Rivian News Updates

Business, Technology, Fuel

Rivian Seeks 3-in-a-Row EV Debuts, Defying History

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc., is running the automotive equivalent of a three-ring circus: attempting to launch a trio of new vehicles in a factory that made its last car six years ago.

March 9, 2021
Business, Technology, Fuel

Amazon-Backed Rivian Reportedly Eyes EV Plant in Europe

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 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

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.

February 3, 2021
Business, Technology, Fuel

Rivian Reportedly Reaches $27.6 Billion Value on New Funds

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.

January 19, 2021
Business, Technology

Rivian Is Close to Raising Funds at $25 Billion Valuation

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.

January 5, 2021
Business, Technology, Fuel, Logistics, TCA

Amazon Unveils Prototype of Rivian-Built Electric Delivery Van

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

October 9, 2020
Government, Business, Technology

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

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.

September 21, 2020
Business, Technology

EV Maker Rivian Raises $2.5 Billion in New Funding Round

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.

July 10, 2020
Business, Technology

Ford’s Lincoln Partners With Rivian for First Electric Model

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.

January 29, 2020