How much do Rivian pickup trucks cost?
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. Pricing and Which One to Buy The Edmunds calculated market price of the 2026 Rivian R1S starts at $76,990 and goes up to $125,990 depending on options.A $1,000 price increase on the base 2025 Rivian R1S Dual Standard brings its starting price to $76,990, but it’s still far less expensive than the $89,990 Tesla Model X. Both models come standard with two motors and all-wheel drive.Pricing and Which One to Buy The price of the 2025 Rivian R1S starts at $78,450 and goes up to $107,700 depending on the trim and options.Both of these large electric SUVs have impressive performance, but the Rivian R1S is a more complete luxury package and a more complete SUV when it comes to interior comfort, off-roading capability, and three-row roominess. The Model X handles better and charges quicker, however.
Who makes Rivian pickups?
The Rivian R1T is a battery electric mid-size light duty luxury pickup truck produced by the American company Rivian. 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.Rivian Has Been Struggling Recently While Rivian builds its vehicles in the U. S. Automakers have also been forced to update their supply chains and increase investments in the U. S.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.Electric vehicle maker Rivian agreed to pay $250 million to settle a lawsuit that accused the company of withholding information about its expenses when it held its initial public offering.
Is Rivian a Japanese company?
RIVIAN is an innovative American electric vehicle manufacturer and automotive technology company and has developed and vertically integrated a connected electric platform that can be flexibly applied to a range of applications, including the company’s adventure products as well as B2B products such as the Amazon last . 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.The two companies have been locked in a more than four-year trade secret dispute. 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.The lawsuit claimed that Rivian during and after its blockbuster 2021 initial public offering concealed that it had underpriced its EVs, leading to unpopular price hikes later. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter.
Does Jeff Bezos still own Rivian?
Amazon is also still the largest shareholder of Rivian, with 17% of its shares in their name, but despite this, neither Amazon nor its billionaire founder Jeff Bezos own, or have ever owned, Rivian. Rivian Automotive (RIVN) Bezos, through Amazon, invested in Rivian early on and Amazon now owns about 16% of the company.CEO R. J. Scaringe’s ownership of 17. Amazon purchased $200 million of stock in the IPO, raising its total stake in Rivian to 22%. Previously, in October 2021, Amazon stated that it owned a 20% stake in the company.Rivan gave its CEO a new pay package that contains a stock-option award worth up to about $4. B. CEO RJ Scaringe also receives a salary increase from $1 million to $2 million. The company said that the previous pay package lacked enough incentive to retain its CEO.
Who is the biggest investor in Rivian?
Top institutional holders Institutional investors hold the majority of Rivian shares. As of November 2025, Amazon. Inc (AMZN). Porsche Automobil Holding SE (PAH3) and Abdul Latif Jameel IPR Company Limited. Rivian Automotive (RIVN) Bezos, through Amazon, invested in Rivian early on and Amazon now owns about 16% of the company.
Why is Rivian expensive?
To fuel innovation, Rivian poured substantial capital into research and development, a cost that needs to be recouped through vehicle pricing. This includes engineering new battery systems, chassis designs, and proprietary technology. Moreover, premium materials and sophisticated tech add to the cost base. Rivian is a popular and cutting-edge maker of electric vehicles, especially pickup trucks. Consumer Reports, however, ranked them dead last in a list of most reliable automakers. Despite a low reliability ranking, customers report enjoying their Rivians more than any other vehicle brand.