Turnover: 1.094 billion USD (2022)

Country: United States

New American electric car manufacturer

News

Rivian in Europe: electric vans for Amazon 06/07/2023

  • More than 300 Rivian vehicles to be on the road in Germany in the coming weeks
  • Amazon has ordered 100,000 Rivian vans to be delivered by 2030
  • Amazon holds a 17% stake in Rivian
  • More than 3,000 Rivian vans already deployed in the USA
  • Amazon plans to invest over €1 billion in electric vehicles for its European transport network, including €400 million for Germany

Rivian works on electric car production 13/06/2022

  • Rivian, founded in 2009 by R.J. Scaringe, has seen its value fall by 70% since its IPO in November 2021.
  • In March 2022, the company had to revise its production forecasts downwards, to just 25,000 vehicles this year.
  • In the first quarter of 2022, Rivian reported a net loss of $1.6 billion... on sales of $95 million.
  • Record IPO gives Rivian $17 billion in cash
  • It is also supported by its main customer, Amazon, to whom it is due to deliver 100,000 electric vans by 2030.

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