Friday, October 22, 2021
News Rivian Drawing Serious Interest From GM And Amazon

Rivian Drawing Serious Interest From GM And Amazon

Rivian Automotive LLC must be doing something right if big guns like General Motors and Amazon are looking to invest in the startup EV company from Plymouth, Michigan.

We’ve seen both the Rivian R1S SUV and R1T pickup and must say we are awestruck with the EV car company’s approach and product. What impresses us most is that little Rivian seems to have an electric grasp on two very important segments that so far have eluded all carmakers including the all-mighty and powerful Tesla.

Amazon.com Inc and General Motors Co’s collective investment would value EV startup at between $1 billion and $2 billion which is indicative of the importance of Rivian’s work, and progress.

The first company to bring a working and capable full-size pickup and SUV to the table could gain an insurmountable lead in these highly popular and lucrative segments. Consumers are unlikely to change their ways that involve purchasing more than they need so whoever hands one of these over to consumers first may get the last laugh.

Ford’s working hard at electrifying the F-150 so even if GM irons out a deal with Rivian, the simple fact that there’s such a thing as an electric F-150 will surely decimate the competition. For the General, working out a deal with Rivian may be the best way to fast-track the development of the Chevy Silverado EV…

In the end though, bravo Rivian!

Trending Now

Most Popular SUVs and Trucks in the United States, Third Quarter of 2021

The Ford F-Series tops among the most popular SUVs and trucks in the United States. Jeep Grand Cherokee and Toyota Highlander back in...

Chevrolet Teased the 2023 Corvette Z06 Once More in a Video

The 2023 Corvette Z06 will be officially revealed on October 26 The Z06 has been the most powerful version of the Corvette for...

Lucid Air to Start at $105,000 in Canada

Three trim levels will be offered for the Air The Dream edition has the longest range of any electric cars, at 830 kilometers ...

Stellantis and LG will Make Battery Cells in North America

Stellantis wants to have 40% of its US sales to be electrified by 2030 Many new electric and hybrid products should be introduced...

Ford Idling Maverick and Bronco Sport Production Today

A parts shortage is to blame. The plant is located in Hermosillo, Mexico. Ford suspended activities on October 11th and 12th. Part shortages will...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.