How much will the rivian truck cost?
Rivian R1T Overview The 2026 Rivian R1T has a starting sticker price of $72,885, with the range-topping R1T Quad Launch Edition kicking off at $121,885. KBB Fair Purchase Price (national avg. User sentiment suggests the overall quality of the 2026 Rivian R1T is below average for its class. Rivian is said to be holding the line on its promised $45,000 base price for the R2; if the model’s pricing mirrors that of the larger R1, that may put the most lavishly equipped R2s in the mid-$70,000s.
Who makes Rivian trucks?
Rivian is an American automaker that produces electric vehicles. It focuses on trucks and SUVs. Rivian is publicly traded and is part owned by companies such as Amazon, Volkswagen, and Saudi private wealth. It is headquartered in Irvine, California, and builds vehicles in Normal, Illinois. Scaringe, an American engineer and entrepreneur. In 2021, Rivian went public on the Nasdaq. Amazon owns 18. Rivian and Volkswagen owns a 16% share. Abdul Latif Jameel, which is a family-owned business conglomerate from Saudi Arabia.rivian automotive (rivn) bezos, through amazon, invested in rivian early on and amazon now owns about 16% of the company.However, Rivian is an American-born, designed, programmed, and assembled electric vehicle brand. Founded in 2009 by RJ Scaringe, the company has headquarters in Irvine, California, but its manufacturing strength comes from its Normal, Illinois plant, making it as close to an american-made electric vehicle as they come.However, while Rivian has made immense progress removing costs, the company will almost certainly continue burning through cash, has a long runway to scale up the business, and faces growing competition in a market struggling with demand — it’s not a great scenario for EV start-ups.
Is Rivian a good vehicle?
Rivian usually ranks near the bottom of our predicted reliability rating, but near the top in our owner satisfaction surveys. According to Consumer Reports, Rivian placed last in its ranking of reliability, with the consumer-focused magazine citing electrical issues, frequent repairs and constant over-the-air updates as cause for the low ranking.
Why is Tesla suing Rivian?
In July 2020, Tesla filed a lawsuit against Rivian, alleging that Rivian had engaged in a systematic effort to recruit Tesla employees and misappropriate its trade secrets. Rivian will pay $250 million to settle a 2022 class-action lawsuit accusing the electric vehicle maker of misleading investors about vehicle pricing during its 2021 initial public offering, according to a recent court filing.Like any growth-stage EV company, Rivian is financially draining. Four years into production, Rivian is burning about $1 billion in cash per quarter. As of Q1–2025, Rivian has $7 Billion in cash. If costs do not fall, this gives them around 2 years before needing more funding.