begin next June.
Vineeth Joel Patel2020-11-16 06:15 PT
Michigan-based electric truck startup Rivian is emerging as one of the hottest new electric vehicle startups since Tesla and the company has a big war chest to prove it. The Plymouth, Michigan-based company announced on Friday a new $2.5 billion investment round led by T. Rowe Price.
Eric Walz2020-07-10 09:00 PT
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
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
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 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
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
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FutureCar Staff Jul 19, 2021 4:30 PM PT