Equity Profile: Rivian

Introduction

Founded in 2009, Rivian Automotive, Inc. (NASDAQ:RIVN) is an electric vehicle (EV) manufacturer committed to redefining the automotive industry through sustainable innovation and adventure-focused design. Rivian’s flagship models, the R1T pickup truck and R1S SUV, are engineered for both on-road comfort and off-road performance, appealing to environmentally conscious consumers who prioritize versatility and exploration. Rivian also has commercial models designed for last mile delivery.

To support its adventure-oriented audience, Rivian operates the Rivian Adventure Network (RAN), a proprietary charging infrastructure strategically located along popular routes and outdoor destinations. This network ensures seamless long-distance travel, reinforcing Rivian’s focus on creating a comprehensive EV ownership experience.

Rivian’s mission is to preserve the natural world through electrification, producing vehicles that align with sustainability without compromising performance or utility. All models are currently manufactured at the company’s state-of-the-art facility in Normal, Illinois, a testament to Rivian’s commitment to scaling production while maintaining quality.