Rivian Automotive Inc (Rivian) designs, develops and manufactures adventurous electric vehicles and related accessories. It offers sport utility vehicles (SUVs), vans and trucks under two categories including R1T, a two-row, five-passenger pickup truck, and R1S, a seven passenger SUV. The company also offers accessories such as field kits, snowboards and surfboard mounts, gear guard cables, bottles and cups, air compressor kits, tents, wall chargers, hats, t-shirts and hoodies. Rivian offers a fleet management subscription platform that enables users to integrate and analyze vehicle, infrastructure, and operations data to improve the total cost of ownership. The company also offers insurance, maintenance and repair, charging solutions and vehicle resale services. It operates in the US, the UK, Canada, the Netherlands, Mexico, Hong Kong, France, Serbia, China and Germany. Rivian is headquartered in Irvine, California, the US.
Headquarters
United States of America
Address
14600 Myford Road, Irvine, California, 92618
Website
rivian.com
Telephone
1 302 6587581
No of Employees
16,790
Industry
Automotive
Ticker Symbol & Exchange
RIVN (NASD)
Revenue (2022)
$4.4B
167.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
19.5%
(2022 vs 2021)
Market Cap*
$8.6B
Net Profit Margin (2022)
XYZ
69.9%
(2022 vs 2021)
* As of and is in US$
Rivian Automotive Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| R1T Truck | Fleet Management | Rivian |
| R1S SUV | Maintenance and Repairs | |
| Accessories and Automotive Peripherals: | Insurance Solutions | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with MEVCO to supply electric vehicles to the mining, mining services, and mining equipment industries. |
| 2024 | New Products/Services | In March, the company launched its new R2, R3, and R3X midsize platform. |
| 2023 | Contracts/Agreements | In December, the company partnered with Clayco to build a US$5 billion electric vehicle factory in Georgia, the US. |
Competitor Comparison
| Key Parameters | Rivian Automotive Inc | Tesla Inc | Lucid Group Inc | Proterra Inc | Nikola Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Irvine | Austin | Newark | Greer | Phoenix |
| State/Province | California | Texas | California | South Carolina | Arizona |
| No. of Employees | 16,790 | 140,473 | 6,500 | 1,247 | 870 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert J Scaringe | Chief Executive Officer; Chairman | Executive Board | 2009 | 40 |
| Claire McDonough | Chief Financial Officer | Senior Management | 2021 | 41 |
| Jeffrey R Baker | Chief Accounting Officer | Senior Management | 2021 | - |
| Sarah O’Brien | Chief Communications Officer | Senior Management | 2023 | - |
| Helen Russell | Chief People Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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