And it outperforms Ford, GM, and Tesla.
Scaringe announced the news and shared a photo of the first Rivian Blue production truck on Twitter today. The company, which began as Mainstream Motors in 2009 before changing its name to Rivian two years later, has experienced explosive growth in terms of employees, investors, and partners in recent years.
Our first customer vehicle drove off our production line in Normal this morning, after months of building pre-production vehicles! Our group’s
Rivian had been operating in relative secrecy for years before revealing prototypes of its all-electric R1T truck and R1S SUV at the LA Auto Show in late 2018.
Rivian has raised billions of dollars since then ($10.5 billion since 2019).
The introduction of electric pickup trucks heralds the start of a new EV era.
Rivian had about 600 employees when it first unveiled the two electric vehicles in 2018. It now has 8,000 members.
Rivian has been juggling the competing priorities of preparing and eventually producing the R1T and R1S for consumers and commercial Amazon delivery vans. Two separate production lines produce vehicles at the Illinois factory. The R1 vehicles have their own line, while the commercial vans have their own.
Amazon began testing the electric delivery van earlier this year in a number of cities, including Los Angeles and San Francisco. Amazon has placed an order for 100,000 of these vans, with delivery set to begin in 2021.
In San Francisco, Amazon is putting its Rivian electric delivery vans to the test.
Rivian announced earlier this month that the first edition R1T pickup truck has an official EPA range of 314 miles, while the R1T SUV has a range of 316 miles.
Rivian’s official range and fuel economy values match those on the US Environmental Protection Agency website.
Rivian has the advantage of being the first electric truck on the market at this time, which is significant. 8217;Ford’
Rivian has raised $10.5 billion in total since 2019, not in total since 2019. Rivian has not disclosed the total amount, but sources claim it is in the neighborhood of $11 billion.