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Electric SUV based on the Rivian R1T: R2: R2: 2026 2026 - Electric Mid-size SUV [2] R3: R3 [3] 2026 2026 - Small Electric SUV R3X: R3X: 2026 2026 - Off-Road Capable ...
Rivian Automotive, Inc., is an American electric vehicle manufacturer, automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. [6]
A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
While Rivian has earned satisfied customers with its R1T truck and sibling R1S crossover, that is in part because the company was gifting customers more content than the company could actually afford.
3. Hoarding much needed cash. Rivian ended 2024 with $7.7 billion in cash, up from $6.7 billion, helped by $1.3 billion from its Volkswagen joint venture —part of a $5.8 billion deal.
The Rivian EDV (Electric Delivery Van) and ECV (Electric Commercial Van), also known as the Delivery, are a line of battery-electric cargo vehicles built by Rivian.Initially they were exclusive to its investor Amazon, which uses the EDV for package delivery, but in November 2023, sales were opened to other companies as the ECV / Delivery, with minor cosmetic changes. [1]
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The name of the company changed to Rivian Automotive in 2011. [17] [18] In November 2021, Rivian went public, listing its shares on the Nasdaq. [19] Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has veto power over board decisions due to his 100% ownership of the company's class B shares. [20]