rivian

The company was founded in Rockledge, Florida{{cite news |url=http://www.floridatoday.com/article/20110311/BUSINESS/103110315/Avera-Motors-Rockledge-becomes-Rivian-Automotive |title=Avera Motors of Rockledge becomes Rivian Automotive |first=Wayne T. |last=Price |work=Florida Today |location=US |date=November 3, 2011 |archive-date=March 14, 2011 |archive-url=https://web.archive.org/web/20110314194944/http://www.floridatoday.com/article/20110311/BUSINESS/103110315/Avera-Motors-Rockledge-becomes-Rivian-Automotive}} in 2009 as Mainstream Motors by Robert "RJ" Scaringe.{{Cite web |title=Rivian: The history and future of an up-and-coming EV automaker |url=https://electrek.co/guides/rivian/#h-the-history-of-rivian |access-date=December 21, 2021 |website=Electrek |publication-date=November 9, 2021 |archive-date=December 22, 2021 |archive-url=https://web.archive.org/web/20211222055228/https://electrek.co/guides/rivian/#h-the-history-of-rivian |url-status=live }} After being renamed as Avera Automotive{{Cite web |date=November 10, 2021 |title=Who Owns Rivian? |url=https://www.motortrend.com/features/rivian-owners-stakeholders-investors/ |access-date=March 9, 2022 |website=MotorTrend |language=en |archive-date=March 29, 2022 |archive-url=https://web.archive.org/web/20220329033241/https://www.motortrend.com/features/rivian-owners-stakeholders-investors/ |url-status=live }} or Avera Motors, and finally Rivian Automotive in 2011 (a word play on the Indian River in Florida, where Scaringe grew up),{{Cite magazine |last=Seabrook |first=John |date=January 31, 2022 |title=America's Favorite Pickup Truck Goes Electric |url=https://www.newyorker.com/magazine/2022/01/31/americas-favorite-pickup-truck-goes-electric |magazine=The New Yorker |access-date=February 18, 2022 |archive-date=February 14, 2022 |archive-url=https://web.archive.org/web/20220214200920/https://www.newyorker.com/magazine/2022/01/31/americas-favorite-pickup-truck-goes-electric |url-status=live }} the company began focusing on autonomous and electric vehicles.{{cite news |url=https://www.theverge.com/2018/5/23/17380600/rivian-electric-truck-pickup-suv-interview-rj-scaringe |title=This startup is building self-driving trucks and SUVs for futuristic off-road adventures |work=The Verge |access-date=August 21, 2018 |archive-url=https://web.archive.org/web/20180821093806/https://www.theverge.com/2018/5/23/17380600/rivian-electric-truck-pickup-suv-interview-rj-scaringe |archive-date=August 21, 2018 |url-status=live}}

File:Rivian Automotive Prototype.jpg

Rivian's first car model was intended to be a sports car. This vehicle, dubbed the R1, was prototyped as a mid-engine hybrid coupe for the U.S. market, designed by Peter Stevens.{{Cite web |title=Rivian R1 |url=https://www.peterstevensdesign.co.uk/design/rivian-automotive |access-date=December 21, 2021 |website=Peter Stevens Design |archive-date=June 28, 2020 |archive-url=https://web.archive.org/web/20200628015146/https://www.peterstevensdesign.co.uk/design/rivian-automotive |url-status=live }} However, it was shelved in late 2011 as Rivian looked to restart its business in an effort to have a larger impact on the automotive industry.{{cite web |last1=Gilboy |first1=James |title=Rivian CEO Says the Rivian Sports Car Is "Shelved." Does That Mean There's Still a Chance? |url=https://www.thedrive.com/news/42547/rivian-ceo-says-the-rivian-sports-car-is-shelved-does-that-mean-theres-still-a-chance |website=The Drive |publisher=Brookline Media, Inc. |access-date=December 4, 2021 |date=September 28, 2021 |archive-date=December 4, 2021 |archive-url=https://web.archive.org/web/20211204020720/https://www.thedrive.com/news/42547/rivian-ceo-says-the-rivian-sports-car-is-shelved-does-that-mean-theres-still-a-chance |url-status=live }}

Rivian received a large investment and grew significantly in 2015, opening research facilities in Michigan and the San Francisco Bay Area.{{cite web |last=Lambert |first=Fred |date=January 9, 2017 |title=An electric vehicle startup comes out of stealth mode and buys shuttered Mitsubishi plant in Illinois |url=https://electrek.co/2017/01/09/rivian-automotive-electric-vehicle-startup-mitsubishi-plant-illinois/ |url-status=live |archive-url=https://web.archive.org/web/20170110020723/https://electrek.co/2017/01/09/rivian-automotive-electric-vehicle-startup-mitsubishi-plant-illinois/ |archive-date=January 10, 2017 |access-date=January 9, 2017 |work=Electrek}} Shortly thereafter, Rivian began working exclusively on electric autonomous vehicles, in an attempt to build a network of related products. It also began gearing its prototypes toward the "ride-sharing and driverless car markets."{{cite news |url=https://www.chicagotribune.com/business/columnists/ct-rivian-mitsubishi-robert-reed-1214-biz-20161214-column.html |title=Who is the mysterious auto startup that wants to bring jobs back to a shuttered Mitsubishi plant in Normal? |last1=Reed |first1=Robert |date=December 15, 2016 |access-date=December 1, 2017 |newspaper=Chicago Tribune |archive-url=https://web.archive.org/web/20171201232639/http://www.chicagotribune.com/business/columnists/ct-rivian-mitsubishi-robert-reed-1214-biz-20161214-column.html |archive-date=December 1, 2017 |url-status=live}}

By September 2016, Rivian was negotiating to buy a manufacturing plant formerly owned by Mitsubishi Motors in Normal, Illinois.{{cite news |date=December 9, 2016 |title=Rivian bids on shuttered Mitsubishi plant in Illinois |url=https://www.reuters.com/article/us-autos-rivian-mitsubishimotors-idUSKBN13Y1SZ |url-status=live |access-date=July 2, 2017 |archive-url=https://web.archive.org/web/20170628012106/http://www.reuters.com/article/us-autos-rivian-mitsubishimotors-idUSKBN13Y1SZ |archive-date=June 28, 2017 |work=Reuters}} In January 2017, Rivian acquired the plant and its manufacturing contents for $16 million, with the plant to become Rivian's primary North American manufacturing facility.{{cite news |last1=Ayre |first1=James |date=March 25, 2017 |title=Rivian Automotive (Stealth EV Startup) Granted $49.5 Million in Tax Credits From Illinois, Governor Announces |website=cleantechnica.com |url=https://cleantechnica.com/2017/03/25/rivian-automotive-stealth-ev-startup-granted-49-5-million-tax-credits-illinois-governor-announces/ |url-status=live |access-date=December 1, 2017 |archive-url=https://web.archive.org/web/20171201182614/https://cleantechnica.com/2017/03/25/rivian-automotive-stealth-ev-startup-granted-49-5-million-tax-credits-illinois-governor-announces/ |archive-date=December 1, 2017}} Rivian's acquisition of a near production-ready facility instead of building a new factory has been likened to Tesla's acquisition of the NUMMI plant in California.

File:Rivian founder and CEO Robert "RJ" Scaringe at the debut of the Rivian R1S SUV at the 2018 Los Angeles Auto Show, November 27, 2018.jpg

In December 2017, Rivian revealed its first two products: an electric five-passenger pickup truck and an electric seven-passenger SUV, provisionally named the A1T and A1C, respectively. In November 2018, the truck and SUV were renamed the R1T and R1S, respectively, and unveiled at the LA Auto Show.{{cite press release |title=Rivian releases debut video of R1T Electric Adventure Vehicle™ |work=Rivian |url=https://rivian.com/newsroom/article/rivian-releases-debut-video-of-r1t-electric-adventure-vehicle |url-status=live |access-date=July 29, 2023 |archive-url=https://web.archive.org/web/20191205132404/https://media.rivian.com/rivian-releases-debut-video-of-r1t-electric-adventure-vehicletm/ |archive-date=December 5, 2019}}{{cite news |url=https://www.engadget.com/2018/05/21/rivian-ev-truck-suv-detroit/ |title=Inside the automotive startup taking EVs off-road |work=Engadget |access-date=August 21, 2018 |language=en-US | archive-url=https://web.archive.org/web/20180821062642/https://www.engadget.com/2018/05/21/rivian-ev-truck-suv-detroit/ |archive-date=August 21, 2018 |url-status=live}}{{Cite web |title=Rivian R1S & R1T- A detailed look |url=https://www.autopromag.com/usa/rivian-r1s-r1t-a-detailed-look/ |access-date=December 21, 2021 |website=Autopromag |date=December 2, 2018 |archive-date=December 22, 2021 |archive-url=https://web.archive.org/web/20211222055228/https://www.autopromag.com/usa/rivian-r1s-r1t-a-detailed-look/ |url-status=live }} Both vehicles were described as ready for rough terrain and semi-autonomous, and the company outlined a plan for its next generation of models to be fully autonomous. Production was scheduled to begin in 2020.

Rivian had 250 employees at the start of 2018.{{cite news |url=http://www.wglt.org/post/searching-clues-rivians-electric-vehicle-future |title=Searching for Clues into Rivian's Electric Vehicle Future |first=Ryan |last=Denham |website=WGLT News |date=January 9, 2018 |access-date=November 30, 2018 |archive-url=https://web.archive.org/web/20181201005417/http://www.wglt.org/post/searching-clues-rivians-electric-vehicle-future |archive-date=December 1, 2018 |url-status=live}} By February 2019, Rivian was employing 750 people{{cite web |url=https://www.cnbc.com/2019/02/15/rivian-announces-700-million-investment-round-led-by-amazon.html |title=Rivian announces $700 million investment round led by Amazon |first1=Robert |last1=Ferris |first2=Paul A. |last2=Eisenstein |date=February 15, 2019 |publisher=CNBC |access-date=February 15, 2019 |archive-url=https://web.archive.org/web/20190422220452/https://www.cnbc.com/2019/02/15/rivian-announces-700-million-investment-round-led-by-amazon.html |archive-date=April 22, 2019 |url-status=live}} across facilities in Michigan, Illinois, California, and the United Kingdom. In November 2020, Rivian employed 3,000-plus workers.{{Cite news |title=Rivian to deliver $75,000 Illinois-built electric truck in June, complete with 300-mile range and vegan leather seats |last=Channick |first=Robert |newspaper=Chicago Tribune |date=November 12, 2020 |access-date=January 20, 2021 |url=https://www.chicagotribune.com/business/ct-biz-rivian-electric-truck-pricing-delivery-20201112-wfuq3zejoncyfb3itziprjkuca-story.html |archive-date=December 23, 2020 |archive-url=https://web.archive.org/web/20201223085728/https://www.chicagotribune.com/business/ct-biz-rivian-electric-truck-pricing-delivery-20201112-wfuq3zejoncyfb3itziprjkuca-story.html |url-status=live}} Over the span of another year, employment roughly tripled, and in November 2021, Rivian was listed as having 9,000-plus employees.{{Cite web |last=Proeber |first=David |date=November 8, 2021 |title=10 Things to Know About Rivian IPO |url=https://pantagraph.com/business/local/10-things-to-know-about-rivian-ipo/collection_09b8e01a-d740-530c-b301-f0fc99482170.html#4 |access-date=December 8, 2021 |website=The Pentagraph |archive-date=December 8, 2021 |archive-url=https://web.archive.org/web/20211208212310/https://pantagraph.com/business/local/10-things-to-know-about-rivian-ipo/collection_09b8e01a-d740-530c-b301-f0fc99482170.html#4 |url-status=live }}

In late 2020, Rivian planned to begin shipments of the R1T in June 2021. The June 2021 date later slipped to August. By August, vehicle shipments were delayed again, partly due to the global shortage of chips.{{Cite web |title=Rivian delays deliveries of R1T, R1S electric vehicles again |url=https://techcrunch.com/2021/07/16/rivian-delays-deliveries-of-r1t-r1s-electric-vehicles-again/ |access-date=August 7, 2021 |website=TechCrunch |date=July 16, 2021 |language=en-US |archive-date=September 28, 2021 |archive-url=https://web.archive.org/web/20210928110016/https://techcrunch.com/2021/07/16/rivian-delays-deliveries-of-r1t-r1s-electric-vehicles-again/ |url-status=live}} In September 2021, Rivian became the first automaker to bring a fully electric pickup to the consumer market, beating industry mainstays such as GM, Ford, and Tesla.{{cite news |url=https://www.cnbc.com/2021/09/14/ev-start-up-rivian-beats-tesla-gm-ford-as-first-automaker-to-produce-electric-pickup.html |title=EV startup Rivian beats Tesla, GM, Ford as first automaker to produce electric pickup |last=Wayland |first=Michael |date=September 14, 2021 |publisher=CNBC |access-date=September 16, 2021 |archive-url=https://web.archive.org/web/20210915234325/https://www.cnbc.com/2021/09/14/ev-start-up-rivian-beats-tesla-gm-ford-as-first-automaker-to-produce-electric-pickup.html |archive-date=September 15, 2021 |url-status=live}} In October 2021, Rivian began delivering the R1T truck to customers.{{Cite news |last=Foldy |first=Ben |date=November 1, 2021 |title=EV Startups Lucid and Rivian Deliver First Models to Customers |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/ev-startups-lucid-and-rivian-deliver-first-models-to-customers-11635759002 |access-date=November 1, 2021 |issn=0099-9660 |archive-date=January 5, 2022 |archive-url=https://web.archive.org/web/20220105144601/https://www.wsj.com/articles/ev-startups-lucid-and-rivian-deliver-first-models-to-customers-11635759002 |url-status=live }}

On November 10, 2021, Rivian became a public company through an IPO. 153 million shares were sold at an initial offering price of $78.00, valuing the company at $66.5 billion. The shares began trading on the Nasdaq under the ticker "RIVN". On its first trading day, the stock closed at $100.73 per share, valuing the company at just under $100 billion. On November 19, 2021, Ford and Rivian announced that the two automakers no longer plan to co-develop an electric vehicle. Ford announced the company would retain a 12 percent stake in Rivian, which reached a value of more than $10 billion after the IPO.{{cite news |last=Wayland |first=Michael |url=https://www.cnbc.com/2021/11/19/ford-and-rivian-cancel-plans-to-jointly-develop-an-electric-vehicle.html |title=Ford and Rivian cancel plans to jointly develop an electric vehicle |publisher=CNBC |date=November 19, 2021 |access-date=November 21, 2021 |archive-date=November 20, 2021 |archive-url=https://web.archive.org/web/20211120224826/https://www.cnbc.com/2021/11/19/ford-and-rivian-cancel-plans-to-jointly-develop-an-electric-vehicle.html |url-status=live }} Ford sold around 90 percent of its stake in Rivian for $3 billion by the end of 2022, an increase from its $1.2 billion investment.{{cite news |last1=Wayland |first1=Michael |last2=Rosevear |first2=John |url=https://www.cnbc.com/2023/02/03/ford-sold-most-of-its-rivian-stake-last-year.html |title=Ford sold 91 million shares of EV startup Rivian last year |website=CNBC |date=February 3, 2023 |access-date=February 7, 2023 |archive-date=February 7, 2023 |archive-url=https://web.archive.org/web/20230207071310/https://www.cnbc.com/2023/02/03/ford-sold-most-of-its-rivian-stake-last-year.html |url-status=live }} In December 2021, at the same time that Rivian began to deliver its R1S SUVs, Rivian's chief operations officer, Rod Copes, stepped down and retired from the company as it began to ramp up production of its vehicles.{{Cite web |title=Rivian's Chief Operating Officer Left The Company in December |url=https://insideevs.com/news/560229/rivian-coo-resigned-december-2021/ |access-date=April 6, 2022 |website=InsideEVs |language=en |archive-date=March 15, 2022 |archive-url=https://web.archive.org/web/20220315143854/https://insideevs.com/news/560229/rivian-coo-resigned-december-2021/ |url-status=live }}{{Cite web |last=Golson |first=Daniel |date=December 20, 2021 |title=Rivian delivers first R1S electric SUVs |url=https://www.cnet.com/roadshow/news/rivian-r1s-suv-delivery-production/ |access-date=December 21, 2021 |department=Road Show |publisher=CNET |archive-date=December 20, 2021 |archive-url=https://web.archive.org/web/20211220234438/https://www.cnet.com/roadshow/news/rivian-r1s-suv-delivery-production/ |url-status=live }}

On March 1, 2022, Rivian announced price increases of 17% for the R1T and 20% for the R1S, citing a shortage of semiconductors and higher costs for other components.{{Cite news |last=Ludlow |first=Edward |date=March 1, 2022 |title=Rivian Raises Prices of Electric Vehicles, Citing Higher Costs for Parts |work=Bloomberg News |url=https://www.bloomberg.com/news/articles/2022-03-01/rivian-raises-prices-of-electric-vehicles-on-higher-parts-costs |access-date=March 2, 2022 |archive-date=March 2, 2022 |archive-url=https://web.archive.org/web/20220302023806/https://www.bloomberg.com/news/articles/2022-03-01/rivian-raises-prices-of-electric-vehicles-on-higher-parts-costs |url-status=live }} There was immediate backlash from customers that had previously made reservations as the price hike would also affect their preorders.{{Cite web |last=Lambert |first=Fred |date=March 1, 2022 |title=Rivian announces 2 motor and smaller battery options, config updates, and steep $12,000+ price increase |url=https://electrek.co/2022/03/01/rivian-prices-increases-many-electric-pickup/ |access-date=March 6, 2022 |website=Electrek |language=en-US |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306044402/https://electrek.co/2022/03/01/rivian-prices-increases-many-electric-pickup/ |url-status=live }} Rivian later apologized for the retroactive price increases and stated that the original configured price would be honored for anyone with a Rivian preorder as of the March 1 pricing announcement.{{Cite news |last1=Sriram |first1=Akash |last2=Jin |first2=Hyunjoo |date=March 3, 2022 |title=Rivian spares preorders from price hike to fix 'painful' mistake |language=en |work=Reuters |url=https://www.reuters.com/business/autos-transportation/rivian-rolls-back-price-hike-orders-before-march-1-2022-03-03/ |access-date=March 6, 2022}} On March 14, 2022, Rivian announced the company hired Frank Klein as its COO (chief operations officer). Klein began on June 1, 2022.{{Cite web |date=March 14, 2022 |title=Rivian Hires Frank Klein as Chief Operations Officer |url=https://www.businesswire.com/news/home/20220314005452/en/Rivian-Hires-Frank-Klein-as-Chief-Operations-Officer |access-date=April 6, 2022 |website=Business Wire |language=en |archive-date=April 6, 2022 |archive-url=https://web.archive.org/web/20220406202352/https://www.businesswire.com/news/home/20220314005452/en/Rivian-Hires-Frank-Klein-as-Chief-Operations-Officer |url-status=live }}

In March 2022, Rivian made it to TIME's List of 100 Most Influential Companies of the year 2022.{{Cite magazine |title=TIME: 100 Most Influential Companies 2022: Rivian |url=https://time.com/collection/time100-companies-2022/6159452/rivian/ |access-date=April 26, 2022 |magazine=Time |date=March 30, 2022 |language=en |archive-date=April 26, 2022 |archive-url=https://web.archive.org/web/20220426062046/https://time.com/collection/time100-companies-2022/6159452/rivian/ |url-status=live }} On July 27, 2022, Rivian announced it would reduce its workforce by 6% in response to high inflation, rising interest rates, and an increase in parts prices.{{cite news |last=Valdes-Dapena |first=Peter |url=https://www.cnn.com/2022/07/27/business/rivian-layoffs/index.html |title=Electric truck maker Rivian laying off 6% of its workforce |publisher=CNN |date=July 28, 2022 |access-date=July 28, 2022 |archive-date=July 28, 2022 |archive-url=https://web.archive.org/web/20220728014621/https://www.cnn.com/2022/07/27/business/rivian-layoffs/index.html |url-status=live }} In August 2022, regulatory filings revealed that investor George Soros sold roughly $8.5 million of shares of the company.{{Cite web |last=Olinga |first=Luc |date=August 14, 2022 |title=George Soros Deals a Big Blow to Tesla Rival Rivian |url=https://www.thestreet.com/technology/george-soros-deals-a-big-blow-to-tesla-rival-rivian |access-date=August 19, 2022 |website=TheStreet |language=en-us |archive-date=August 19, 2022 |archive-url=https://web.archive.org/web/20220819220306/https://www.thestreet.com/technology/george-soros-deals-a-big-blow-to-tesla-rival-rivian |url-status=live }} The reason behind this sale is not definitively known; it could reflect the fund's overall sentiment or might be a tax-loss harvesting strategy to balance other capital gains.{{Cite web |title=Tax-Loss Harvesting: Definition and Example |url=https://www.investopedia.com/terms/t/taxgainlossharvesting.asp |access-date=January 27, 2024 |website=Investopedia |language=en |archive-date=January 27, 2024 |archive-url=https://web.archive.org/web/20240127221803/https://www.investopedia.com/terms/t/taxgainlossharvesting.asp |url-status=live }} Concurrently, the fund purchased shares in Tesla, an electric autonomous vehicle company and manufacturer of the Cybertruck, and Ford, the manufacturer of the F-150 Lightning. In September 2022, Rivian signed an MoU with Mercedes-Benz Group to establish a joint venture to invest in and operate a factory in Europe, producing large commercial electric vans starting in a few years. The facility will have a common assembly line to produce a different design for each company.{{cite news |url=https://www.reuters.com/business/autos-transportation/mercedes-benz-vans-rivian-plan-joint-venture-produce-electric-vans-europe-2022-09-08/ |title=Mercedes-Benz and Rivian plan JV to make electric vans in Europe |date=September 8, 2022 |work=Reuters |first1=Victoria |last1=Waldersee |first2=Ilona |last2=Wissenbach |access-date=September 8, 2022 |archive-date=September 8, 2022 |archive-url=https://web.archive.org/web/20220908151643/https://www.reuters.com/business/autos-transportation/mercedes-benz-vans-rivian-plan-joint-venture-produce-electric-vans-europe-2022-09-08/ |url-status=live }}{{cite news |url=https://www.wsj.com/articles/rivian-mercedes-to-partner-on-electric-van-factory-11662646684 |title=Rivian, Mercedes to Partner on Electric-Van Factory |date=September 8, 2022 |work=The Wall Street Journal |first=Will |last=Feuer |url-access=limited |access-date=September 8, 2022 |archive-date=September 8, 2022 |archive-url=https://web.archive.org/web/20220908151650/https://www.wsj.com/articles/rivian-mercedes-to-partner-on-electric-van-factory-11662646684 |url-status=live }} The New York Times characterized the move as "a rare example of cooperation between a traditional carmaker and a new challenger" and noted that Mercedes' extensive experience in manufacturing may allow Rivian to overcome its own issues with it.{{Cite news |last=Ewing |first=Jack |date=September 8, 2022 |title=Mercedes and Rivian Plan to Make Vans Together in Europe |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/09/08/business/energy-environment/mercedes-rivian-vans-europe.html |access-date=September 9, 2022 |issn=0362-4331 |archive-date=September 9, 2022 |archive-url=https://web.archive.org/web/20220909004514/https://www.nytimes.com/2022/09/08/business/energy-environment/mercedes-rivian-vans-europe.html |url-status=live }} Rivian said this planned partnership would not go forward with this plan in December 2022 but stated that future collaborations may still be possible.{{Cite web |last=Horowitz |first=Julia |date=December 12, 2022 |title=Rivian halts plans to build electric vans with Mercedes {{!}} CNN Business |url=https://www.cnn.com/2022/12/12/business/rivian-mercedes-electric-vans/index.html |access-date=December 12, 2022 |website=CNN |language=en |archive-date=December 12, 2022 |archive-url=https://web.archive.org/web/20221212161320/https://www.cnn.com/2022/12/12/business/rivian-mercedes-electric-vans/index.html |url-status=live }} After the company received seven reports of loose torque bolts that did not result in injury, in October 2022, Rivian issued a voluntary recall of 13,000 vehicles.{{Cite web |last=Getahun |first=Hannah |title=Tesla competitor Rivian recalls nearly almost all of its vehicles: 'we are acting with urgency and caution' |url=https://www.businessinsider.com/tesla-competitor-rivian-recalls-13000-vehicles-serious-manufacturing-issue-2022-10 |access-date=October 9, 2022 |website=Business Insider |language=en-US |archive-date=October 9, 2022 |archive-url=https://web.archive.org/web/20221009040637/https://www.businessinsider.com/tesla-competitor-rivian-recalls-13000-vehicles-serious-manufacturing-issue-2022-10 |url-status=live }}{{cite news |url=https://www.motorportfolio.com/rivian-automotive-to-recall-13000-vehicles/ |title=California based Rivian Automotive Inc. to recall 13,000 vehicles due to potential loose fastener |author= |work=Motor Portfolio |date=October 8, 2022 |access-date=October 9, 2022 |archive-date=October 8, 2022 |archive-url=https://web.archive.org/web/20221008192817/https://www.motorportfolio.com/rivian-automotive-to-recall-13000-vehicles/ |url-status=live }}

In January 2023, The Wall Street Journal reported the company experienced the departure of multiple top executives in recent months, including some that were among its longest-tenured employees, in what was referred to as a "challenging period for Rivian."{{Cite news |last=Eckert |first=Sean McLain and Nora |title=WSJ News Exclusive {{!}} Several Top Rivian Executives Depart the Electric-Vehicle Startup |url=https://www.wsj.com/articles/top-rivian-executives-depart-the-electric-vehicle-startup-11673380522 |access-date=January 10, 2023 |newspaper=Wall Street Journal |date=January 10, 2023 |language=en-US |archive-date=January 10, 2023 |archive-url=https://web.archive.org/web/20230110205618/https://www.wsj.com/articles/top-rivian-executives-depart-the-electric-vehicle-startup-11673380522 |url-status=live }}

On June 20, 2023, Rivian announced that it would incorporate Tesla's electric vehicle charging standard, the North American Charging System (NACS) into its R1T trucks and R1S SUVs in 2025, as well as in its upcoming R2 platform.{{Cite news |date=June 20, 2023 |title=Rivian Adopts Tesla's EV Charging Standard, Joining Ford and GM |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2023-06-20/rivian-adopts-tesla-s-charging-standard-joining-ford-and-gm |access-date=June 20, 2023 |archive-date=June 20, 2023 |archive-url=https://web.archive.org/web/20230620140333/https://www.bloomberg.com/news/articles/2023-06-20/rivian-adopts-tesla-s-charging-standard-joining-ford-and-gm |url-status=live }}{{Cite web |last=Hawkins |first=Andrew J. |date=June 20, 2023 |title=Rivian is the latest EV maker to adopt Tesla's charging standard |url=https://www.theverge.com/2023/6/20/23766979/rivian-tesla-ev-charging-standard-nacs-r1t-r1s |access-date=June 20, 2023 |website=The Verge |language=en-US}} As early as the second quarter of 2024, Rivian owners may be able to use adapters to connect to Tesla's Supercharger network.{{Cite web |last=Valdes-Dapena |first=Peter |date=June 20, 2023 |title=Rivian joins Ford and GM in turning to Tesla chargers {{!}} CNN Business |url=https://www.cnn.com/2023/06/20/business/rivian-tesla-chargers/index.html |access-date=June 20, 2023 |website=CNN |language=en}}

A day after the big NACS announcement, on June 21, Rivian announced the acquisition of Iternio,{{Cite web |date=June 21, 2023 |title=Rivian Acquires "A Better Routeplanner" to Enable a Seamless Route Planning Experience |url=https://rivian.com/newsroom/article/rivian-acquires-a-better-routeplanner |access-date=March 12, 2024 |website=rivian.com |language=en-US |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312011622/https://rivian.com/newsroom/article/rivian-acquires-a-better-routeplanner |url-status=live }} the Swedish mapping company known for its popular EV route-planning app, A Better Route Planner (ABRP), and integrated it into the in-car navigation system. In addition to Rivian mobile app integration, the company said it plans to maintain the standalone ABRP app.{{Cite web |date=June 23, 2023 |title=Rivian acquires A Better Routeplanner |url=https://www.greencarreports.com/news/1140019_rivian-acquires-a-better-routeplanner |access-date=March 12, 2024 |website=Green Car Reports |language=en |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312011621/https://www.greencarreports.com/news/1140019_rivian-acquires-a-better-routeplanner |url-status=live }}{{Cite web |last=Korosec |first=Kirsten |date=June 21, 2023 |title=Rivian's latest acquisition aims to make EV route planning better |url=https://techcrunch.com/2023/06/21/rivians-latest-acquisition-aims-to-make-ev-route-planning-better/ |access-date=March 12, 2024 |website=TechCrunch |language=en-US |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312011621/https://techcrunch.com/2023/06/21/rivians-latest-acquisition-aims-to-make-ev-route-planning-better/ |url-status=live }}{{Cite web |date=June 22, 2023 |title=Rivian Acquires Iternio Product "A Better Routeplanner" to Power Trip Planning {{!}} Ideon Science Park |url=https://ideon.se/news/rivian-acquires-iternio-product-a-better-routeplanner-to-power-trip-planning/ |access-date=March 12, 2024 |language=en-US |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312011623/https://ideon.se/news/rivian-acquires-iternio-product-a-better-routeplanner-to-power-trip-planning/ |url-status=live }}

In late 2023, it was reported that Amazon's total fleet size of the EDV had reached 10,000 units.{{cite web | url=https://insideevs.com/news/692018/amazon-has-doubled-size-its-rivian-edv-fleet-10000-units/ | title=Amazon Has Doubled the Size of Its Rivian EDV Fleet to 10,000 Units | access-date=October 19, 2023 | archive-date=July 6, 2024 | archive-url=https://web.archive.org/web/20240706205857/https://insideevs.com/news/692018/amazon-has-doubled-size-its-rivian-edv-fleet-10000-units/ | url-status=live }} In October 2023, the company also ended the exclusivity deal it had with Amazon, allowing Rivian to supply other commercial customers with its electric delivery vehicles. In December 2023 telecommunications company AT&T announced it would take delivery of the trucks from Rivian as part of a trial process for its fleet.{{Cite web |date=December 14, 2023 |title=AT&T to test out Rivian EDVs |url=https://www.evinfocus.com/at-t-to-test-out-rivian-edvs/ |access-date=December 15, 2023 |website=EV inFocus |language=en |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706205857/https://www.evinfocus.com/at-t-to-test-out-rivian-edvs/ |url-status=live }}

In October 2023 Rivian announced plans to open a new Georgia manufacturing facility with an annual production capacity of 400,000 units in early 2024.{{Cite web |date=October 23, 2023 |title=Rivian new Georgia plant to spit out 400,000 vehicles/yr |url=https://www.evinfocus.com/rivian-new-georgia-plant-to-spit-out-400-000-vehicles-yr/ |access-date=November 3, 2023 |website=EV inFocus |language=en |archive-date=November 3, 2023 |archive-url=https://web.archive.org/web/20231103155841/https://www.evinfocus.com/rivian-new-georgia-plant-to-spit-out-400-000-vehicles-yr/ |url-status=live }}

On February 21, 2024, Rivian announced it would be laying off 10% of its salaried workers beginning on February 23, 2024.{{Cite web |date=February 22, 2024 |title=Rivian to lay off 10% of its salaried workers amid challenges - CBS Detroit |url=https://www.cbsnews.com/detroit/news/rivian-to-lay-off-10-of-its-salaried-workers-amid-challenges/ |access-date=February 23, 2024 |website=www.cbsnews.com |language=en-US |archive-date=February 23, 2024 |archive-url=https://web.archive.org/web/20240223123314/https://www.cbsnews.com/detroit/news/rivian-to-lay-off-10-of-its-salaried-workers-amid-challenges/ |url-status=live }}

In March 2024, the project to open a factory in Georgia was put on hold for financial reasons. It was started up again in November 2024 when the federal government under the Biden Administration announced a $6 billion loan for the factory.{{cite news |url=https://www.nytimes.com/2024/11/25/business/biden-loans-ev-auto-industry.html |newspaper=The New York Times |title=Biden Administration to Lend $6 Billion for Rivian E.V. Factory |author=Jack Ewing |date=November 25, 2024}}

On March 7, 2024, Rivian unveiled the R2 SUV that starts from $45,000, much less than current models, and the R3, that will cost even less than the R2.{{Cite web |date=March 7, 2024 |title=The Rivian R2 and R3 are Rivian's smaller, more affordable off-road EVs |url=https://edition.cnn.com/2024/03/07/business/rivian-reveals-new-affordable-evs/index.html |access-date=March 14, 2024 |website=CNN |archive-date=March 14, 2024 |archive-url=https://web.archive.org/web/20240314073838/https://edition.cnn.com/2024/03/07/business/rivian-reveals-new-affordable-evs/index.html |url-status=live }}

On June 25, 2024, Volkswagen Group announced its intention to invest up to $5 billion in Rivian. The investment will commence with an initial $1 billion, with an additional $4 billion anticipated by 2026. This commitment includes $1 billion slated for each of 2025 and 2026, followed by an additional $2 billion in 2026 earmarked for a prospective joint venture aimed at developing electrical architecture and software technology.{{Cite web |date=June 25, 2024 |title=Rivian secures up to $5 billion from Volkswagen, shares soar 40% |url=https://www.nbcnews.com/business/autos/rivian-secures-5-billion-volkswagen-shares-soar-40-rcna158935 |access-date=June 25, 2024 |website=NBC News |language=en |archive-date=June 25, 2024 |archive-url=https://web.archive.org/web/20240625222726/https://www.nbcnews.com/business/autos/rivian-secures-5-billion-volkswagen-shares-soar-40-rcna158935 |url-status=live }}

Rivian and Volkswagen Group officially launched a joint venture to develop next-generation software-defined vehicle platforms, combining Rivian’s software and Volkswagen’s global scale and manufacturing capabilities.{{Cite web |title=Rivian and Volkswagen Group Announce the Launch of their Joint Venture - Newsroom - Rivian |url=https://rivian.com/newsroom/article/rivian-and-volkswagen-group-announce-the-launch-of-their-joint-venture |access-date=2025-05-09 |website=rivian.com |language=en-US}}

It was reported on July 29, 2024, that Germany's competition authority gave green light to the form of the joint venture by two companies.{{Cite news |last=Heine |first=Friederike |date=July 29, 2024 |title=German antitrust body gives green light to VW-Rivian joint venture |url=https://www.reuters.com/markets/deals/german-antitrust-body-gives-green-light-vw-rivian-joint-venture-2024-07-29/ |access-date=July 30, 2024 |work=Reuters}}

In February 2025, Rivian opened up orders for their Electric Commercial Van (ECV) to businesses managing fleets. {{cite news |last1=Hogan |first1=Mack |title=Rivian Van Orders Open: Anyone With A Business Can Buy A Commercial EV Van |url=https://insideevs.com/news/750035/rivian-rcv-now-available/ |access-date=12 March 2025 |publisher=InsideEVs |date=10 February 2025}}

{{Main|List of Rivian vehicles}}

Designed to be capable off-road, both R1 models have {{cvt|14|in}} of ground clearance. The truck was claimed in early testing to be able to accelerate from {{cvt|0–60|mph}} in under 3 seconds, wade through {{cvt|1.1|m|order=flip}} of water and climb a 45{{space}}degree incline. The truck has a motor near each of the four wheels, and like some competitors, each wheel can be controlled interdependently.{{Cite web |title=Rivian patents another maneuverability trick enabled by quad-motor layout |url=https://www.greencarreports.com/news/1132844_rivian-patents-another-maneuverability-trick-enabled-by-quad-motor-layout |access-date=August 7, 2021 |website=Green Car Reports |date=July 9, 2021 |language=en |archive-date=August 7, 2021 |archive-url=https://web.archive.org/web/20210807155553/https://www.greencarreports.com/news/1132844_rivian-patents-another-maneuverability-trick-enabled-by-quad-motor-layout |url-status=live}} According to Engadget, "the most expensive models will reach around {{convert|450|mi|km|disp=sqbr}} on a charge and feature [an] 800HP [{{convert|800|hp|kW|disp=out}}] electric motor Scaringe stated would beat Italian supercars." Rivian has said it is designing the vehicles to facilitate carsharing with their autonomous features. In addition, Rivian announced the intention to make an electric delivery van (EDV) in three different sizes, capable of carrying {{convert|500|, |700|or|900|cuft|m3}} of packages.{{Cite web |date=February 17, 2021 |title=Amazon's Rivian Prime Electric Delivery Van: 12 Things to Know |url=https://www.motortrend.com/news/2022-rivian-prime-delivery-van-first-look-review/ |access-date=June 30, 2021 |website=MotorTrend |language=en |archive-date=July 9, 2021 |archive-url=https://web.archive.org/web/20210709183635/https://www.motortrend.com/news/2022-rivian-prime-delivery-van-first-look-review/ |url-status=live}} All three EDVs would share their basic electrical and network architecture, ECUs and battery packs with the Rivian R1 models.

In December 2021, Rivian reported that it had over 71,000 pre-orders for its R1 models. They produced a total of 24,337 cars in 2022.

{{Main|Rivian R1T}}

File:Rivian-r1t-2021.jpg]]

The R1T is a pickup truck, which features four electric motors, two located on each axle (front and rear). The front two motors produce {{cvt|415|hp}} and {{cvt|413|lbft}} of torque while the rear two motors produce {{cvt|420|hp}} and {{cvt|495|lbft}} of torque.{{Cite web |last=Gold |first=Aaron |date=August 31, 2021 |title=The 2022 Rivian R1T Is the Most Remarkable Pickup We've Ever Driven |url=https://www.motortrend.com/reviews/2022-rivian-r1t-electric-pickup-truck-first-drive-review/ |access-date=September 13, 2021 |website=MotorTrend |language=en-US |archive-date=September 15, 2021 |archive-url=https://web.archive.org/web/20210915222549/https://www.motortrend.com/reviews/2022-rivian-r1t-electric-pickup-truck-first-drive-review/ |url-status=live}} The result is a Rivian-claimed {{cvt|0|–|60|mph}} time of 3.0 seconds.{{Cite web |url=https://rivian.com/support/article/how-quickly-can-you-accelerate-from-0-60-mph |title=How quickly can you accelerate from 0–60 mph? – Support Center |website=Rivian |access-date=September 13, 2021 |archive-date=September 13, 2021 |archive-url=https://web.archive.org/web/20210913204923/https://rivian.com/support/article/how-quickly-can-you-accelerate-from-0-60-mph |url-status=live}}

The Rivian R1T is offered with three battery sizes: 105 kWh, 135 kWh, or 180 kWh.{{Cite web |last=Lin |first=Kelly |date=September 10, 2021 |title=2022 Rivian R1T |url=https://www.motortrend.com/cars/rivian/r1t/ |access-date=September 13, 2021 |website=MotorTrend |language=en-US |archive-date=September 13, 2021 |archive-url=https://web.archive.org/web/20210913204921/https://www.motortrend.com/cars/rivian/r1t/ |url-status=live}} The R1T has a projected range of {{convert|230|mi}} with the smallest battery, {{convert|314|mi}} with the medium battery and over {{convert|400|mi}} with the largest battery. Extra batteries can be mounted in the R1T's bed for improved range. Those backup/auxiliary batteries can be charged by another R1T, if no charging infrastructure is available.{{Cite web |title=Rivians will be able to charge each other, auxiliary battery packs confirmed |url=https://www.motorauthority.com/news/1123515_rivians-will-be-able-to-charge-each-other-auxiliary-battery-packs-confirmed |access-date=September 17, 2021 |website=Motor Authority |date=June 10, 2019 |language=en |archive-date=September 17, 2021 |archive-url=https://web.archive.org/web/20210917021451/https://www.motorauthority.com/news/1123515_rivians-will-be-able-to-charge-each-other-auxiliary-battery-packs-confirmed |url-status=live}}

In December 2021, the R1T was named the Motor Trend Truck of the Year.{{cite news |last=Eisenstein |first=Paul A. |date=December 13, 2021 |title=Electric startups Lucid Air and Rivian are snapping up all the awards this year |publisher=CNBC |url=https://www.nbcnews.com/business/autos/electric-startups-lucid-air-rivian-are-snapping-awards-year-rcna8573 |access-date=December 21, 2021 |archive-date=December 21, 2021 |archive-url=https://web.archive.org/web/20211221212009/https://www.nbcnews.com/business/autos/electric-startups-lucid-air-rivian-are-snapping-awards-year-rcna8573 |url-status=live }}

In August 2022, the company announced it would eliminate the base model of the R1T, called the Explore package, due to low customer demand, and would emphasize the Adventure model. The company said this would help it "streamline" its supply chain issues and deliver as many vehicles as possible.{{Cite web |title=Rivian drops its cheapest trim level |url=https://techcrunch.com/2022/08/19/rivian-has-dropped-its-cheapest-trim-level-due-to-low-customer-demand/ |access-date=August 20, 2022 |website=TechCrunch |date=August 19, 2022 |language=en-US}}{{Cite web |last=Clark |first=Mitchell |date=August 18, 2022 |title=Rivian customers "enraged" after company cancels its most affordable electric truck |url=https://www.theverge.com/2022/8/18/23312081/rivian-r1t-r1s-price-increase-explore-package-discontinued |access-date=August 20, 2022 |website=The Verge |language=en |archive-date=July 5, 2023 |archive-url=https://web.archive.org/web/20230705110359/https://www.theverge.com/2022/8/18/23312081/rivian-r1t-r1s-price-increase-explore-package-discontinued |url-status=live }}{{Cite news |last=McLain |first=Sean |date=August 19, 2022 |title=Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/rivian-drops-cheapest-versions-of-its-electric-truck-and-suv-models-11660918668 |access-date=August 20, 2022 |issn=0099-9660 |archive-date=August 20, 2022 |archive-url=https://web.archive.org/web/20220820033610/https://www.wsj.com/articles/rivian-drops-cheapest-versions-of-its-electric-truck-and-suv-models-11660918668 |url-status=live }}

{{Main article|Rivian R1S}}

File:Rivian R1S, Howard Ave, Burlingame 3.jpg]]

The R1S is a sport utility vehicle version of the first Rivian platform. Because of a shared electric chassis, the R1S design aimed, {{as of|2018|lc=y}}, to have 91 percent shared components with the R1T. The chassis includes braking, suspension and cooling systems with a battery in the center.{{cite news |url=https://www.wglt.org/post/rivian-reveals-Skateboard-chassis-michigan-conference |title=Rivian Reveals 'Skateboard' Chassis at Michigan Conference |first=Ryan |last=Denham |work=WGLT News |date=June 19, 2018 |access-date=April 18, 2019 |archive-url=https://web.archive.org/web/20190418053225/https://www.wglt.org/post/rivian-reveals-Skateboard-chassis-michigan-conference |archive-date=April 18, 2019 |url-status=live}} Rivian's skateboard platform is a relatively flat, low center of gravity chassis typical of electric vehicles, which enables straightforward modification for different body types.{{cite news |date=December 23, 2019 |title=Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding |work=Bloomberg News |url=https://www.bloomberg.com/news/articles/2019-12-23/electric-truck-maker-rivian-raises-1-3-billion-led-by-t-rowe |url-status=live |access-date=December 24, 2019 |archive-url=https://web.archive.org/web/20191224142815/https://www.bloomberg.com/news/articles/2019-12-23/electric-truck-maker-rivian-raises-1-3-billion-led-by-t-rowe |archive-date=December 24, 2019}}

{{Main|Rivian EDV}}

File:Rivian EDV-700 front.jpg]]

Rivian entered into a commercial agreement with its investor Amazon, Inc. in February 2019. By September 2019, Amazon's Logistics division had agreed to collaborate with Rivian to design, produce, and purchase 100,000 electric delivery vehicles (EDVs). Initial plans suggested a first delivery date in 2021.{{cite news |last1=Channick |first1=Robert |title='We have a new automaker, for real': Rivian to build 100,000 electric vans for Amazon at its Illinois factory, starting in 2021 |url=https://www.chicagotribune.com/business/ct-biz-rivian-amazon-electric-delivery-van-20190919-245d2oz3ordhtcklnqhhnj62gi-story.html |work=Chicago Tribune |date=September 19, 2019 |access-date=September 21, 2019 |archive-date=November 6, 2019 |archive-url=https://web.archive.org/web/20191106223409/https://www.chicagotribune.com/business/ct-biz-rivian-amazon-electric-delivery-van-20190919-245d2oz3ordhtcklnqhhnj62gi-story.html |url-status=live}}{{Cite web |title=FORM 10-Q |date=December 16, 2021 |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001874178/000187417821000006/rivn-20210930.htm |access-date=December 23, 2021 |website=U.S. Securities & Exchange Commission |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193332/https://www.sec.gov/ix?doc=%2FArchives%2Fedgar%2Fdata%2F0001874178%2F000187417821000006%2Frivn-20210930.htm |url-status=live }} {{as of|2019}}, Amazon expected to have as many as 10,000 electric vans in operation by 2022, but was not planning to take delivery of the entire 100,000 Rivian vans the contract calls for until 2030.{{cite news |date=September 19, 2019 |title=Rivian Electric Commercial Van Will Soon Deliver Your Amazon Packages |url=https://www.motortrend.com/news/rivian-electric-delivery-van-amazon-photos-specs/ |last=Lin |first=Kelly |access-date=September 28, 2021 |work=Motor Trend |archive-date=October 16, 2019 |archive-url=https://web.archive.org/web/20191016222104/https://www.motortrend.com/news/rivian-electric-delivery-van-amazon-photos-specs |url-status=live}} In November 2022, Rivian announced that it had delivered 1,000 EDVs to Amazon. The Rivian collaboration is part of Amazon's plan to convert its delivery fleet to 100% renewable energy by 2030.{{cite news |date=September 19, 2019 |title=Amazon is purchasing 100,000 Rivian Electric Vans |publisher=CNBC |url=https://www.cnbc.com/2019/09/19/amazon-is-purchasing-100000-rivian-electric-vans.html |url-status=live |access-date=September 20, 2019 |archive-url=https://web.archive.org/web/20191007215056/https://www.cnbc.com/2019/09/19/amazon-is-purchasing-100000-rivian-electric-vans.html |archive-date=October 7, 2019}}

The van is slated to be built in three sizes, carrying {{cvt|500|ft3|m3|order=flip}}, {{cvt|700|ft3|m3|order=flip}}, or {{cvt|900|ft3|m3|order=flip}} of packages, each with the same stand-up interior height, but with a narrower smallest model. All of the vans will be built on the same platform, which shares the same electrical and network architecture, ECUs, and battery-pack design with the Rivian R1T/R1S models; most will use a basic single-motor e-axle drive unit driving the front wheels. The van is to be produced exclusively for Amazon, and will be built with a steel chassis on a "low-feature-content" assembly line to keep costs down. The van is explicitly designed to allow Amazon to reduce costs and shrink its carbon footprint.{{cite news |url=https://www.motortrend.com/features/2022-rivian-amazon-prime-delivery-van-future-cars/ |title=Future Cars: 2022 Rivian Amazon Prime Van Is One Special Delivery Vehicle |last=Markus |first=Frank |date=July 8, 2021 |work=Motor Trend |access-date=September 28, 2021 |archive-date=September 12, 2021 |archive-url=https://web.archive.org/web/20210912114008/https://www.motortrend.com/features/2022-rivian-amazon-prime-delivery-van-future-cars/ |url-status=live}}

A {{convert|150|mi|km|adj=on}} prototype for the Amazon electric delivery van was tested on public roads in early 2021. Testing began in Los Angeles{{cite news |last1=Alvarez |first1=Simon |date=February 3, 2021 |title=Rivian's Amazon electric delivery vans deployed for road testing in Los Angeles |url=https://www.teslarati.com/rivian-amazon-delivery-van-range-los-angeles-video/ |work=Teslarati |access-date=February 5, 2021 |archive-date=February 3, 2021 |archive-url=https://web.archive.org/web/20210203180740/https://www.teslarati.com/rivian-amazon-delivery-van-range-los-angeles-video/ |url-status=live}} and San Francisco. By April 2021, testing was being conducted in Denver{{cite news |last=Chuang |first=Tamarra |date=April 27, 2021 |title=Amazon's first electric vans started delivering packages in the Denver area this week |work=Colorado Sun |url=https://coloradosun.com/2021/04/27/amazon-electric-vans-denver-rivian/ |access-date=April 28, 2021 |archive-date=April 28, 2021 |archive-url=https://web.archive.org/web/20210428044213/https://coloradosun.com/2021/04/27/amazon-electric-vans-denver-rivian/ |url-status=live}} with plans to test in 16 U.S. cities in different climate zones. Tests in Oklahoma and Michigan were underway by July 2021.{{cite news |url=https://insideevs.com/news/523588/rivian-amazon-delivery-can-michigan/ |title=Rivian All-Electric Amazon Delivery Vans Testing On Detroit Roads |last=Loveday |first=Steven |date=July 30, 2021 |work=InsideEVs |access-date=September 28, 2021 |archive-date=September 24, 2021 |archive-url=https://web.archive.org/web/20210924004543/https://insideevs.com/news/523588/rivian-amazon-delivery-can-michigan/ |url-status=live}}

Amazon also will source electric vans and three-wheelers from other OEMs, such as Stellantis, Mercedes-Benz Group, and Mahindra.{{cite news |url=https://www.nytimes.com/2022/01/18/technology/amazon-electric-vans.html/ |title=Can Anyone Satisfy Amazon's Craving for Electric Vans? |first1=Karen |last1=Weise |first2=Neal E. |last2=Boudette |name-list-style=amp |date=January 18, 2022 |work=The New York Times |access-date=March 3, 2022 |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706205858/https://www.nytimes.com/2022/01/18/technology/amazon-electric-vans.html/ |url-status=live }} Deployment of the electric delivery vans began in nine U.S. cities in July 2022.{{Cite web |title=Amazon begins deploying its Rivian electric delivery vehicles |url=https://www.greencarcongress.com/2022/07/20220724-amazon.html |access-date=July 24, 2022 |website=Green Car Congress |archive-date=July 24, 2022 |archive-url=https://web.archive.org/web/20220724073028/https://www.greencarcongress.com/2022/07/20220724-amazon.html |url-status=live }}

Under terms of a 2019 agreement, Rivian was required to sell all of the vans it makes to Amazon. In early 2023, it was reported that Amazon had notified Rivian that it wanted to buy about 10,000 vans during the year. As this was at the low end of a range previously provided to the auto maker, in response Rivian sought to remove the exclusivity terms of the agreement.{{Cite news |last3=Eckert |first1=Sean |last1=McLain |first2=Dana |last2=Mattioli |first3=Nora |title=WSJ News Exclusive {{!}} Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact |url=https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d |access-date=March 13, 2023 |work=The Wall Street Journal |url-access=subscription |language=en-US |archive-date=March 13, 2023 |archive-url=https://web.archive.org/web/20230313133004/https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d |url-status=live }} Amazon agreed to end the exclusivity arrangement, allowing Rivian to be free to seek new commercial customers for the vans.{{cite web |title=Fleet - Rivian |url=https://rivian.com/fleet |website=rivian.com |access-date=January 10, 2024 |language=en |archive-date=September 21, 2023 |archive-url=https://web.archive.org/web/20230921223610/https://rivian.com/fleet |url-status=live }}

In February 2025, Rivian opened up orders for the vans to business fleet customers. Models sold for business fleets are branded as electric commercial vans (ECVs). {{cite news |last1=Hogan |first1=Mack |title=Rivian Van Orders Open: Anyone With A Business Can Buy A Commercial EV Van |url=https://insideevs.com/news/750035/rivian-rcv-now-available/ |access-date=12 March 2025 |publisher=InsideEVs |date=10 February 2025}}

{{Main|Rivian R2}}

The R2 is a smaller, less-expensive SUV on a new platform,{{cite news |url=https://www.motortrend.com/news/ford-and-rivian-partnership-explained/ |title=How Will Ford and Rivian's Partnership Unfold Going Forward? |author=Priddle, Alisa |date=March 26, 2021 |work=Motor Trend |access-date=June 1, 2023 |archive-date=June 1, 2023 |archive-url=https://web.archive.org/web/20230601202840/https://www.motortrend.com/news/ford-and-rivian-partnership-explained/ |url-status=live }} tentatively scheduled to launch in early 2026. It will be assembled at a new factory Rivian is building in Georgia (but will start initial production at the Normal, IL facility).{{cite news |url=https://www.theverge.com/2022/5/11/23067212/rivian-earnings-q1-2022-electric-truck-deliveries-stock |title=Rivian lost $1.59 billion and delivered 1,227 electric trucks in the first quarter of 2022 |author=Hawkins, Andrew J. |date=May 11, 2022 |work=The Verge |access-date=June 1, 2023 |archive-date=June 1, 2023 |archive-url=https://web.archive.org/web/20230601202840/https://www.theverge.com/2022/5/11/23067212/rivian-earnings-q1-2022-electric-truck-deliveries-stock |url-status=live }} In May 2023, a shrouded clay model of the R2 was shown during a recorded conversation between R.J. Scaringe and Rivian lead designer Jeff Hammoud. As expected, the R2 appears to be smaller than the R1S while retaining the same boxy design; the start of R2 production is still scheduled for 2026,{{cite news |url=https://www.theverge.com/2023/5/30/23742371/rivian-r2-suv-teaser-q-and-a |title=Rivian teases its next-generation R2 SUV that's smaller than the R1S |author=Shakir, Umar |date=May 30, 2023 |work=The Verge |access-date=June 1, 2023 |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706205858/https://www.theverge.com/2023/5/30/23742371/rivian-r2-suv-teaser-q-and-a |url-status=live }} but deliveries are now scheduled for 2026.{{cite news |url=https://www.autoblog.com/2023/05/30/rivian-r2-teased/ |title=Rivian R2 due in 2026 teased during Instagram Q&A |author=Ramsey, Jonathon |date=May 30, 2023 |work=Autoblog |access-date=June 1, 2023 |archive-date=June 1, 2023 |archive-url=https://web.archive.org/web/20230601202840/https://www.autoblog.com/2023/05/30/rivian-r2-teased/ |url-status=live }} In June 2023 it was reported that the R2 would cost between $40,000 to $60,000 at its launch which would make it less expensive than the R1 models and that a pickup truck version of the R2 may also be created alongside the SUV.{{Cite web |date=June 22, 2023 |title=Rivian R2 Compact SUV Targeted for 2026 Launch, $45,000 Starting Price |url=https://www.caranddriver.com/news/a44285636/2026-rivian-r2-compact-suv-launch-details/ |access-date=July 16, 2023 |website=Car and Driver |language=en-US |archive-date=July 16, 2023 |archive-url=https://web.archive.org/web/20230716234732/https://www.caranddriver.com/news/a44285636/2026-rivian-r2-compact-suv-launch-details/ |url-status=live }}

{{Main|Rivian R3}}

The Rivian R3 is an upcoming electric compact SUV.

The Rivian R3X is a higher-performance variant of the R3 that will feature higher ground clearance and a tri-motor setup.

File:Rivian R1T (52730983574).jpg

In March 2021, Rivian announced ambitious plans to develop a network of public charging stations across the United States and Canada by the end of 2023. Usage will be restricted to Rivian owners only. Similar to competitor Tesla, it plans to offer a combination of fast chargers and slower destination chargers and also sell home chargers. The target for the charging network is set for 600 Rivian-exclusive Adventure Network sites made up of 3,500 DC fast chargers at high-traffic locations; 200 kW will be the initial charging speed, with an eventual target of 300 kW.

The company is also planning 10,000 destination chargers (Level 2, 11.5 kW)—called "Rivian Waypoints"—at retail, lodging and dining businesses, as well as parks and other locations; Waypoint chargers are designed to be usable by all electric vehicles with a J1772 connector.{{Cite web |title=Charging your Rivian – Rivian Stories |url=https://stories.rivian.com/charging-your-rivian |access-date=March 24, 2021 |website=Exposure |language=en |archive-date=March 19, 2021 |archive-url=https://web.archive.org/web/20210319232140/https://stories.rivian.com/charging-your-rivian |url-status=live}} Starting July 2021, Rivian planned to install two Rivian Waypoint chargers at up to 50 Colorado State Parks and state recreation areas.{{Cite web |last=Webb |first=Dennis |date=March 21, 2021 |title=CPW panel OKs moving forward on deal to put EV chargers in parks |url=https://www.gjsentinel.com/news/cpw-panel-oks-moving-forward-on-deal-to-put-ev-chargers-in-parks/article_cb34e14c-88cf-11eb-bc64-8b1bad3611ff.html |access-date=March 24, 2021 |website=The Grand Junction Daily Sentinel |language=en |archive-date=March 22, 2021 |archive-url=https://web.archive.org/web/20210322235602/https://www.gjsentinel.com/news/cpw-panel-oks-moving-forward-on-deal-to-put-ev-chargers-in-parks/article_cb34e14c-88cf-11eb-bc64-8b1bad3611ff.html |url-status=live}}{{Cite web |date=March 23, 2021 |title=Panel OKs agreement to install electric vehicle chargers in Colorado state parks |url=https://www.denverpost.com/2021/03/23/electric-vehicle-chargers-colorado-state-parks/ |access-date=March 24, 2021 |website=The Denver Post |language=en-US |archive-date=March 23, 2021 |archive-url=https://web.archive.org/web/20210323203342/https://www.denverpost.com/2021/03/23/electric-vehicle-chargers-colorado-state-parks/ |url-status=live}}{{Cite web |date=March 18, 2021 |title=All state parks in Colorado will get electric vehicle charging stations in deal with EV maker Rivian |url=https://coloradosun.com/2021/03/18/colorado-gets-electric-car-charges-for-all-parks/ |access-date=March 24, 2021 |website=The Colorado Sun |language=en |archive-date=March 23, 2021 |archive-url=https://web.archive.org/web/20210323202809/https://coloradosun.com/2021/03/18/colorado-gets-electric-car-charges-for-all-parks/ |url-status=live}} However, by October, none had yet been installed as the contract was still making its way through state government bureaucracy with first installations expected in early 2022.{{Cite web |last=Booth |first=Michael |date=October 14, 2021 |title=Rivian electric vehicle chargers not coming to Colorado parks anytime soon |url=https://coloradosun.com/2021/10/14/electric-vehicle-chargers-colorado-state-parks/ |url-status=live |access-date=October 22, 2021 |website=The Colorado Sun |language=en |archive-date=October 14, 2021 |archive-url=https://web.archive.org/web/20211014152939/https://coloradosun.com/2021/10/14/electric-vehicle-chargers-colorado-state-parks/}} In September 2021, the first Waypoint 11.5 kW chargers were installed near Moab, Utah.{{Cite web |date=September 14, 2021 |title=Rivian's First Waypoint Charging Stations Have Popped Out Around Moab |url=https://www.carscoops.com/2021/09/rivians-first-waypoint-charging-stations-have-popped-out-around-moab/ |access-date=November 25, 2021 |website=Carscoops |language=en-US |archive-date=September 14, 2021 |archive-url=https://web.archive.org/web/20210914200540/https://www.carscoops.com/2021/09/rivians-first-waypoint-charging-stations-have-popped-out-around-moab/ |url-status=live }}{{Cite web |last=Tsui |first=Chris |title=New Rivian Charging Stations Pop Up Around Moab |url=https://www.thedrive.com/news/42348/new-rivian-charging-stations-pop-up-around-moab |access-date=November 25, 2021 |website=The Drive |date=September 13, 2021 |language=en |archive-date=November 25, 2021 |archive-url=https://web.archive.org/web/20211125080243/https://www.thedrive.com/news/42348/new-rivian-charging-stations-pop-up-around-moab |url-status=live }}

In July 2021, Rivian and the state of Tennessee announced plans to install Waypoint chargers at all 56 Tennessee state parks, saying that "Rivian will begin site surveys and engineering over the summer, with installation beginning as early as fall 2021".{{Cite web |title=State Parks, Rivian Partner on Electric Vehicle Charging Stations |url=https://www.tn.gov/environment/news/2021/7/21/state-parks--rivian-partner-on-electric-vehicle-charging-stations.html |access-date=October 22, 2021 |website=Tennessee State Government |language=en |archive-date=October 22, 2021 |archive-url=https://web.archive.org/web/20211022070643/https://www.tn.gov/environment/news/2021/7/21/state-parks--rivian-partner-on-electric-vehicle-charging-stations.html |url-status=live}}{{Cite web |last=Alamalhodaei |first=Aria |date=July 21, 2021 |title=Rivian plans to install EV chargers in Tennessee's 56 state parks |url=https://techcrunch.com/2021/07/21/rivian-is-installing-ev-chargers-in-tennessees-56-state-parks/ |url-status=live |access-date=October 22, 2021 |website=TechCrunch |language=en-US |archive-date=October 25, 2021 |archive-url=https://web.archive.org/web/20211025192414/https://techcrunch.com/2021/07/21/rivian-is-installing-ev-chargers-in-tennessees-56-state-parks/}} The first site, Radnor Lake State Park, was unveiled on October 1, 2021.{{Cite web |title=Rivian Waypoint Chargers unveiled at Radnor Lake State Park |url=https://www.driveelectrictn.org/rivian-waypoint-chargers-unveiled-at-radnor-lake-state-park/ |url-status=live |access-date=October 22, 2021 |website=Drive Electric Tennessee |language=en-US |archive-date=October 22, 2021 |archive-url=https://web.archive.org/web/20211022070918/https://www.driveelectrictn.org/rivian-waypoint-chargers-unveiled-at-radnor-lake-state-park/}}

In June 2023 it was reported that Rivian adopted the North American Charging System for its vehicles in North America beginning in the 2025 model year.{{Cite web |last=Burns |first=Matt |date=June 20, 2023 |title=Rivian to adopt Tesla's North American Charging Standard |url=https://techcrunch.com/2023/06/20/rivian-to-adopt-teslas-nacs-charging-standard/ |access-date=July 16, 2023 |website=TechCrunch |language=en-US |archive-date=July 16, 2023 |archive-url=https://web.archive.org/web/20230716235203/https://techcrunch.com/2023/06/20/rivian-to-adopt-teslas-nacs-charging-standard/ |url-status=live }}

File:Rivian Normal Plant Floor.jpg pickup rolls off the Normal, Illinois, assembly line, September 28, 2021]]

Rivian is headquartered in Irvine, California, with its location focusing on vehicle engineering and design, propulsion and battery system development, and commercial functions. Rivian's sole production factory in Normal, Illinois,{{cite news |last=Marcus |first=Frank |date=June 19, 2018 |title=2020 Rivian Pickup and SUV First Look: Elec-Trucks |work=MotorTrend|location=US |url=https://www.motortrend.com/news/2020-rivian-pickup-suv-first-look-review/ |url-status=live |access-date=April 20, 2019 |archive-url=https://web.archive.org/web/20190420182303/https://www.motortrend.com/news/2020-rivian-pickup-suv-first-look-review/ |archive-date=April 20, 2019}} manufactures vehicle components, such as battery packs. The 2.6-million-square-foot (240,000 m²) plant has a paint shop, robotics, stamping machines, and other production equipment, such as injection molding. Rivian's facility in Plymouth, Michigan, focuses on vehicle engineering, prototyping, supply chain, and accounting. Rivian's facility in Palo Alto, California, focuses on software development and engineering, including self-driving features.{{Cite web |date=November 8, 2021 |title=The Funded: A Tesla rival could raise $10B in an IPO this week, which would be the biggest offering in 7 years |url=https://www.bizjournals.com/sanjose/news/2021/11/08/tesla-rival-rivian-gears-up-for-jumbo-sized-ipo.html |archive-url=https://archive.today/20211108231505/https://www.bizjournals.com/sanjose/news/2021/11/08/tesla-rival-rivian-gears-up-for-jumbo-sized-ipo.html |archive-date=November 8, 2021 |access-date=March 6, 2022 |website=The Business Journals |url-status=live }}{{Cite web |date=April 12, 2021 |title=Rivian R1T spotted with LiDAR rig in Palo Alto as more questions arise about Driver+ |url=https://www.teslarati.com/rivian-r1t-lidar-sensor/ |access-date=March 5, 2022 |website=Teslarati |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306072536/https://www.teslarati.com/rivian-r1t-lidar-sensor/ |url-status=live }} The company has additional office locations in Carson, California, and Woking, England, working on electric power conversion and advanced engineering, respectively.{{Cite web |date=July 10, 2020 |title=Electric truck maker Rivian raises $2.5 billion in funding round |url=https://www.ocregister.com/2020/07/10/electric-truck-maker-rivian-raises-2-5-billion-in-funding-round |access-date=March 6, 2022 |website=Orange County Register |language=en-US |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306145642/https://www.ocregister.com/2020/07/10/electric-truck-maker-rivian-raises-2-5-billion-in-funding-round/ |url-status=live }}{{Cite web |title=Inside Rivian: we visit the pioneering 4x4 electric car brand |url=https://www.carmagazine.co.uk/features/car-culture/inside-rivian-electric-car-company/ |access-date=March 6, 2022 |website=CAR Magazine |language=en |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706205901/https://www.carmagazine.co.uk/features/car-culture/inside-rivian-electric-car-company/ |url-status=live }}

Rivian's Normal factory has steadily grown over the years. In July 2020, Rivian's plans for additions totaling 576,000 sq ft to its production facility were approved by the town council.{{Cite web |date=October 29, 2021 |title=Rivian plans largest expansion so far at plant in Normal |url=https://www.wjbc.com/2021/10/29/rivian-plans-largest-expansion-so-far-at-plant-in-normal/ |access-date=March 6, 2022 |website=WJBC AM 1230 |language=en-US |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306072531/https://www.wjbc.com/2021/10/29/rivian-plans-largest-expansion-so-far-at-plant-in-normal/ |url-status=live }} In October 2021, Rivian made public plans to grow the facility with a {{cvt|623000|sqft|m2}} addition to be built on the west side of the existing facility, which if built would bring the total Rivian facility size to {{cvt|3900000|sqft|m2|adj=on}}.{{cite news |title=Rivian plans largest expansion at Normal plant since its acquisition |url=https://pantagraph.com/business/local/rivian-plans-largest-expansion-at-normal-plant-since-its-acquisition/article_52aa6bbb-6762-5f95-aed1-a77da1a76f78.html |last=Watznauer |first=Kelsey |work=The Pantagraph |date=October 30, 2021 |access-date=November 1, 2021 |archive-date=November 1, 2021 |archive-url=https://web.archive.org/web/20211101113209/https://pantagraph.com/business/local/rivian-plans-largest-expansion-at-normal-plant-since-its-acquisition/article_52aa6bbb-6762-5f95-aed1-a77da1a76f78.html |url-status=live }}

In December 2021, Rivian announced plans to build a $5 billion battery and assembly plant east of Atlanta. Construction is planned to begin in summer 2022 with car production beginning in 2024 with plans to manufacture up to 400,000 vehicles a year. The plant is currently projected to employ 7,500 workers with possible growth to 10,000 workers.{{Cite news |last1=Trubey |first1=J. Scott |last2=Bluestein |first2=Greg |last3=Peters |first3=Andy |title=UPDATE: Rivian confirms EV factory, thousands of jobs for Georgia |language=English |work=The Atlanta Journal-Constitution |url=https://www.ajc.com/news/rivian-confirms-ev-factory-thousands-of-jobs-coming-to-georgia/CUH7ZNS5URGODNQG7CEUU2FCVY/ |access-date=March 6, 2022 |issn=1539-7459 |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306072535/https://www.ajc.com/news/rivian-confirms-ev-factory-thousands-of-jobs-coming-to-georgia/CUH7ZNS5URGODNQG7CEUU2FCVY/ |url-status=live }} Some locals are opposed to the Rivian plant with reasons such as environmental concerns and government costs, including Georgia proposing to allocate $125 million for costs associated with the factory.{{Cite news |last=Gelles |first=David |date=March 14, 2022 |title=How an Electric Truck Factory Became a Lightning Rod in Georgia |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/03/14/climate/rivian-georgia-kemp-perdue.html |access-date=April 3, 2022 |issn=0362-4331 |archive-date=April 3, 2022 |archive-url=https://web.archive.org/web/20220403022826/https://www.nytimes.com/2022/03/14/climate/rivian-georgia-kemp-perdue.html |url-status=live }} In early 2024, the company announced that it was putting on hold construction of the Georgia plant, the land for which had been at least 90% graded. For the present, all vehicles will continue to be made in the Normal plant.{{cite web | url=https://reason.com/2024/03/08/rivian-pauses-construction-at-factory-that-costs-georgia-taxpayers-1-5-billion/ | title=Rivian pauses construction at factory that costs Georgia taxpayers $1.5 billion | date=March 8, 2024 | access-date=March 8, 2024 | archive-date=March 8, 2024 | archive-url=https://web.archive.org/web/20240308235155/https://reason.com/2024/03/08/rivian-pauses-construction-at-factory-that-costs-georgia-taxpayers-1-5-billion/ | url-status=live }}

The chart below presents the quarterly sales of Rivian Electric Vehicles as per the data provided by the company in the shareholder letters for the financial years mentioned.{{cite web |url=https://rivian.com/investors |title=Quarterly Results: Shareholder letter |access-date=August 10, 2023 |archive-date=August 10, 2023 |archive-url=https://web.archive.org/web/20230810230528/https://rivian.com/investors |url-status=live }}

As of December 2021, Rivian is a public company trading under the symbol RIVN on the Nasdaq stock exchange.

From initial seed stage capital invested by CEO Scaringe in 2009 to its final $2.5 billion round in 2021, Rivian secured 10 rounds of private funding to support the completion of development of line of its vehicles and build out to support production.{{cite news |last=Schwartz |first=Nelson |date=June 23, 2021 |title=Meet the Man Quietly Building the Tesla of Trucks, With Jeff Bezos Aboard |work=The New York Times |url=https://www.nytimes.com/2019/07/02/business/rj-scaringe-rivian.html |url-status=live |access-date=October 5, 2021 |archive-url=https://web.archive.org/web/20210520235219/https://www.nytimes.com/2019/07/02/business/rj-scaringe-rivian.html |archive-date=May 20, 2021}}{{Cite web |title=Rivian raises another $2.5B, pushing its EV war chest up to $10.5B |url=https://techcrunch.com/2021/07/23/rivian-raises-another-2-5b-pushing-its-ev-war-chest-up-to-10-5b/ |access-date=December 23, 2021 |website=TechCrunch |date=July 23, 2021 |language=en-US}} On November 10, 2021, the company completed its initial public offering, raising $13.5 billion.

In 2011, the company filed a Form D, reporting debts and warrants totaling $250,000.{{Cite web |title=SEC FORM D |date=December 15, 2011 |url=https://www.sec.gov/Archives/edgar/data/1537332/000153733211000002/xslFormDX01/primary_doc.xml |access-date=December 23, 2021 |website=U.S. Securities & Exchange Commission |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193332/https://www.sec.gov/Archives/edgar/data/1537332/000153733211000002/xslFormDX01/primary_doc.xml |url-status=live }} The following year, in 2012 the company filed a second Form D, reporting debts and warrants totaling $1 million{{Cite web |title=SEC FORM D |date=August 8, 2012 |url=https://www.sec.gov/Archives/edgar/data/1537332/000153733212000001/xslFormDX01/primary_doc.xml |access-date=December 23, 2021 |website=U.S. Securities & Exchange Commission |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193330/https://www.sec.gov/Archives/edgar/data/1537332/000153733212000001/xslFormDX01/primary_doc.xml |url-status=live }} Jeddah-based investment firm Abdul Latif Jameel claims to have been the company's earliest investor.{{Cite web |title=How Abdul Latif Jameel (ALJ) leads with purpose |url=https://www.mckinsey.com/business-functions/sustainability/our-insights/how-alj-a-75-year-old-start-up-leads-with-purpose |access-date=December 23, 2021 |website=McKinsey |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193331/https://www.mckinsey.com/business-functions/sustainability/our-insights/how-alj-a-75-year-old-start-up-leads-with-purpose |url-status=live }}{{cite news |url=https://www.bloomberg.com/news/articles/2019-02-15/musk-like-or-not-this-36-year-old-ceo-has-amazon-riding-shotgun |title=Musk-Like it or Not, This 36-Year-Old CEO Has Amazon Riding Shotgun |last1=Welch |first1=David |last2=Dawson |first2=Chester |last3=Coppola |first3=Gabrielle |date=February 15, 2019 |work=The New York Times |access-date=October 5, 2021 |archive-date=October 5, 2021 |archive-url=https://web.archive.org/web/20211005232215/https://www.bloomberg.com/news/articles/2019-02-15/musk-like-or-not-this-36-year-old-ceo-has-amazon-riding-shotgun |url-status=live}} From 2013 to 2016, there were no filings or announcements of funding for Rivian. Cumulative funding remained at $1.25 million.{{Cite web |title=Rivian's mega-IPO was built with a truckload of private capital {{!}} PitchBook |url=https://pitchbook.com/news/articles/rivian-ipo-timeline-electric-vehicles |access-date=December 23, 2021 |website=pitchbook.com |language=en |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193330/https://pitchbook.com/news/articles/rivian-ipo-timeline-electric-vehicles |url-status=live }}

In January 2017, at the time the company acquired the former Mitsubishi plant in Normal, Illinois, Rivian received a $1 million grant and a five-year tax abatement from Normal, contingent on meeting certain employment targets and investing $40.5 million over five years.{{cite news |last1=Bundle |first1=Matt |title=Rivian quietly brings former Mitsubishi plant back to life |url=https://www.pjstar.com/news/20170805/rivian-quietly-brings-former-mitsubishi-plant-back-to-life |access-date=November 28, 2017|work=PJ Journal Star |date=August 5, 2017 |archive-url=https://web.archive.org/web/20171201043453/http://www.pjstar.com/news/20170805/rivian-quietly-brings-former-mitsubishi-plant-back-to-life |archive-date=December 1, 2017 |url-status=live}} Rivian also received $49.5 million in tax credits from the Illinois state government; these credits are also contingent upon meeting employment targets and investing at least $175 million into the site by 2024.{{cite news |last1=Prenzler |first1=Christian |title=Mysterious electric vehicle startup, Rivian Automotive closes deal on massive manufacturing facility in Illinois |url=https://www.teslarati.com/rivian-automotive-ev-startup-buys-mitsubishi-plant/ |access-date=December 1, 2017 |website=Teslarati.com |date=January 6, 2017 |archive-url=https://web.archive.org/web/20171201182516/https://www.teslarati.com/rivian-automotive-ev-startup-buys-mitsubishi-plant/ |archive-date=December 1, 2017 |url-status=live}} Sumitomo Corporation made a "large strategic investment" in Rivian in December 2017. The amount was not disclosed.{{cite news |url=https://www.wglt.org/post/investor-joins-rivian-electric-automaker-staffs |title=Investor Joins Rivian As Electric Automaker Staffs Up |first=Ryan |last=Denham |work=WGLT News |date=December 17, 2017 |access-date=April 18, 2019 |archive-url=https://web.archive.org/web/20190418053224/https://www.wglt.org/post/investor-joins-rivian-electric-automaker-staffs |archive-date=April 18, 2019 |url-status=live}}{{cite news |url=https://www.adaptbn.com/home/2017/12/14/rivians-reveals-strategic-investor-and-first-vehicles |title=Rivian Reveals Strategic Investor and First Vehicles |last=Prenzler |first=Christian |date=December 12, 2017 |work=AdaptBN |access-date=August 21, 2018 |language=en-US |archive-url=https://web.archive.org/web/20180821062632/https://www.adaptbn.com/home/2017/12/14/rivians-reveals-strategic-investor-and-first-vehicles |archive-date=August 21, 2018 |url-status=usurped}} Announced on May 23, 2018, Rivian closed on $200 million in debt financing from Standard Chartered Bank, bringing total raised funds to upwards of $450 million. Other backers at the time included existing investors Abdul Latif Jameel and Sumitomo Corporation.{{cite news |url=https://www.adaptbn.com/home/2018/5/23/rivian-announces-half-a-billion-in-funding-raising-200m-in-debt-from-london-based-bank |title=Rivian Announces 'Half a Billion' in Funding, Including $200M in Debt from London-based Bank |last=Prenzler |first=Christian |date=May 23, 2018 |work=AdaptBN |access-date=August 21, 2018 |language=en-US |archive-url=https://web.archive.org/web/20180821062635/https://www.adaptbn.com/home/2018/5/23/rivian-announces-half-a-billion-in-funding-raising-200m-in-debt-from-london-based-bank |archive-date=August 21, 2018 |url-status=usurped}}

Announced on February 15, 2019, Amazon led an investment round of $700 million into Rivian. The round included participation from existing shareholders.{{cite news |url=https://www.nytimes.com/2019/02/15/business/rivian-amazon.html |title=Amazon Invests in Rivian, a Tesla Rival in Electric Vehicles |first=Neal E. |last=Boudette |newspaper=The New York Times |date=February 15, 2019 |access-date=February 15, 2019 |archive-url=https://web.archive.org/web/20190406030227/https://www.nytimes.com/2019/02/15/business/rivian-amazon.html |archive-date=April 6, 2019 |url-status=live}} Another announcement a couple months later on April 24, 2019, Ford Motor Company invested $500 million at a pre-money valuation of $4.5 billion.{{cite news |url=https://www.reuters.com/article/us-rivian-ford-motor/ford-motor-puts-500-million-into-electric-pickup-producer-rivian-idUSKCN1S01LD |title=Ford Motor puts $500 million into electric pickup producer Rivian |first1=Paul |last1=Lienert |first2=Ankit |last2=Ajmera |work=Reuters |location=US |date=April 24, 2019 |access-date=April 28, 2019 |archive-url=https://web.archive.org/web/20190426102621/https://www.reuters.com/article/us-rivian-ford-motor/ford-motor-puts-500-million-into-electric-pickup-producer-rivian-idUSKCN1S01LD |archive-date=April 26, 2019 |url-status=live}} On September 10, 2019, Cox Automotive invested $350 million into Rivian, bringing the total raised in 2019 to $1.5 billion. Rivian remained independent, but Cox Automotive planned to add a representative to Rivian's board as part of the investment.{{Cite news |url=https://electrek.co/2019/09/10/rivian-electric-pickup-investment-cox-automotive/ |title=Electric pickup maker Rivian can't stop raising money, adds $350 million from Cox Automotive |last=Lambert |first=Fred |date=September 10, 2019 |work=Electrek |access-date=September 11, 2019 |archive-date=November 11, 2019 |archive-url=https://web.archive.org/web/20191111181936/https://electrek.co/2019/09/10/rivian-electric-pickup-investment-cox-automotive/ |url-status=live}} On November 19, 2021, Ford and Rivian announced that they no longer plan to co-develop an electric vehicle. Originally, both companies had planned the joint development of a vehicle for Ford's luxury Lincoln brand. Those plans were canceled in 2020.{{Cite news |first=Michael |last=Wayland |url=https://www.cnbc.com/2021/11/19/ford-and-rivian-cancel-plans-to-jointly-develop-an-electric-vehicle.html |title=Ford and Rivian cancel plans to jointly develop an electric vehicle |publisher=CNBC |access-date=March 28, 2022 |archive-date=March 18, 2022 |archive-url=https://web.archive.org/web/20220318032211/https://www.cnbc.com/2021/11/19/ford-and-rivian-cancel-plans-to-jointly-develop-an-electric-vehicle.html |url-status=live }}{{Cite news |last=Korosec |first=Kirsten |url=https://techcrunch.com/2020/04/28/ford-cancels-lincoln-electric-vehicle-program-with-rivian/ |title=Ford cancels Lincoln electric vehicle program with Rivian |date=April 28, 2020 |work=TechCrunch |access-date=April 29, 2020 |archive-date=April 29, 2020 |archive-url=https://web.archive.org/web/20200429013554/https://techcrunch.com/2020/04/28/ford-cancels-lincoln-electric-vehicle-program-with-rivian/ |url-status=live}} Ford continued to hold a stake in Rivian, valued at over $10 billion as of November 2021.{{Cite news |last=O'Kane |first=Sean |url=https://www.theverge.com/2021/11/19/22791984/ford-rivian-ev-canceled-investment-ipo-jim-farley/ |title=Ford drops plan for Rivian-powered EV |date=November 19, 2021 |work=The Verge |access-date=November 20, 2021 |archive-date=November 19, 2021 |archive-url=https://web.archive.org/web/20211119230715/https://www.theverge.com/2021/11/19/22791984/ford-rivian-ev-canceled-investment-ipo-jim-farley |url-status=live }} In December 2019, Rivian announced it raised {{US$|1.3}}{{nbsp}}billion in a round led by investment manager T Rowe Price with existing investors Ford and Amazon, alongside new investors London/New York firm Pario Ventures and BlackRock-managed funds.

Announced on January 19, 2021, Rivian raised $2.65 billion led by existing investor T. Rowe Price alongside Soros Fund Management, Fidelity Management & Research, Coatue Management, BlackRock-managed funds, Abdul Latif Jameel, and Amazon, now through its Climate Pledge Fund, plus new investors D1 Capital Partners.{{Cite news |title=Electric-Truck Maker Rivian Raises $2.65 Billion Ahead of First Vehicle Launch |last=Foldy |first=Ben|newspaper=The Wall Street Journal |date=January 19, 2021 |access-date=January 20, 2021 |url=https://www.wsj.com/articles/electric-truck-maker-rivian-raises-2-65-billion-ahead-of-first-vehicle-launch-11611075656 |archive-date=January 20, 2021 |archive-url=https://web.archive.org/web/20210120174120/https://www.wsj.com/articles/electric-truck-maker-rivian-raises-2-65-billion-ahead-of-first-vehicle-launch-11611075656 |url-status=live}} Abdul Latif J holds almost 114 million shares in Rivian acquired through $303 million of loans made to the company.{{cite web |title=Rivian's IPO mints $11.5bn fortune for Saudi investor |url=https://www.arabianbusiness.com/companies/470871-rivians-ipo-delivers-near-9bn-fortune-for-saudi-investor |access-date=November 11, 2021 |website=Arabian Business |archive-date=November 10, 2021 |archive-url=https://web.archive.org/web/20211110211335/https://www.arabianbusiness.com/companies/470871-rivians-ipo-delivers-near-9bn-fortune-for-saudi-investor |url-status=live }} Bloomberg estimated the company's value at nearly $28 billion.{{Cite web |date=August 2, 2021 |title=Will Irvine-based Rivian be the 'Tesla of trucks?' |url=https://www.ocregister.com/2021/08/02/will-irvine-based-rivian-be-the-tesla-of-trucks |url-status=live |archive-url=https://web.archive.org/web/20210803170820/https://www.ocregister.com/2021/08/02/will-irvine-based-rivian-be-the-tesla-of-trucks/ |archive-date=August 3, 2021 |access-date=August 7, 2021 |website=Orange County Register |language=en-US}}{{Cite web |last=Ludlow |first=Edward |title=EV Startup Rivian Said to Reach $27.6 Billion Value on New Funds |url=https://www.bloombergquint.com/business/amazon-backed-ev-startup-rivian-raises-2-65-billion |access-date=March 6, 2022 |website=BloombergQuint |date=January 19, 2021 |language=en}} Announced on July 23, 2021, Rivian raised $2.5 billion in a round led by Amazon's Climate Pledge Fund, D1 Capital Partners, and Ford Motor Company, alongside existing investors T. Rowe Price, Coatue Management, Fidelity Management & Research. New investors Third Point Ventures and Dragoneer Investment Group joined the round.

In August 2021, Rivian filed for an initial public offering, seeking a valuation as high as $80 billion.{{Cite news |last=Heilweil |first=Rebecca |date=August 30, 2021 |title=Amazon's favorite electric vehicle company is going public at a very tricky time |work=Vox Media |url=https://www.vox.com/recode/22649283/rivian-ipo-tesla-suv-pickup-electric-vehicles-ev |url-status=live |access-date=August 31, 2021 |archive-url=https://web.archive.org/web/20210830235338/https://www.vox.com/recode/22649283/rivian-ipo-tesla-suv-pickup-electric-vehicles-ev |archive-date=August 30, 2021}} By then, the firm had raised a total of approximately $11 billion.{{cite news |last=DiFurio |first=Dom |date=August 27, 2021 |title=EV startup Rivian quietly establishes foothold across Texas as states compete for its next plant |work=The Dallas Morning News |url=https://www.dallasnews.com/business/technology/2021/08/27/ev-startup-rivian-quietly-establishes-foothold-across-texas-as-states-compete-for-its-next-plant/ |url-status=live |access-date=October 5, 2021 |archive-url=https://web.archive.org/web/20211005232216/https://www.dallasnews.com/business/technology/2021/08/27/ev-startup-rivian-quietly-establishes-foothold-across-texas-as-states-compete-for-its-next-plant/ |archive-date=October 5, 2021}}

In November 2021, Rivian completed its IPO with net proceeds to the firm of $13.5 billion. While initial price targets were in the $58 to $62 range, the actual offering price was $78.00 per share. On its first trading day on November 10, the stock closed at $100.73 per share with a market value of just under $100 billion.{{Cite web |last=Priddle |first=Alisa |date=November 10, 2021 |title=Who Owns Rivian? |url=https://www.motortrend.com/features/rivian-owners-stakeholders-investors/ |access-date=November 12, 2021 |website=MotorTrend |language=en-US |archive-date=November 12, 2021 |archive-url=https://web.archive.org/web/20211112172808/https://www.motortrend.com/features/rivian-owners-stakeholders-investors/ |url-status=live }} At that value, it was worth more than General Motors or Ford and was behind only Tesla in terms of the market cap of automakers. CEO R.J. Scaringe's ownership of 17.6 million shares was worth approximately $2 billion.{{Cite web |last=Levy |first=Ari |date=November 11, 2021 |title=Rivian founder R.J. Scaringe is worth $2.2 billion after his company's two-day IPO pop |url=https://www.cnbc.com/2021/11/11/rivian-founder-rj-scaringe-is-worth-2point2-billion-after-companys-ipo.html |access-date=March 11, 2022 |publisher=CNBC |language=en |archive-date=April 23, 2023 |archive-url=https://web.archive.org/web/20230423060630/https://www.cnbc.com/2021/11/11/rivian-founder-rj-scaringe-is-worth-2point2-billion-after-companys-ipo.html |url-status=live }}

Amazon purchased $200 million of stock in the IPO, raising its total stake in Rivian to 22%.{{Cite news |last=Wilhelm |first=Alex |date=November 13, 2021 |title=Amazon adds to its Rivian stake |work=TechCrunch |url=https://techcrunch.com/2021/11/12/amazon-adds-to-its-rivian-stake/ |url-status=live |access-date=November 13, 2021 |archive-url=https://web.archive.org/web/20211113015555/https://techcrunch.com/2021/11/12/amazon-adds-to-its-rivian-stake/ |archive-date=November 13, 2021}} Previously, in October 2021, Amazon stated that it owned a 20% stake in the company.{{Cite news |last=Korosec |first=Kirsten |date=October 29, 2021 |title=Amazon reveals 20% stake in Rivian ahead of EV maker's IPO |work=TechCrunch |url=https://techcrunch.com/2021/10/29/amazon-reveals-20-stake-in-rivian-ahead-of-ev-makers-ipo/ |url-status=live |access-date=October 31, 2021 |archive-url=https://web.archive.org/web/20211030091004/https://techcrunch.com/2021/10/29/amazon-reveals-20-stake-in-rivian-ahead-of-ev-makers-ipo/ |archive-date=October 30, 2021}}

The stock peaked at a closing price of $146.07 on November 13, 2021.{{Cite web |title=RIVN {{!}} Rivian Automotive Inc. Cl A Stock Price & News |url=https://www.wsj.com/market-data/quotes/RIVN |access-date=April 29, 2022 |website=The Wall Street Journal |language=en |archive-date=April 29, 2022 |archive-url=https://web.archive.org/web/20220429105809/https://www.wsj.com/market-data/quotes/RIVN |url-status=live }} From there, the stock price fell more or less continuously during the tech sell-off in early 2022 to reach $30.68 on April 26, 2022.{{Cite web |title=RIVN {{!}} Rivian Automotive Inc. Cl A Advanced Charting – WSJ |url=https://www.wsj.com/market-data/quotes/US/XNAS/RIVN/advanced-chart |access-date=April 29, 2022 |website=The Wall Street Journal |archive-date=April 29, 2022 |archive-url=https://web.archive.org/web/20220429105811/https://www.wsj.com/market-data/quotes/US/XNAS/RIVN/advanced-chart |url-status=live }} The market value at the end of April 2022 had declined to roughly $29 billion, a loss of 79 percent.{{Cite web |title=Rivian Automotive, Inc. – RIVN – Stock Price & News |url=https://www.fool.com/quote/nasdaq/rivn/ |access-date=April 29, 2022 |website=The Motley Fool |language=en |archive-date=April 28, 2022 |archive-url=https://web.archive.org/web/20220428235344/https://www.fool.com/quote/nasdaq/rivn/ |url-status=live }} At the beginning of May 2022 the stock price fell further, closing at an all-time low of $22.78 on May 9, 2022, the decline from the peak in November 2021 being nearly 85 percent.{{Cite web |title=Download RIVN Data {{!}} Rivian Automotive Inc. Cl A Price Data |url=https://www.marketwatch.com/investing/stock/rivn/download-data |access-date=May 10, 2022 |website=MarketWatch |language=en |archive-date=May 10, 2022 |archive-url=https://web.archive.org/web/20220510185853/https://www.marketwatch.com/investing/stock/rivn/download-data |url-status=live }}

Rivian's stock price recovered significantly through the first half of 2023, reaching a period high of $28.06 on July 27, 2023. However, momentum has subsequently reversed with a $1.5bn convertible green note received poorly by the financial markets,{{cite web |last1=Donnelly |first1=Ciaran |title=Rivian stock plummets amid capital raise plan |url=https://www.evinfocus.com/rivian-stock-plumets-amid-capital-raise-plan |website=EV inFocus |date=October 5, 2023 |access-date=October 27, 2023 |archive-date=October 27, 2023 |archive-url=https://web.archive.org/web/20231027125538/https://www.evinfocus.com/rivian-stock-plumets-amid-capital-raise-plan/ |url-status=live }} causing the share price to decline to a daily low of $15.88 on October 26, 2023.

Around 28% of shares are held by insiders. The 10 largest institutional shareholders of Rivian in December 2023 were:{{Cite web |title=Rivian Automotive, Inc. (RIVN) Stock Major Holders - Yahoo Finance |url=https://finance.yahoo.com/quote/RIVN/holders/ |access-date=March 7, 2024 |website=finance.yahoo.com |language=en-US |archive-date=November 9, 2023 |archive-url=https://web.archive.org/web/20231109171917/https://finance.yahoo.com/quote/RIVN/holders/ |url-status=live }}

File:Rivian R1T (52731221648).jpg

On December 20, 2018, professional rock climber Alex Honnold announced his partnership with Rivian as a brand partner and collaborator.{{cite news |url=https://gearjunkie.com/alex-honnold-rivian-automotive |title=Alex Honnold Picks Up a Cutting-Edge Collab From the Future: Rivian |first=Bryon |last=Dorr |work=GearJunkie |date=December 21, 2018 |access-date=June 24, 2019 |archive-url=https://web.archive.org/web/20190624230155/https://gearjunkie.com/alex-honnold-rivian-automotive |archive-date=June 24, 2019 |url-status=live}}{{cite news |url=https://stories.rivian.com/meet-alex-honnold |title=Meet Alex Honnold |work=Rivian |location=US |date=December 20, 2018 |access-date=June 24, 2019 |archive-url=https://web.archive.org/web/20190624230156/https://stories.rivian.com/meet-alex-honnold |archive-date=June 24, 2019 |url-status=live}} During a live stream on June 15, 2019, Rivian announced plans to collaborate with the Honnold Foundation and nonprofit Casa Pueblo on a solar project aiming to establish a microgrid in Adjuntas, Puerto Rico, a city that was severely affected by Hurricane Maria in 2017.{{cite news |url=https://www.youtube.com/watch?v=MO8VG0TfWWI |title=Adventurous Forever: RJ Scaringe and Alex Honnold in conversation with Rich Roll |work=Rivian |date=June 15, 2019 |access-date=June 24, 2019 |archive-date=December 6, 2019 |archive-url=https://web.archive.org/web/20191206003301/https://www.youtube.com/watch?v=MO8VG0TfWWI |url-status=live}}{{cite news |url=https://techcrunch.com/2019/06/14/rivian-and-free-solo-star-alex-honnold-team-up-to-build-solar-microgrid-with-used-ev-batteries/ |title=Rivian and 'Free Solo' star Alex Honnold team up to build solar microgrid with used EV batteries |first=Kirsten |last=Korosec |work=TechCrunch |date=June 14, 2019 |access-date=June 24, 2019 |archive-url=https://web.archive.org/web/20190624230152/https://techcrunch.com/2019/06/14/rivian-and-free-solo-star-alex-honnold-team-up-to-build-solar-microgrid-with-used-ev-batteries/ |archive-date=June 24, 2019 |url-status=live}}{{cite news |url=https://www.teslarati.com/rivian-rj-scaringe-onsite-farming-plans-second-life-battery-storage/ |title=Rivian's RJ Scaringe talks on-site farming plans for employees, battery storage solutions |first=Dacia |last=Ferris |work=Teslarati |date=June 17, 2019 |access-date=June 24, 2019 |archive-url=https://web.archive.org/web/20190624230153/https://www.teslarati.com/rivian-rj-scaringe-onsite-farming-plans-second-life-battery-storage/ |archive-date=June 24, 2019 |url-status=live}} Rivian planned to repurpose used battery packs from its development vehicles into stationary energy storage units. The microgrid is intended to grant residents access to electricity for core business and will be used daily to mitigate the high cost of energy in Puerto Rico, which is twice the U.S. national average. The project was expected to launch in 2020.

In 2019, Rivian partnered with actors Ewan McGregor and Charley Boorman to provide prototypes for use as logistics vehicles and camera cars for the British TV series Long Way Up. They also set up 240 level 2 charging stations at 140 locations, along the route from Tierra del Fuego to Los Angeles.{{Cite web |last=Baldwin |first=Roberto |date=August 8, 2020 |title=Rivian R1T Electric Pickups Take 13,000-Mile Road Trip for TV |url=https://www.caranddriver.com/news/a33548089/rivian-r1t-electric-pickup-long-way-up-tv/ |access-date=October 19, 2020 |website=Car and Driver |language=en-US |archive-date=October 21, 2020 |archive-url=https://web.archive.org/web/20201021180934/https://www.caranddriver.com/news/a33548089/rivian-r1t-electric-pickup-long-way-up-tv/ |url-status=live}}

Rivian partners with Yakima for their roof racks (bike, kayak, surfboard etc.) and rooftop tents, and MAXTRAX for their recovery boards.{{Cite web |last=Doll |first=Scooter |date=March 29, 2021 |title=Rivian CEO reveals collaboration with Yakima |url=https://electrek.co/2021/03/29/rivian-ceo-reveals-collaboration-with-yakima/ |access-date=June 30, 2022 |website=Electrek |language=en-US |archive-date=July 7, 2022 |archive-url=https://web.archive.org/web/20220707041619/https://electrek.co/2021/03/29/rivian-ceo-reveals-collaboration-with-yakima/ |url-status=live }}{{Cite web |title=Rivian x MAXTRAX Recovery Boards – Gear Shop – Rivian |url=https://rivian.com/gear-shop/p/rivian-x-maxtrax-recovery-board?sku=ACERORB001 |access-date=June 30, 2022 |website=rivian.com |language=en |archive-date=January 16, 2022 |archive-url=https://web.archive.org/web/20220116104544/https://rivian.com/gear-shop/p/rivian-x-maxtrax-recovery-board?sku=ACERORB001 |url-status=live }}

In 2024, Volkswagen announced they would form a joint venture with Rivian.{{cite web |last1=Murphy |first1=Aislinn |title=Volkswagen to invest $5B in Rivian, form joint venture |url=https://www.foxbusiness.com/markets/volkswagen-invest-5b-rivian-form-joint-venture |publisher=Fox Business |access-date=June 27, 2024 |date=June 26, 2024 |archive-date=June 26, 2024 |archive-url=https://web.archive.org/web/20240626165437/https://www.foxbusiness.com/markets/volkswagen-invest-5b-rivian-form-joint-venture |url-status=live }}

In July 2020, Tesla sued Rivian for allegedly stealing proprietary information, as well as for poaching employees.{{Cite web |last=Bursztynsky |first=Jessica |date=July 23, 2020 |title=Tesla sues Rivian for allegedly stealing secrets, poaching employees |url=https://www.cnbc.com/2020/07/23/tesla-sues-rivian-for-allegedly-stealing-secrets-poaching-employees.html |access-date=December 23, 2021 |publisher=CNBC |language=en |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193330/https://www.cnbc.com/2020/07/23/tesla-sues-rivian-for-allegedly-stealing-secrets-poaching-employees.html |url-status=live }} In March 2021, the Illinois Automobile Dealers Association filed a lawsuit against Rivian and fellow EV manufacturer Lucid Motors for their plans to sell electric vehicles directly to consumers.{{Cite web |date=March 26, 2021 |title=Car Dealers Sue Rivian, Secretary Of State Over EV Sales |url=https://www.wglt.org/business-and-economy/2021-03-26/car-dealers-sue-rivian-secretary-of-state-over-ev-sales |access-date=December 23, 2021 |publisher=WGLT |language=en |archive-date=December 23, 2021 |archive-url=https://web.archive.org/web/20211223193331/https://www.wglt.org/business-and-economy/2021-03-26/car-dealers-sue-rivian-secretary-of-state-over-ev-sales |url-status=live }}{{Cite web |last=Doll |first=Scooter |date=March 29, 2021 |title=Rivian and Lucid Motors sued by Illinois automotive dealers |url=https://electrek.co/2021/03/29/rivian-and-lucid-motors-sued-by-illinois-automotive-dealers/ |access-date=March 6, 2022 |website=Electrek |language=en-US |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306072530/https://electrek.co/2021/03/29/rivian-and-lucid-motors-sued-by-illinois-automotive-dealers/ |url-status=live }} In November 2021, Rivian's former sales and marketing vice president Laura Schwab filed a suit against the company, claiming she was fired a month after raising concerns of discrimination and Rivian being a "boys' club" to the company's HR department. Schwab also claimed that she warned company executives of their vehicles being underpriced and the manufacturing process not conforming to security standards.{{Cite news |first1=Ben |last1=Foldy |first2=Sarah E. |last2=Needleman |name-list-style=amp |date=November 4, 2021 |title=Ex-Rivian Executive's Discrimination Suit Airs Questions About Business Plans as IPO Looms |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/ex-rivian-executive-sues-for-gender-discrimination-ahead-of-ipo-11636054512 |access-date=February 23, 2022 |issn=0099-9660 |archive-date=February 22, 2022 |archive-url=https://web.archive.org/web/20220222231007/https://www.wsj.com/articles/ex-rivian-executive-sues-for-gender-discrimination-ahead-of-ipo-11636054512 |url-status=live }} According to the lawsuit, issues she raised were ignored until male colleagues also raised them subsequently.{{Cite web |first1=Annie |last1=Palmer |first2=Michael |last2=Wayland |name-list-style=amp |date=November 4, 2021 |title=Ex-Aston Martin executive says Rivian fired her for raising concerns about a 'toxic bro culture' |url=https://www.cnbc.com/2021/11/04/ex-aston-martin-exec-says-rivian-fired-her-for-concerns-about-toxic-bro-culture.html |access-date=February 23, 2022 |publisher=CNBC |language=en |archive-date=July 6, 2024 |archive-url=https://web.archive.org/web/20240706210412/https://www.cnbc.com/2021/11/04/ex-aston-martin-exec-says-rivian-fired-her-for-concerns-about-toxic-bro-culture.html |url-status=live }}

Two lawsuits filed against Rivian centered on chief designer Jeff Hammoud.{{Cite web |last=O'Kane |first=Sean |date=2024-12-20 |title=Exclusive: Rivian executives accused of harassment in previously unreported lawsuits |url=https://techcrunch.com/2024/12/20/rivian-executives-accused-of-harassment-in-previously-unreported-lawsuits/ |access-date= |website=TechCrunch |language=en-US}}

A lawsuit claimed, "sexual harassment, discrimination, and assault (...) experienced were severe, extremely offensive, humiliating, and created a hostile, intimidating, and unproductive work environment (...) that interfered with her ability to perform her job" and that Rivian "was aware of said harassment".{{Cite web |title=Nicole Hawkins v. Rivian Automotive LLC |url=https://www.documentcloud.org/documents/25466061-nicole-hawkins-v-rivian-automotive-llc/ |access-date= |website=www.documentcloud.org |language=en}}

At least four employees have sued Rivian alleging racial discrimination.{{Cite web |last=Denham |first=Ryan |date=2023-03-02 |title=Two Black men file racial discrimination lawsuits against Rivian |url=https://www.wglt.org/local-news/2023-03-02/two-black-men-file-racial-discrimination-lawsuits-against-rivian |access-date= |website=WGLT |language=en}}{{Cite web |last=Denham |first=Ryan |date=2024-04-30 |title=Two more ex-employees file harassment, discrimination lawsuits against Rivian |url=https://www.wglt.org/local-news/2024-04-30/two-more-ex-employees-file-harassment-discrimination-lawsuits-against-rivian |access-date= |website=WGLT |language=en}}

According to Bloomberg in 2024, Rivian's only factory has "racked up more US safety violations initially deemed “serious” than any other automaker since the start of last year."{{Cite news |last=Porter |first=Kiel |last2=Eidelson |first2=Josh |date=October 22, 2024 |title=Cracked Skull, Fractured Bones Show Danger for Rivian Factory’s Workers |url=https://www.bloomberg.com/news/features/2024-10-22/rivian-s-100k-electric-cars-made-in-plant-racking-up-safety-violations |archive-url=https://archive.today/20250127175312/https://www.bloomberg.com/news/features/2024-10-22/rivian-s-100k-electric-cars-made-in-plant-racking-up-safety-violations |archive-date=27 January 2025 |work=Bloomberg.com}}

• List of production battery electric vehicles
• Rivian and Volkswagen Group Technologies

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