Who makes the Rivian cars?
Rivian makes Rivian. 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. 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.Rivian U. S Sales Figures & Recent Highlights Rivian delivered 12,640 vehicles in Q2 2023, a 37% increase from Q1 2023. This brings the company’s total deliveries to 24,337 since production began in September 2021. Rivian still has a long way to go to meet its production targets.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.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.Ford sold around 90 percent of its stake in Rivian for $3 billion by the end of 2022, an increase from its $1.
Is Rivian worth a buy?
Rivian is only appropriate for aggressive growth investors willing to buy and hold for the long term. It is losing money and still spending heavily to build out its business. And yet, it is making important progress toward its goals. 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.Robert joseph scaringe (born january 19, 1983) is an american engineer and businessman who is the founder and chief executive officer (ceo) of electric vehicle manufacturer rivian.Scaringe met the chairman of Abdul Latif Jameel, a fellow MIT alum, through the school’s alumni network and successfully pitched him on his vision for Rivian, he told How I Built This. Rivian ultimately raised $10. Amazon and Ford before going public in 2021, the same year the .
How expensive is a new Rivian?
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. The 2025 Rivian R1S has a starting sticker price of $77,700, with the range-topping R1S Tri Max kicking off at $107,700. KBB Fair Purchase Price (national avg. The Lucid Gravity launches for 2025, priced similarly to the R1S and the Tesla Model X.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.The price of the 2025 Rivian R1T starts at $71,700 and goes up to $101,700 depending on the trim and options. The Adventure Dual Motor version starts at $71,700, the same price as the 2024 Adventure.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.
Who is Rivian’s biggest investor?
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. 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. 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.The Biggest Shareholders The largest single holder is Amazon, which owns over 158 million shares, or 13. Rivian established through a strategic partnership. Volkswagen is the second-largest holder, with a recently increased position of nearly 147 million shares, accounting for 12. Rivian.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.
Is Rivian more expensive than Tesla?
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. Storage batteries Rivian R1T has an estimated range of 230 mi (370 km) with the smallest battery, 314 mi (505 km) for the medium battery, and over 400 mi (640 km) for the largest battery. Additional batteries can be mounted in the R1T’s bed for improved range.The Rivian R1T is offered with three different battery sizes: 105 kWh, 135 kWh, or 180 kWh. The R1T has a projected range of 230 miles with the smallest battery, 314 miles with the medium battery, and over 400 miles with the largest battery.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.Rivian says its existing fleet of R1 vehicles will soon be able to power a customer’s home with its new wall charger. Rivian has confirmed that its vehicles will soon be able to provide bidirectional charging to homes and other vehicles thanks to a new charger that it will soon formally announce.The 2025 Rivian R1T with the Dual Motor and Max battery pack setup is Rivian’s longest-range model. It’s EPA-rated for 420 miles on a full charge.
Is Rivian a chinese 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. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a skateboard platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. Rivian started deliveries of its R1T pickup truck in late 2021.Rivian’s quarterly deliveries actually peaked in 2023 and have slowly fallen ever since. With only just over 10,000 quarterly deliveries, Rivian is still a tiny player in the automotive space, which has kept it unprofitable.