Rivian

Business, Technology, Fuel

Amazon-Backed Rivian Reportedly Eyes EV Plant in Europe

The Rivian R1S electric SUV is displayed during an event in Los Angeles in November 2018. Patrick T. Fallon/Bloomberg News

Rivian Automotive Inc., the electric-vehicle maker backed by Amazon .com Inc., is scouting locations in Europe to build a new factory, according to people familiar with the matter.

February 11, 2021
Business, Technology, Fuel

Amazon-Backed Rivian Aims for IPO This Year

Rivian The Rivian Automotive Inc. R1S electric sports utility vehicle. (Patrick T. Fallon/Bloomberg News)

Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc. and Ford Motor Co., is looking to go public as soon as September at a valuation of about $50 billion and perhaps more, according to people familiar with the matter.

February 10, 2021
Business, Technology, Fuel, Logistics, Autonomous

Amazon Starts Road Testing Rivian Electric Vans in Los Angeles

Rivian vehicle Amazon via YouTube

Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.

Siddharth Philip | Bloomberg News
February 3, 2021
Business, Technology, Fuel

Rivian Reportedly Reaches $27.6 Billion Value on New Funds

Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News) Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.

Ed Ludlow | Bloomberg News
January 19, 2021
Business, Technology

Rivian Is Close to Raising Funds at $25 Billion Valuation

Rivian logo. (Rivian Automotive)

Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter.

Katie Roof and Ed Ludlow | Bloomberg News
January 5, 2021
Business, Technology, Fuel, Logistics, TCA

Amazon Unveils Prototype of Rivian-Built Electric Delivery Van

Amazon Rivian van Amazon

Amazon .com Inc. unveiled a prototype of one of three electric vehicles being developed in partnership with startup EV truck manufacturer Rivian.

Robert Channick | Chicago Tribune
October 9, 2020
Government, Business, Technology

Rivian Faces Ban From Michigan Car Dealers in Direct-Sales Fight

The Rivian R1T electric pickup truck. The Rivian R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Michigan auto dealers are trying to block startup electric carmakers including Rivian Automotive Inc. and Lucid Motors Inc. from following in Tesla Inc.’s footsteps by selling vehicles directly to consumers and servicing them in the state.

Gabrielle Coppola | Bloomberg News
September 21, 2020
Business, Technology

EV Maker Rivian Raises $2.5 Billion in New Funding Round

Rivian's  R1T electric pickup truck. Rivian's R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Rivian Automotive Inc., the electric truck startup already backed by Amazon.com Inc. and Ford Motor Co., raised $2.5 billion in new funding from a group of investors led by T. Rowe Price Associates Inc.

Katie Roof | Bloomberg News
July 10, 2020
Business, Technology

Ford’s Lincoln Partners With Rivian for First Electric Model

Rivian's R1S electric SUV is unveiled at the Los Angeles Auto Show in November 2018. Rivian's R1S electric SUV is unveiled at the Los Angeles Auto Show in November 2018. (Patrick T. Fallon/Bloomberg News)

Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.

Keith Naughton | Bloomberg News
January 29, 2020
Government, Business, Technology

Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers

Tesla vehicles stand at a Tesla Surpercharger station in California in October 2019. David Paul Morris/Bloomberg News

Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.

Gabrielle Coppola | Bloomberg News
January 23, 2020

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