Tag: Rivian

By on July 27, 2020

On Friday, electric vehicle startup Rivian said it expects to commence deliveries of its all-electric pickup and crossovers next summer — placing the company roughly 6 months behind schedule.

However, before we crap on the company for being another novice EV company that can’t hack it, it should be said that product delays are quickly becoming the norm within the industry. This postponement may be indicative of nothing more than Rivian confronting the same hardships experienced by practically every other automaker in operation — though cash should not be among them.

The company said in April to expect adjustments to its delivery timeline as it tackled issues stemming from the pandemic while prepping the former Diamond-Star Motors/Mitsubishi plant in Normal, IL. (Read More…)

By on July 23, 2020

Tesla is accusing Rivian Automotive of poaching its employees and lifting trade secrets in a recent complaint filed in San Jose, CA. Founded in 2009 by Massachusetts Institute of Technology alum R.J. Scaringe, Rivian has made inroads with the automotive sector and established partnerships with entities like Amazon and Ford Motor Company (we think).

While its home base is presently TBD, as the company considers shifting more of its staff to the West Coast, its mission has remained consistent  manufacture all-electric SUVs and pickups so they can wash over North America.

Rivian is one of those “Tesla killers” you keep hearing about before they suddenly blip out of existence, but it has enough weight behind it to potentially offer real competition in the future it plays its cards right. Tesla is just worried that some of those cards might not belong to Rivian.

(Read More…)

By on July 10, 2020

Amazon

As you read earlier this morning, Rivian founder and CEO R.J. Scaringe isn’t all that impressed with the ability of some EV startups to wow Wall Street with lofty talk and exciting, but perhaps empty, promises. He’s more concerned with getting product out the door.

It’s perhaps because of Rivian’s conventional approach to car building that big-name firms seem more than willing to put their cash behind it. On Friday, the EV startup landed another bundle, and it’s a big one. (Read More…)

By on July 10, 2020

Among electric vehicle startups, Rivian is the nonconformist. Compared to its braggadocious contemporaries, many of which are still years away from building anything, the Michigan-based company is well-poised to deliver a drivable product within a year’s time, with only scant attention paid to the possibilities of going public on a raft of promises.

We’ve already seen what Rivian plans to offer. Metal has met eyes. An assembly plant is already gearing up, with a list of suppliers on hand to pull off production of the R1S SUV and R1T pickup, and, most important of all, there’s money to fund it. It all sounds so… conventional. (Read More…)

By on June 24, 2020

Following reports that Rivian might decide to move a large portion of its operations out of Michigan, news has reached us that it’s all but abandoning the Mitten State for sunny California.

Starting its life as Avera Motors in Florida back in 2009, the EV startup moved to Plymouth, Michigan in 2015 to poach talent from the Big Three and lay down some roots. However, the company doesn’t appear to have wormed its way into the soil all that deeply. It now plans to move a sizable portion of its operations to Irvine, California, with some employees heading to its plant in Normal, Illinois, to prepare for production.

This has got to be a slap in the face for some Michigan residents, since many were instrumental in the development of Rivian’s first models. The business fired a gaggle of people at its engineering and design center near Detroit at the start of June, only to slot in a couple of high-paid executives. Now it’s starting to look like it may pull up stakes and skip town. (Read More…)

By on May 1, 2020

On Friday, Ford Motor Co. announced Executive Chairman Bill Ford Jr’s daughter would immediately join Rivian’s board of directors. In 2019, the automaker dumped $500 million into the electric vehicle startup with aims to build a new Lincoln product using its “skateboard” platform. That plan was scrapped earlier this week, leaving us wondering what that meant for the partnership.

The Blue Oval has since reaffirmed its commitment to use Rivian’s hardware on another project, and now has this marriage of state (or whatever the more tepid modern equivalent would be) with Mr. Ford’s daughter.

Alexandra Ford English has a fairly brief professional history within the automotive industry. She’s been with Ford since 2017, moving from an MBA intern to working within the automaker’s mobility program. She was made director of autonomous vehicles that same year and was later promoted to director of corporate strategy in February of 2020.  (Read More…)

By on April 30, 2020

Image: Lincoln

Ford bought its way into Rivian’s good graces — and its proprietary “skateboard” electric vehicle platform — with a $500 million pledge back in April of 2019. In January we learned that the “all-new, next-generation battery electric vehicle” promised a year earlier would wear a Lincoln badge, with most observers expecting that model to appear as a midsize, three-row SUV (mirroring Rivian’s own R1S).

Scratch all that, Ford Motor Company said on Tuesday. The joint vehicle is off the table, but the relationship is still on. So what now? (Read More…)

By on April 28, 2020

lincoln navigator grille badge lincoln logo

Rivian and Ford Motor Co. are nixing plans to deliver a jointly developed Lincoln EV. Despite Lincoln President Joy Falotico saying the model would deliver one of the most tranquil and luxurious driving experiences on the planet back in January, Lincoln told dealers on Tuesday that development would be scrapped.

Ford invested $500 million in Rivian last year. The collaborative project was intended to deliver a high-end, battery driven vehicle built on the “skateboard” platform underpinning Rivian’s R1T pickup and R1S SUV. Had the project not been taken behind the shed and shot this week, an assumed mid-size Lincoln crossover would have arrived in 2022.

(Read More…)

By on April 10, 2020

Rivian, the future builder of powerful electric pickups and SUVs (and secret parent to an upcoming Lincoln), hoped to have the first of its production models in buyers’ hands before the end of the year. Both the R1T pickup and R1S SUV were on track to roll out of the fledgling automaker’s Normal, Illinois assembly plant in the second half of 2020, reaching consumers just before New Year’s Eve (R1T) and not long after (R1S).

Well, that schedule’s seen a bit of tweaking. Care to hazard a guess why? (Read More…)

By on March 10, 2020

Colorado has been considering allowing automakers to sell electric vehicles directly to consumers, but pushback from dealerships complicated things. Senate Bill 167 was intended to level the playing field against Tesla, which already engaged in direct sales, by opening up the door for rival electric vehicle manufacturers to similarly bypass the dealership model.

However, dealer groups noticed the language in the bill effectively permitted any automaker producing EVs to engage in direct sales, Naturally, they cried foul. The bill had its final legislative hearing on Monday, and its new language identifies a difference between a legacy automaker with existing storefronts and EV firms without them.  (Read More…)

By on February 24, 2020

With production of its R1T pickup scheduled to commence later this year, upstart EV maker Rivian is aiming to get its products into as many states as possible, even if it means challenging dealer franchise laws. Following the R1T’s debut, the R1S three-row SUV will arrive to bolster Rivian’s emissions-free game.

In Colorado, where a bill seeking to allow direct sales via OEM-owned stores cleared a Senate committee last week, Rivian hopes to secure a victory — then replicate it in other protectionist states. (Read More…)

By on January 29, 2020

It seems $500 million buys you a new Lincoln model, at the very least.

Ford Motor Company’s half-billion-dollar investment in electric vehicle startup Rivian will indeed spawn a new Lincoln model, the automaker announced Wednesday. At the same time, Lincoln confirmed that the midsize MKZ sedan won’t live to see the end of the year. (Read More…)

By on January 27, 2020

Despite offering a choice of battery sizes, Rivian’s R1T pickup, scheduled for production late this year, was not revealed under a banner of affordable green motoring. Nor was the R1S SUV that followed it. The Michigan-based startup’s first vehicles instead wowed onlookers with their tech prowess and capability — four hub motors, an innovative platform, and a maximum range of 400 miles — and prices that were fairly comparable with existing high-zoot pickups and SUVs.

Carrying a starting price of $69,000 at its debut, the R1T is now said to be in line for a price drop. Same goes for the R1S. (Read More…)

By on December 26, 2019

An electric vehicle platform many can’t wait to get their hands on continues to make Rivian the upstart automaker to watch. The fledgling, Michigan-based automaker just closed a $1.3 billion investment round led by T. Rowe Price Associates, Inc. — pushing the company’s 2019 take to $2.8 billion.

With two utility vehicles on the way and a pledge to license its EV architecture to anyone willing to pay for it, Rivian’s big-buck backing from the likes of Ford, Amazon, and Cox Automotive was just the start. (Read More…)

By on November 27, 2019

Image: Lincoln

Rivian, the Michigan-based EV startup with big plans for its R1S SUV and R1T pickup, isn’t bashful about making its “skateboard” electric vehicle platform available to rivals. At Ford, that skateboard may soon appear below a new Lincoln vehicle, a new report claims.

Ford raised eyebrows earlier this year when it sunk $500 million into the upstart EV maker, with the Blue Oval claiming the investment paves the way for an “all-new, next-generation battery electric vehicle.” That vehicle is apparently now taking shape. (Read More…)

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