Rivian, the American electric vehicle (EV) manufacturer, has reiterated its commitment to building 50,000 EVs in 2023. The company is currently gearing up to launch its first two models, the R1T pickup truck and R1S SUV, later this year.
Despite the challenges posed by the COVID-19 pandemic and supply chain disruptions, Rivian has continued to make progress in its manufacturing plans. The company recently announced that it has secured a $2.5 billion investment round led by Amazon and several other investors, bringing its total funding to over $10 billion.
The funding will help Rivian expand its manufacturing capacity and accelerate the development of new models. The company plans to build a second factory in the US and is reportedly exploring potential sites in several states, including Texas, Georgia, and Tennessee.
Rivian CEO RJ Scaringe has emphasized the importance of building a sustainable business that can thrive over the long term. He has said that the company’s focus is not just on building electric vehicles but also on creating an ecosystem that supports sustainable transportation.
“We want to build a company that is not just a car company but a transportation company,” Scaringe said in a recent interview. “We want to be part of the solution to the climate crisis.”
To that end, Rivian has made several commitments to sustainability, including a goal of achieving net-zero carbon emissions by 2040. The company has also announced plans to build a network of charging stations that will be powered by renewable energy.
Rivian’s focus on sustainability and innovation has earned it a lot of attention and praise in the EV industry. The company’s first models, the R1T and R1S, have generated a lot of buzz among consumers and are expected to compete with established players like Tesla and Ford.
The R1T pickup truck, in particular, has garnered a lot of interest for its unique features, such as a built-in camping kitchen and a storage tunnel that runs through the vehicle’s body. The R1S SUV, meanwhile, is expected to appeal to families and outdoor enthusiasts with its spacious interior and off-road capabilities.
Rivian has also announced plans to develop electric delivery vans for Amazon, which has ordered 100,000 units. The first of these vans is expected to begin deliveries in 2022.
In conclusion, Rivian remains on track to build 50,000 EVs in 2023, despite the challenges posed by the pandemic and supply chain disruptions. The company’s commitment to sustainability and innovation has earned it a lot of attention and praise in the EV industry, and its first models are expected to compete with established players like Tesla and Ford. With its recent funding round and plans to expand its manufacturing capacity, Rivian is poised to play a significant role in the future of sustainable transportation.
