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It’s Official: Rivian is the First Automaker to Deliver a Fully Electric Truck

Deliveries to actual customers have begun. Rivian beat out Tesla, GMC, and Ford. The R1T starts at $90,000 in Canada. Rivian has rivaled Tesla in headlines all through 2021. While not all stories were positive, there’s no doubt that Rivian’s managed to out-maneuver the...

Rivian R1T Towing Test Shows a 62% Range Loss

The R1T is rated to two up to 11,000 lbs. Rivian claims a roughly 50% range drop when towing. Electric vehicles have already proven that they are extremely quick and, depending on the model, capable of traveling reasonable distances between charges. Like their petrol-...

Rivian R1S Reservation Holders Told to Expect Delays

Initially, deliveries were planned for January 2022. Now they’ve been delayed to as far back as July 2022, or later. Delivery delays have become the norm in the automotive industry over the last 18 months. Supply-chain issues and parts shortages have plagued production all...

Rivian Share Prices Take a Hit After the Partnership with Ford is Confirmed to be Cancelled

Rivian shares were down 17% on Monday The company is still worth $96 billion, which is 20% more than Ford Ford shares where up slightly on Monday Late last week, Ford announced it would no longer collaborate with EV start up Rivian for the...

RV Rental Company Outdoorsy Could Add Rivian and Ford EV Pickups to its Fleet

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The company saw a spike in demand during the pandemic Talks with Ford and Rivian are underway Customers could rent an electric pickup to go camping in the woods. Outdoorsy is a company that specialises in rentals of recreative vehicles. Since the pandemic closed...

Ford Cancels Partnership with Rivian

Ford invests in Rivian
Ford thinks it is in a position to become leader of the EV market on its own Ford had invested $500 million in Rivian in 2019 with hopes to use its technology Ford is still a share holder of Rivian and the two...

Rivian Becomes the World’s Third Most Valuable Automaker by Surpassing Volkswagen

Rivian is now valued at $142.08 billion Volkswagen is currently valued at $139.52 billion The two most valuable automakers are Tesla and Toyota Rivian is a very young company compared to other automakers but this hasn’t prevented it from becoming the third most valuable...

Rivian Valued at $86 billion After its First Day of Trading

This puts its worth above those of Ford and equal to GM. Shares opened at $106,75 yesterday morning. Shares sold initially for $78 apiece the night before. Rivian’s on fire! Its initial public offering has turned into one of the largest of its kind...

Rivian’s IPO Raises $11.93 Billion

Shares selling at $78, above its target range. Investors are betting that Rivian’s the next Tesla. Rivian is well on its way to becoming an even bigger deal. Yesterday, it sold shares in its initial public offering (IPO) at an impressive $78 per share....

Rivian Hopes to Fill All its Pre-Orders by Late 2023

Rivian truck R1T side
They currently have 55,400 R1 vehicle pre-orders. Production is slowly ramping up. During the last week of October, they assembled 104 R1Ts. The Normal, Illinois Factory is equipped to annually produce up to 150,000 vehicles. Rivian’s production schedule is ramping up, if at a...