And beats Ford, GM and Tesla
The first manufacturing Rivian R1T electrical pickup truck in “Rivian blue” rolled off the assembly line Tuesday morning at the firm’s manufacturing facility in Popular, Illinois, marking a milestone larger than a decade in the making for the automaker and its founder and CEO, RJ Scaringe.
The firm, which began in 2009 as Mainstream Motors sooner than adopting the Rivian name two years later, has gone via explosive enhance by formula of other people, backers and partners in the previous few years.
Rivian operated in relative obscurity, aka stealth mode, for years sooner than it printed prototypes of its all-electrical R1T truck and R1S SUV at the LA Auto Expose in leisurely 2018.
Since then, Rivian has raised billions of bucks ($10.5 billion since 2019); expanded its Popular, Illinois, manufacturing facility; employed hundreds of workers; landed Amazon as a business buyer; and, most recently, filed confidentially for an IPO. This day, besides to its Illinois manufacturing facility, Rivian has facilities in Palo Alto and Irvine, California; and Plymouth, Michigan; and an place of work in the U.K.
When it first printed the 2 electrical autos in 2018, Rivian had about 600 workers. This day, it has 8,000.
Rivian’s announcement Tuesday, which marks the legit foundation of R1T manufacturing for patrons, comes after no longer lower than two delays caused by the COVID-19 pandemic and global chip shortage. Earlier this summer, Scaringe wrote in a letter to customers that R1T deliveries would start in September, with the R1S to discover “rapidly.”
Rivian has been juggling the dueling priorities of prepping and in the kill producing the R1T and R1S for customers and business supply vans for Amazon. The Illinois manufacturing facility has two separate manufacturing lines producing autos. One is dedicated to the R1 autos and the opposite line is for its business vans.
Amazon ordered 100,000 of these vans, with deliveries beginning in 2021. Earlier this year, Amazon began testing the electrical supply van in loads of cities, alongside side Los Angeles and San Francisco.
Earlier this month, Rivian announced that the predominant edition model of the R1T pickup truck has an legit EPA range of 314 miles, whereas its R1T SUV is accessible in at 316 miles.
The legit range and gasoline economy values posted on the U.S. Environmental Safety Company web page align with Rivian’s previous estimates, which it marketed as 300 miles.
The 2nd is additionally crucial since it formula Rivian has the help of being the predominant electrical truck in the marketplace. Ford’s F-150 Lightning, which isn’t anticipated to return in the marketplace until spring 2022, has a targeted range of 230 miles in the fashioned and as much as 300 miles in the extended model. The EPA has no longer issued legit ranges for the Ford Lightning.
Rivian’s “Delivery Edition” R1T truck and R1S SUV come equipped with a 135 kWh battery pack that is branded because the “plump pack.” Deliveries of the Delivery Edition autos are slated to originate this month.
Clarification: Rivian has raised $10.5 billion since 2019, no longer in total. Rivian has no longer shared the total quantity but sources like said it’s round $11 billion.