Posts filtered by tags: Rivian[x]


 

Rivian’s R1T Adventure Package sets the standard for electric off road luxury

The forecoming Rivian R1T is admittedly a beautiful beast, and now we can get a closer look at the interior of its Adventure Package, coming up in January 2022. Yesterday, Rivian shared details on the electric truck‘s cabin, and boy, does it look  gorgeous. Taking into consideration how drivers use the space inside their vehicles, the company created a design that aims for practicality, comfort, and elegance. Big storage capacity The R1T features an open 14×11-inch space under the center display...
Tags: Startups, Shift, Rivian


Lincoln’s first EV will arrive in 2022 with three more to follow

Lincoln Motor will launch its first all-electric vehicle in 2022 followed by three other EVs as part of the luxury brand’s goal to electrify its entire portfolio by the end of the decade. The first EV will come to market just in time for Lincoln’s 100th birthday celebration — and nearly four years since initial reports emerged that the brand was aiming to electrify its lineup. Like GM’s luxury brand Cadillac, Lincoln doesn’t have an all-electric vehicle in its lineup. But Lincoln is keen to catc...
Tags: TC, Transportation, Tech, Automotive, United States, Ford, Electric Vehicles, Shanghai, Gm, Lincoln, Lincoln Motor, Cadillac Lincoln, China Lincoln, Lincoln Aviator, Rivian, Corsair Lincoln


Lordstown Motors CEO and CFO resign from EV pickup truck startup

Lordstown Motors CEO Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the startup electric vehicle maker, a rival to Rivian and Tesla.
Tags: Steve Burns, Julio Rodriguez, Rivian, Lordstown Motors


Tezlab CEO Ben Schippers to discuss the Tesla effect and the next wave of EV startups at TC Sessions: Mobility 2021

As Tesla sales have risen, interest in the company has exploded, prompting investment and interest in the automotive industry, as well as the startup world. Tezlab, a free app that’s like a Fitbit for a Tesla vehicle, is just one example of the numerous startups that have sprung up in the past few years as electric vehicles have started to make the tiniest of dents in global sales. Now, as Ford, GM, Volvo, Hyundai along with newcomers Rivian, Fisker and others launch electric vehicles into the m...
Tags: Amazon, TC, Facebook, Technology, China, Articles, Linkedin, Tech, Tesla, Ceo, AV, Automation, Gm, Reid Hoffman, Fitbit, Self-driving Cars


Tesla Makes Cars in Texas but Has to Re-Import Them to Sell in the Lone Star State

The Texas legislature adjourned on May 31 without making any changes to the state’s auto dealer franchise laws—meaning that the only way for Tesla to sell electric cars made at its forthcoming factory in Austin will be to ship them out of state and re-import them.Read more...
Tags: Elon Musk, Texas, Science, Cars, Tesla, Austin, Nikola Tesla, Tesla Model S, Tesla Model 3, Lucid, Greg Abbott, Lone Star State, Motor Vehicles, Business Finance, Battery Electric Vehicles, Hatchbacks


Electric truck startup Rivian is eyeing a $70 billion valuation in upcoming IPO, report says

Rivian R1T. Andi Hedrick/Rivian Rivian Automotive is targeting an IPO that could value the electric vehicle startup at $70 billion, according to a Bloomberg report.The company is working with advisers from Goldman Sachs, JPMorgan, and Morgan Stanley.Rivian is backed by Amazon and was valued at $27.6 billion when it raised $2.65 billion in January.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Rivian Automotive, the electric truck startup that's backed by Amazon...
Tags: Amazon, Ipo, Trends, General Motors, Tesla, Bloomberg, Ford, Morgan Stanley, RIT, Matthew Fox, Goldman Sachs JPMorgan, Ford Tesla, Rivian, JPMorgan Goldman Sachs, Morgan Stanley Rivian, T Rowe Price Group Fidelity Investments and Amazon


The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. For my American readers, you might be traveling — perhaps for the first time in more than a year — because of the Memorial Day holiday. While Memorial Day is meant to honor members ...
Tags: Transportation, Asia, Twitter, Utah, Elon Musk, New York, Texas, Microsoft, Senate, White House, China, Ipo, Germany, Berlin, Softbank, America


Rivian delays deliveries of the R1T Launch Edition by one month

Rivian said that deliveries of the R1T Launch Edition, the limited edition release of its first series of “electric adventure vehicles,” will be delayed by a month, according to an update on its website. Customers who preordered can now expect to start receiving their pickup trucks in July instead of June, with Launch Edition deliveries to be completed by Spring 2022. The change was first spotted by the Rivian Forum. The Amazon-backed EV startup told preorder holders in July 2020 to expect deliv...
Tags: Amazon, Transportation, Tech, Tesla, Automotive, Ford, Electric Vehicles, Seattle, Steve Burns, Electric Pickup, Electric Pickup Truck, Rivian, Lordstown Motors, Los Angeles San Francisco New York Chicago Detroit


Lordstown Motors slashes production forecast for its electric pickup

Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red-ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital and lower-than-anticipated production of its Endurance vehicle this year — from around 2,200 vehicles to just 1,000. In short, the company is set to consume more cash than the street expected and is furth...
Tags: Tech, Tesla, Automotive, Ford, Gm, DOE, Burns, Company, SPAC, Lordstown, U S Securities and Exchange Commission, Nikola, Steve Burns, Hindenburg, Workhorse Group, Workhorse


Canoo’s electric microbus will start under $35,000 when it comes to market next year

Los Angeles-based electric vehicle startup Canoo is bringing its first vehicle to market next year. The company said Monday its electric microbus-slash-van will be available to buy in 2022 at a base price of $34,750 before tax incentives or add-ons. It’s now taking preorders in the United States for the “lifestyle” vehicle, as well as for its round-top pickup truck and multi-purpose delivery van. While Canoo did not release pricing for the other two vehicles, it did said that deliveries for the ...
Tags: TC, Transportation, Los Angeles, Tech, Automotive, United States, Ford, Electric Vehicles, Hyundai Motor Group, Kranz, Hennessy Capital Acquisition Corp, Electric Pickup Truck, Ulrich Kranz, Rivian, Tony Aquila, Canoo


Rivian's R1T pickup has an air compressor, a built-in cooler under the bed, and a tailgate you can control through an app

Rivian R1T deliveries are set to start in June. Rivian On Friday, Rivian revealed new details about its R1T truck that's set to hit the streets this summer. The startup gave a more in-depth look at the truck's bed, storage compartments, and overall sizing. The R1T has a built-in air compressor and an under-bed storage area that can be used as a cooler. See more stories on Insider's business page. With billions in funding and a factory already churning out battery-powered veh...
Tags: Amazon, Trends, Tesla, Biden, Toyota Tacoma, Rivian, Rivian Rivian, Tim Levin


Ford reveals three new details about its officially named F-150 Lightning electric pickup truck

Ford confirmed Monday that its all-electric pickup truck will be named the F-150 Lightning, resurrecting a name that once donned the SVT F-150 in the 1990s. The company hasn’t said much about the powertrain, range or other specs. However, Ford President and CEO Jim Farley provided new details about the electric pickup that is coming to market next year. Most notably, it seems that the battery on the Ford F-150 Lightning will have the ability to power a home during an outage. Ford has touted the ...
Tags: TC, Transportation, America, Tech, Tesla, Automotive, Ford, Electric Vehicles, Farley, Dearborn Michigan, Jim Farley, Rivian, Model T Mustang Prius Model, Ford Rouge Electric


Rivian R1T’s been spotted with a LiDAR rig — is this Driver+ related?

A Rivian R1T truck was sighted driving along Page Mill Road in Palo Alto, California, according to photos shared with Teslarati. Intriguingly, the car was bearing a LiDAR rig on its roof. With the upcoming launch of the R1T, it’s rather safe to assume that the company was testing its Driver+ assistance system, which comes standard with every Rivian vehicle. And besides, the truck was spotted in close proximity to the company’s office that develops the brand’s software and vehicle electronics.  A...
Tags: Startups, Shift, Page Mill Road, Palo Alto California, Teslarati, Rivian


Tesla currently has 'no competitors,' but its biggest rivals will come from China, auto-manufacturing expert says

Tesla's biggest threat will be Chinese electric-car manufacturers, according to Sandy Munro. Frederic J. Brown/Getty Images Even as EVs boom, Tesla has no real competitors, according to manufacturing expert Sandy Munro. Chinese firms like Nio and XPeng will pose the biggest threat to Tesla, Munro said. Tesla dominates EV sales, but it faces growing competition from startups and traditional automakers. See more stories on Insider's business page. Tesla launched its first model, th...
Tags: Elon Musk, Youtube, China, US, Trends, Tesla, Ford, Gm, Ubs, Volkswagen, North America, Geely, Munro, NIO, Mustang Mach, Morgan Stanley Read


Ford posts profit but warns that chip shortage will cut production in half in second quarter

Ford again sounded the alarm about the chip shortage's impact on its business. Rebecca Cook/Reuters Ford on Wednesday reported a strong quarterly profit for the first quarter of 2021. The carmaker said it will build 50% fewer vehicles in the second quarter due to a chip shortage. Ford said the supply-chain issue could cost it $2.5 billion in 2021. See more stories on Insider's business page. Ford on Wednesday reported a strong quarterly profit, but warned that the global semicond...
Tags: US, Trends, Ford, EBIT, John Lawler, Rivian, Tim Levin, Rebecca Cook Reuters Ford, Edmunds com Read


A 2017 lawsuit shows how electric car startup Lordstown paid outside workers to gin up 10,000 pre-orders per year

Vice President Mike Pence at the unveiling of the Lordstown Endurance. Lordstown Motors A 2017 lawsuit shows how Lordstown Motors banked some pre-orders for its upcoming pickup truck. The case reveals the company paid outside workers to generate up to 10,000 pre-orders per year. Experts warn pre-orders and reservations are flawed measures of a startup's potential. See more stories on Insider's business page. Electric vehicle startup Lordstown Motors has been paying salespeople to s...
Tags: Amazon, Transportation, Electric Vehicle, Elon Musk, News, Cars, Trends, Tesla, Gartner, Start-up, Electric, Electric Cars, Securities And Exchange Commission, Burns, Mike Pence, Fisker


The Station: A chat with Scale AI’s Alexandr Wang, the NYC scooter winners and TuSimple goes public

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. Just as I was getting ready to ship this newsletter, I spotted that there was a fatal crash involving a Tesla, in which no one was in the driver’s seat. There was...
Tags: Transportation, Lyft, Europe, New York, Microsoft, California, Washington, France, Ipo, Berlin, Southeast Asia, New York City, Samsung, San Francisco, Linkedin, Tech


Rivian to initially launch in-house insurance program in 40 states

Electric truck startup Rivian released Thursday details of its in-house Rivian Insurance program, which it says will be integrated into its digital ordering process. The insurance will initially be available in 40 states. Keeping in line with the company’s marketing as an “adventure vehicle” company, customers will also have the option to cover their home and recreational equipment, such as boats, dirt bikes, and campers. Rivian’s plans to start an insurance program first leaked more than a year...
Tags: Transportation, Tech, Automotive, Electric Vehicles, Rivian, Tesla Rivian, Tesla Insurance, Rivian Insurance, Rivian Collision Centers and Service Centers


Jeff Bezos says Amazon's new CEO won't have an easy job, but he's confident his successor 'won't let the universe make us typical'

Mike Blake/Reuters; Mark Ralston/AFP/Getty Images Jeff Bezos' final letter to Amazon shareholders as CEO included well-wishes and praise for his successor. Andy Jassy will take over the top job in the third quarter. See more stories on Insider's business page. In Jeff Bezos' final letter to shareholders as the chief executive of Amazon, he thanked and praised his successor Andy Jassy.Jassy, the former head of Amazon Web Services, is taking over the top job so that Bezos can s...
Tags: Amazon, Transportation, Verizon, Europe, News, Enterprise, India, US, Los Angeles, Trends, Earth, Retail, University Of California Berkeley, Jeff Bezos, North America, Richard Dawkins


Read Jeff Bezos' final letter to shareholders as Amazon CEO right here

Amazon cofounder and CEO Jeff Bezos. AP Photo Amazon CEO and cofounder Jeff Bezos is stepping down as chief executive later this year. Every year since Amazon went public, Bezos has written a widely-read "letter to the shareholders." His final letter, below, includes what Bezos sees as the future of the company. Visit the Business section of Insider for more stories. In 1997, Amazon CEO Jeff Bezos wrote his first letter to shareholders and set a precedent for decades of startups after it. ...
Tags: Amazon, Transportation, Verizon, Ecommerce, Europe, India, Los Angeles, Trends, Markets, Earth, Retail, Shareholders, University Of California Berkeley, Jeff Bezos, North America, Richard Dawkins


Jeff Bezos posts his final letter to shareholders as Amazon CEO. Read the key takeaways and full note.

Amazon cofounder and CEO Jeff Bezos. AP Photo Amazon CEO and cofounder Jeff Bezos is stepping down as chief executive later this year. Every year since Amazon went public, Bezos has written a widely-read letter to the shareholders. His final letter, below, includes what Bezos sees as the future of the company. Visit the Business section of Insider for more stories. In 1997, Amazon CEO Jeff Bezos wrote his first letter to shareholders and set a precedent for decades of startups after it. De...
Tags: Amazon, Transportation, Verizon, Ecommerce, Europe, India, Los Angeles, Trends, Markets, Earth, Retail, Shareholders, University Of California Berkeley, Jeff Bezos, North America, Richard Dawkins


EV automaker Rivian partners with Samsung SDI in battery cell supply deal

Rivian, the Amazon-backed EV manufacturer aiming to bring an electric pickup to market later this year, has partnered with Samsung SDI as its battery cell supplier, the company said Monday. The two companies did not disclose the value of the deal or its term length, but in a statement released Monday Rivian said it had been working with Samsung SDI “throughout the vehicle development process.” Rivian pointed out that its anticipated R1T pickup and R1S SUV, which Rivian calls “adventure vehicles,...
Tags: Amazon, South Korea, Samsung, Tech, BMW Group, Samsung SDI, Rivian, RJ Scaringe


Samsung SDI to Supply Battery Cells to EV Startup Rivian

(Reuters) - Electric vehicle startup Rivian, backed by Amazon.com Inc and Ford Motor Co, said on Monday that South Korean manufacturer Samsung SDI...
Tags: Samsung, Ford Motor Co, Amazon com Inc, Samsung SDI, Reuters Electric, Rivian


Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

Over the last few days, we’ve published several articles recapping panels from last week’s TechCrunch Early Stage virtual conference. Each story is based on an interview with a founder or investor who addressed some of the most common startup dilemmas. Predictably, they’re mostly focused on the how and why: How do I get into an accelerator? When should I hire a sales team? What’s the best way to earn attention from investors? TechCrunch reporter Natasha Mascarenhas interviewed Kleiner Perkins ...
Tags: Startups, TC, Hong Kong, Entrepreneurship, China, Tech, Venture Capital, Ikea, SEC, Private Equity, Silicon Valley, Michigan, Lg, Bill, EC, Detroit


Giving EV batteries a second life for sustainability and profit

Electric cars and trucks seem to have everything going for them: They don’t produce tailpipe emissions, they’re quieter than their fossil fuel-powered counterparts and the underlying architecture allows for roomier and often sleeker designs. But the humble lithium-ion battery powering these cars and trucks leads a difficult life. Irregular charging and discharge rates, intense temperatures and many partial charge cycles cause these batteries to degrade in the first five to eight years of use, an...
Tags: Transportation, UK, Tech, Tesla, Automotive, Electric Vehicles, Bmw, Volkswagen, Nissan, Lithium Ion Batteries, Lucid, VW Group, Audi AG, Groupe Renault, Proterra, Lucid Motors


GM to build an electric Chevrolet Silverado pickup truck with more than 400 miles of range

GM is adding an electric Chevrolet Silverado pickup truck to its lineup, as the automaker pushes to deliver more than 1 million electric vehicles globally by 2025. GM President Mark Reuss said Tuesday that the Chevrolet Silverado electric full-size pickup will be based on the automaker’s Ultium battery platform and will have an estimated range of more than 400 miles on a full charge. It should be noted this is GM’s forecast not an official EPA figure. GM is positioning the full-sized pickup for ...
Tags: TC, Transportation, Tech, Automotive, Ford, Electric Vehicles, Gm, Epa, North America, Detroit, Chevrolet Silverado, Mark Reuss, Silverado, Hamtramck Michigan, Hamtramck, Reuss


Start your engines, TechCrunch is (virtually) headed to Detroit

Thanks to a warm welcome from Miami, our first City Spotlight was a big success. We met investors and entrepreneurs who are working on amazing things, and we were proud to share their personal stories on why Miami is the right city for them to live and do business. Join us on our next (virtual) field trip to Southeast Michigan. All lights will be shining on the Motor City. Why Detroit? This is where StockX and Rivian call home, along with a growing stable of medical technology companies, fintech...
Tags: Events, Tech, Miami, Michigan, EC, Detroit, Rivian, City Spotlight, Motor City Why Detroit


Tesla Lawsuit Against Rivian Moves Forward in California Superior Court

The lawsuits continue against EV startup Rivian. Though it hasn’t built any vehicles to date, the company has an aggressive plan to manufacture its “Tesla killer” vehicles at the former Diamond Star Motors plant at Normal, Illinois, and sell its wares directly to customers via nine showrooms across the nation. Various parties take issue with both […] The post Tesla Lawsuit Against Rivian Moves Forward in California Superior Court appeared first on The Truth About Cars.
Tags: Startups, Sales, Tesla, Trade Secrets, Industry, Electric Vehicles, Lawsuits, Autos, New Cars, Tesla Motors, Industry News, News Blog, Future Vehicles, Hot Legal Action, Normal Illinois, Diamond Star Motors


Rivian’s amazing new warranty should be the standard for all EV brands

Amazon-backed electric SUV maker Rivian is quietly making a name for itself as one of the most exciting newcomers to the electric vehicle market. Not only are its cars looking great, it’s also offering after-sales service that sets a new standard for the industry. Over the past week, sleuths over on Rivian forums spotted updates to the EV startup’s vehicle warranties, and it has well and truly thrown down the gauntlet to all other manufacturers with its five-year, 60,000-mile comprehensive warra...
Tags: Amazon, Startups, Shift, Rivian


Illinois Auto Dealers Sue State Over Rivian’s Direct-Sales Model [UPDATED]

Rivian’s plan to sell vehicles directly to consumers has raised the ire of two auto-dealer groups in Illinois. The Illinois Automobile Dealers Association and the Chicago Automobile Trade Association have sued the Illinois Secretary of State, claiming that Illinois law requires new-car sales to flow through licensed franchise dealers and prevents new-car manufacturers from selling […] The post Illinois Auto Dealers Sue State Over Rivian’s Direct-Sales Model [UPDATED] appeared first on The Truth ...
Tags: Sales, Industry, Autos, Illinois, New Cars, Jesse White, State, Dealerships, Direct Sales, News Blog, Future Vehicles, Dealers, Chicago Automobile Trade Association, CATA, New Car Sales, Rivian