Rivian Automotive, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Robert Joseph Scaringe
- Full Time Employees
- 15,232
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 14600 Myford Road Irvine CA United States of America 92606
- IPO Date
- Nov 10, 2021
- CIK
- 0001874178
- Website
- rivian.com
- Similar Companies
- Business
- Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles (EVs), accessories, software, and related services to consumer and commercial markets worldwide. Founded in 2009 and headquartered in Irvine, California, the company produces the R1T two-row five-passenger pickup truck and R1S three-row seven-passenger SUV on its R1 platform; the Electric Delivery Van (EDV) on the Rivian Commercial Vehicle platform in collaboration with Amazon.com, Inc.; and operates the Rivian Adventure Network of Direct Current fast chargers with access to Combined Charging System ports. Rivian offers FleetOS, a proprietary end-to-end centralized fleet management subscription platform; vehicle repair and maintenance services; financing and insurance; remarketing; vehicle electrical architecture and software development services; and in-house developed hardware and software platforms including software-defined vehicle updates. The company assembles vehicles at its Normal, Illinois manufacturing facility, with a 1.2 million-square-foot supplier park under construction nearby and an expansion to support up to 215,000 annual units; a second plant in Stanton Springs, Georgia breaks ground in 2026 for 400,000 annual units starting production in 2028, primarily for R2 and R3 models; engineering, R&D, and offices span the United States (Atlanta, Los Angeles, Palo Alto, Plymouth, Wittmann), Canada (Vancouver), Europe (Amsterdam, Belgrade), and the UK (London). Rivian maintains strategic partnerships, including a joint venture with Volkswagen Group for software and electrical systems backed by up to $5.8 billion in investments, with $1 billion received in June 2025 following Q1 gross profit; advances its Gen 2 platform targeting 45% material cost reductions by 2026, positive adjusted EBITDA by 2027, and R2 midsize SUV launch in first-half 2026; reports Q3 2025 revenue growth of 78% year-over-year and $24 million consolidated gross profit; and schedules an Autonomy & AI Day for December 11, 2025.
Company News
Rivian Automotive (RIVN) Recently Broke Out Above the 200-Day Moving Average
Rivian Automotive (RIVN) Recently Broke Out Above the 50-Day Moving Average
Rivian CFO Claire McDonough Sells Shares. Should Investors Follow Her Lead?
What Rising Delivery Forecasts Say About Rivian's Stock Prospects
Does Billionaire Bill Ackman Know Something Wall Street Doesn't? He Invested in These 2 Stocks That Have Dropped 33% and 18% Over the Past Year
What's Going on With Rivian Stock Friday
Rivian: Healthy R2 Indicators As Company Pushes For Profitability
Tesla Climbs 3%, Rivian Jumps 4%: Why Are These EV Stocks Outperforming Ford and General Motors Today?
Rivian spinout Also raises another $150 million
Institutional Investors Added Over 70 Million RIVN Shares as AMZN, UBER Remain Key Holders
Tesla Is Down 25% in 2026: How Does It Compare to EV Competitors Like Rivian, Lucid, and General Motors?
1 Top Growth Stock Down 22% This Year and Built for the Long Haul
Rivian Drops 25% This Year With $164M of Credits Vanishing in the Second Half
Tesla Batters Rivian in Self-Driving Test
Rivian Closes the Self-Driving Gap With Tesla
3 Critical Things Investors Overlooked in Rivian's Strong Q2
I drove Tesla FSD, Rivian Autonomy+ ‘hands-free' driving systems. Here's how they compare
How long will software-defined cars last? The auto industry doesn't know yet
Why Is Rivian Worth As Much As Stellantis? It Isn't
Global Electric Vehicle Sales Diverged In July