Rivian designs and manufactures electric vehicles and ecosystem services for both consumers and commercial clients.
Rivian Automotive, Inc. is an American electric vehicle automaker focusing on adventure-oriented consumer pickup trucks, SUVs, and delivery vans for commercial fleets. Since its founding, Rivian has aimed to revolutionize sustainable transportation by producing robust all-electric vehicles, along with a supporting network of charging, servicing, and digital services, striving for a carbon-neutral future.
competitors.competitorDetail.metrics.missionStatement
To keep the world adventurous forever by building category-defining electric vehicles and ecosystem services.
competitors.competitorDetail.metrics.visionStatement
To create products and services that help our planet transition to sustainable energy and inspire people to explore the world responsibly.
competitors.competitorDetail.metrics.foundedYear
2009
competitors.competitorDetail.metrics.ceo
RJ Scaringe
competitors.competitorDetail.metrics.employees
14,000+
competitors.competitorDetail.metrics.revenue
$1.66B (2023)
competitors.competitorDetail.metrics.headquarters
14600 Myford Rd, Irvine, CA 92606, USA
competitors.competitorDetail.metrics.marketShare
Emerging; among top US pure-play EV startups for trucks/SUVs
competitors.competitorDetail.metrics.usp
Purpose-built electric vehicles designed for adventure and commercial use, with a direct focus on sustainability and customer ecosystem services.
competitors.competitorDetail.metrics.pricingModel
Direct-to-consumer sales; up-front vehicle pricing, service packages, future subscription-based offerings (e.g., connectivity)
- R1T pickup truck
- R1S SUV
- Electric Delivery Van (EDV)
- Rivian Adventure Network
- Proprietary battery management systems
- In-house electric skate platform
- Advanced driver-assistance (Driver+)
- AWS Cloud for digital services
- Over-the-air software infrastructure
competitors.competitorDetail.metrics.marketPositioning
Premium electric vehicle (EV) player catering to adventure, utility, and commercial delivery segments.
- Outdoor/adventure vehicle buyers
- Eco-conscious professionals
- Commercial delivery fleet operators
- Direct online sales
- Physical showrooms
- Fleet and commercial sales partnerships
- Brand storytelling around adventure and sustainability
- Influencer partnerships
- Experiential events and test drives
- Digital and social media campaigns
- Amazon (Fleet/Commercial Partnership)
- Ford Motor Company (Strategic Investment)
- Samsung SDI (Battery Supplier)
- All-electric R1T pickup truck
- R1S sport utility vehicle
- Electric Delivery Van (EDV) for Amazon
- Over-the-air software updates
- Comprehensive charging network
- Cutting-edge electric vehicle technology
- Strong brand association with sustainability and adventure
- Significant partnerships (Amazon, Ford)
- Vertically integrated manufacturing
- High cash burn rate
- Limited production volumes to date
- Reliance on a small number of commercial clients
- Supply chain challenges
- Growing demand for electric vehicles worldwide
- Expansion into international markets
- Scaling commercial delivery segment
- Potential new consumer vehicle models
- Intense competition from Tesla, legacy automakers, and new EV startups
- Potential regulatory changes
- Economic slowdowns impacting consumer demand
- Battery supply constraints
competitors.competitorDetail.metrics.growthRateYOY
167% (2023 vehicle delivery expansion)
competitors.competitorDetail.metrics.profitMargin
-148% (net loss margin 2023)
competitors.competitorDetail.metrics.customerAcquisitionCost
Estimated $2,000 - $3,000 per consumer
competitors.competitorDetail.metrics.customerLifetimeValue
Varies by model and service; est. $70,000+ per vehicle customer
competitors.competitorDetail.metrics.churnRate
N/A for automotive, focus on customer loyalty and retention
competitors.competitorDetail.metrics.fundingStage | competitors.competitorDetail.metrics.fundingAmount | competitors.competitorDetail.metrics.fundingDate |
---|---|---|
Seed | $1.7M | 2010-01-15 |
Series B | $350M | 2019-09-10 |
Series C | $2.65B | 2021-01-19 |
IPO | $11.9B | 2021-11-10 |
- Commitment to sustainability
- Innovation-driven
- Team-oriented and collaborative
- Inclusive and diverse work environment
- 2022 MotorTrend Truck of the Year (2022) - MotorTrend
- TIME Best Inventions (2022) - TIME
competitors.competitorDetail.reviews.title | competitors.competitorDetail.reviews.rating | competitors.competitorDetail.reviews.viewAll |
---|---|---|
Edmunds | 4.6/5 | 150 |
Consumer Reports | 4.3/5 | 80 |
competitors.competitorDetail.news.title | competitors.competitorDetail.news.publishedOn | competitors.competitorDetail.news.readMore |
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Rivian reaches 50,000 vehicles produced milestone | 2024-02-28 | Reuters |
Rivian, Amazon expand commercial EV partnership | 2023-12-11 | The Verge |