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About Rivian
Industries
Automotive & Transportation
Company Size
10,001+
Company Stage
IPO
Headquarters
Irvine, California
Founded
2009
Overview
Company Historically Provides H1B Sponsorship
Rivian develops electric vehicles (EVs) and services aimed at outdoor exploration and adventure. Their main products are the R1T electric truck and the R1S electric SUV, both designed for various terrains, making them suitable for on-road and off-road use. Rivian's vehicles are equipped with technology that allows for software updates and new features over time, ensuring they adapt to changing needs. Unlike traditional car manufacturers, Rivian sells directly to consumers through their website and showrooms, which fosters a closer relationship with customers and a personalized buying experience. Their focus on sustainability and adventure sets them apart in the automotive market, appealing to eco-conscious consumers who prioritize both performance and environmental responsibility.
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Simplify's Take
What believers are saying
- Rivian's R1S won Best Luxury Electric SUV, boosting its luxury market position.
- Partnership with HelloFresh expands Rivian's presence in commercial electric vehicles.
- AI integration with Nvidia enhances Rivian's autonomous driving capabilities.
What critics are saying
- Reliance on Samsung SDI for batteries poses supply chain disruption risks.
- AI integration may face data privacy and cybersecurity challenges.
- Economic climate and tariff issues could impact Rivian's stock performance.
What makes Rivian unique
- Rivian focuses on electric adventure vehicles, appealing to eco-conscious consumers.
- Direct-to-consumer sales model allows Rivian to maintain a closer customer relationship.
- Rivian's vehicles are designed for both on-road and off-road adventures.
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Funding
Total Funding
$33318.3M
Above
Industry Average
Funded Over
9 Rounds
Coatue ManagementBenefits
Ownership for All: We offer every employee the opportunity to own Rivian stock through equity programs, supporting their financial wellness.
Mental and Emotional Wellness: We provide employees and their families access to mental wellness platforms and our Employees Assistance Program
Fertility and Family Planning: We support diverse family-building journeys, providing employees with benefits such as paid parental leave and financial support for adoption, fertility treatments or surrogacy.
Competitive Compensation: We offer competitive compensation packages driven by mutual investment in our long-term growth and success.
Career Development: We enable all employees to own their development. Continuous learning opportunities and tuition reimbursement help drive performance, boost engagement and develop future leaders.
Transgender Benefits: In alignment with WPATH guidelines, our 2022 plans provide coverage toward medical, pharmacy and cosmetic needs.
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 1%Following the election, although the exact timing is unclear, Rivian collaborated with Samsung SDI to transfer a substantial amount of battery inventory from South Korea to the U.S., according to Bloomberg.
Rivian looks to integrate AI as it branches into more affordable models in the next few years
Rivian has also been working on an AI assistant for its EVs since 2023, Rivian's chief software officer, Wassym Bensaid, told TechCrunch during an interview in March.
The Rivian R1S earned the Best Luxury Electric SUV award, praised for its impressive range, refined performance, and modern infotainment system.
HelloFresh teams up with US electric vehicle manufacturer Rivian to roll out electric vans in 14 markets.
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About Rivian
Industries
Automotive & Transportation
Company Size
10,001+
Company Stage
IPO
Headquarters
Irvine, California
Founded
2009
There are no jobs for Rivian right now.
Find jobs on Simplify and start your career today