Who makes the Rivian car?
Founded by RJ Scaringe in 2009 as Mainstream Motors, the company changed its name in 2011 to Rivian Automotive Inc. With its headquarters in Irvine, California, and an assembly plant in Normal, Illinois, the company went public in 2021. 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. Amazon. Inc.Rivian is also getting ready to bring its next-gen R2 vehicles to market, which are expected to help it attract new shoppers. Rivian’s certainly not going out of business, but the automaker, like many others, is struggling at the moment. Ready to See Your Price?Rivian Automotive (RIVN) Bezos, through Amazon, invested in Rivian early on and Amazon now owns about 16% of the company. The jury is out on whether the electric car company can energize enthusiasm in the consumer market, but it has a potential future as delivery vehicles for Amazon.Amazon’s investment strategy Rivian is an electric vehicle company (EV) that has been making waves in Silicon Valley, so it is wise for Amazon to invest in it. Amazon is known for making big bets on companies with growth potential and can help them grow their market share.Both stocks experienced a lot of ups and downs in 2025, but it is Rivian will be the best-performing stock this year, with its share price up more than 23% year to date as of this writing, compared to about a 10% increase for Tesla.
Is Rivian 100% American made?
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. Telsa alleged that Rivian recruited and subsequently employed Tesla employees who divulged Tesla’s proprietary information concerning Tesla’s EV battery technology.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.
Is Rivian owned by Volkswagen?
Rivian and Volkswagen Group Technologies, LLC (also known as RV Tech) is an automotive technology company jointly owned by Rivian and Volkswagen Group. The company was established in 2024 as a joint venture with the goal of advancing the capabilities of software-defined vehicles. Ford announced the company would retain a 12 percent stake in Rivian, which reached a value of more than $10 billion after the IPO. Ford sold around 90 percent of its stake in Rivian for $3 billion by the end of 2022, an increase from its $1.Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022, is now at 1.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.