Rivian says it is interested in pursuing a subscription model as one of the ways you can get into a Rivian truck or SUV. Subscription programs include all maintenance and insurance requirements in a single payment. Rivian sees potential for customers who want to use one vehicle for daily commuting and another vehicle for weekend jaunts. Traditionally, the subscription model has been geared towards the affluent with brands such as Cadillac, Volvo, Mercedes-Benz, and Lincoln. The only mid-price brand to try subscriptions in the U.S. has been Ford.
Aside from the subscription option, customers will also be able to purchase directly from the company. Like Tesla, Rivian is eschewing the traditional dealership model and doing direct sales only. How Rivian will run the same gauntlet that Tesla did with state dealership associations is something that is still a mystery.
Rivian has received large investments from outside firms such as Amazon, Ford, Cox Automotive, and others. Amazon recently announced that they placed an order for 100,000 electric delivery vans from Rivian.
...100,000 is a big number for a little company...
Back in February, Amazon helped Rivian by investing $700 million into the company. Now Amazon is helping further with one first big order. Amazon is ordering 100,000 vans to be delivered by 2024. The first deliveries should start in 2021 and prototypes will likely be seen next year. At that rate of production, Rivian would immediately start outselling the Nissan NV and NV200 combined. The van is exclusive to the Amazon partnership and Rivian says it will not delay any of the R1T or R1S deliveries as it is being built on a separate assembly line at the Normal IL. facility.
Rivian used a skateboard chassis for their R1T and R1S, so building a van body (R1V?) over top of the skateboard shouldn't be too hard of a task. The R1T has a claimed range of up to 400 miles on a single charge and being capable of getting to an 80 percent charge inside of an hour.
Amazon's use for the vans is clear. They have committed to reaching the goals of the United Nations Paris Agreement 10 years early with 80% of their energy use being renewable by 2024 and 100% by 2030.
Ford announced today that it would be investing $500 million in Electric Vehicle startup Rivian. The move will gain Ford access to Rivian's flexible skateboard platform. Ford will co-develop the vehicle with Rivian and will join the already planned Ford F-150 EV and a Mustang inspired crossover EV. Ford will provide Rivian with industrial expertise and resources.
Rivian will remain an independent company and the investment is subject to regulatory approvals.
Rivian has shown concept versions of the Rivian R1T, an electric pickup and Rivian R1S SUV at the Los Angeles Auto Show. It plans to put these vehicle into production at its plant in Normal Illinois.
Ford's investment comes just two months after Rivian landed $700m in investment commitments from Amazon and others. The talks between Rivian and General Motors have apparently collapsed.
According to RivianForums.com, Electric vehicle startup Rivian has filed for a patent on an innovative new reconfigurable bed system for the Rivian R1T pickup truck. The system is comprised of different moduals that can be swapped out depending on what use the owner has in mind. Users would be able to choose from a flatbed, a cargo bed, a bed with side rails, and a couple of bed cap options. The bed system shows off one of the advantages of the skateboard style platform that underpins the R1T and Rivian R1S.
The truck will be able to detect which module is installed and adjust things like suspension dampening, ride height, and braking to best match the new configuration.
This is the second patent filing for Rivian that involves modularity. The first was a removable truck bed auxiliary battery to extend the driving range of the vehicle.
Hit the source link below to visit Rivian Forums and check out their renders of possible configurations of the R1T reconfigurable bed system.
The Rivian R1T and Rivian R1S were both shown at the LA Auto Show in November, both claiming a top of the line range of 400 miles. The folks over at Rivian Forums have uncovered a patent filing for an extended battery for the Rivian R1T.
The drawing shows a bed mounted battery with connections for coolant and electrical flow. In addition to providing more energy, the R1T would detect when the auxiliary battery was installed and adjust braking, suspension, and steering to compensate for the extra weight.
Rivian uses a skateboard style architecture which places the entire powertrain and battery system in a platform below the vehicle and then builds the body on top of it. This allows Rivian to have nearly a free hand in designing the body and interior above the powertrain.
Rivian will offer 3 standard battery packs for the R1T:
105-kWh: 402 horsepower, and 413 lb-ft of torque, range of 230+ miles
135-kWh: 754 horsepower, and 826 lb-ft of torque, range of 300+ miles
180-kWh: 700 horsepower, and 826 lb-ft of torque, range of 400+ miles
Rivian claims the R1T will get 80 percent charge in just 15 minutes when using a DC fast charger and a full charge in eight hours using a Level 2 charger.
Rivian says the R1T will begin at $61,500 after Federal Tax credit - likely putting the base at just under $70,000. Production is expected to begin in late 2020 at a plant in Normal, Illinois. The company recently landed $700M in investment commitments, lead by a significant investment by Amazon.
RIVIAN R1S SUV PROMISES TO GO ANYWHERE ON ELECTRICITY
RIVIAN R1T PICKUP HAS A 400 MILE RANGE AND TOWS UP TO 11,000 POUNDS
RIVIAN LANDS $700M IN INVESTMENT COMMITMENTS
Detroit Auto Maker Rivian landed $700M in investment commitments lead by Amazon. Rumors were swirling earlier this week that Amazon and GM were in talks to provide investment that valued the company between $1B and $2B. GM is not part of this round of investing, but that does not mean GM is out of it just yet.
Rivian plans to introduce the R1T pickup (shown above) in 2020 with the R1S SUV following later. Four more vehicles are planned starting in 2025. The vehicles are set to be produced at Rivian's plant in Normal, Ill., a former Mitsubishi facility.
Amazon's interest in Rivian includes using Rivian's technology to support its own logistics and delivery services. GM's interest comes from CEO Mary Barra's commitment to a Zero emissions future. GM is studying the feasibility of an Electrified GMC Sierra while crosstown rival Ford has plans for an EV F-150.
Click here for more information on the Rivian R1T Pickup
The dream car garage idea is fun to think about...I do think about it, but it gets very frustrating, as I co-own the family farm w/ room easily for 20 cars between the barn and two garages, but am unable to use it because of my idiot older brother.
I just saw this thread in the "sidebar."
My friend has a 1994 SS that he uses during warm weather in addition to his daily driver. His 1994 has less than 100,000 miles. It's black with a gray interior.
He bemoans not having an "operating console," thus a 1996. However, with a 1996, he'd lose the cool digital speedometer and the 4 symmetrically arranged gauges for fuel, temp, volts, etc. and get analog dials.
We all have dream garages! And they change ... as we add one car and drop one car. They also mean ka-ching - ka-ching. My wallet looks better after getting back to basics - one daily driver. But I've had that extra Camaro and extra Cutlass Supreme Brougham coupe here and there and have learned to accept that that habit had to be expunged ... at least for me!
But they haven't even made any upgrades. Their V8 has the same horsepower rating as it did in 2012 for the 2020 model. And that 3.3 V6 dates back to 2006. The 2011 Sonata 2.0T has more power than the 2019 Genesis 2.0T.
Also keep in mind luxury buyers want the latest and greatest.