To begin, Rivian has announced an equity investment round of $700M. Plus the rumors are true, they are led by Amazon. Therefore, this investment comes on the heels of Rivian’s reveal. The reveal of the all-electric R1T pickup and R1S SUV. This was at the LA Auto Show November 2018.
So starting with a clean sheet, Rivian has developed its vehicles with adventurers at the core of every design. Plus every engineering decision. The company’s launching a few products. First off, the R1T and R1S. Those puppies deliver up to 400+ miles of range. What?! In addition give an unmatched combination of performance. That’s because of off-road ability and utility.
As mentioned before, these trucks use the company’s flexible skateboard platform. More importantly, one that is produced at their manufacturing plant in Normal, Ill. All with customer deliveries expected to start in late 2020.