Jump to content

    From assembly to adventure trails and training, Rivian Stanton Springs North Georgia assembly plant takes shape.

    Dec 16th, 2021, Rivian press release went out that the great state of Georgia had won for Rivian's second assembly plant campus. This carbon-conscious campus is to be built east of Atlanta, in Morgan and Walton counties. This is a $5-billion site development and manufacturing investment.

    Rivian stated this new 2,000-acre campus would have the following:
    Employ more than 7,500 workers Produce up to 400,000 auto's a year Renewable energy production Construction of the plant begins summer of 2022 with production slated for some time in 2024.
    Now we find a posting of the Site Plans Map and Description on the https://www.rivianforums.com site that gives us far more details about the new campus. Thanks to AdamsFan1983 for posting this.

    This map plan expands showing that not only will it be an assembly plant, but we also see the additional following details:
    Adventure trail and test track On-site delivery center 144 chargers for outbound vehicle prep R & D three story building Training facility Considerable outdoor amenity space CX & Event center building Clearly a very large investment by Rivian into the state of Georgia. With that we also now have one of the best views into the 2022 production at the Normal, Illinois production campus.
    Rivian to site second manufacturing plant in Georgia
    ūüóļ Rivian‚Äôs Georgia Plant Site Plan Revealed - Includes Trail & Test Track, Delivery Center, 144 Chargers | Rivian Forums - R1T & R1S Owners, News, Discussions, RIVN Stock
    12-15-21 (rivianforums.com)


    Rivian as a company trading as RIVN exceeded their wildest imagination today with their IPO.  Is it worth more than GM and Ford?

    Not since Facebook IPO has wallstreet seen such a big IPO. With today November 10th, 2021 being Rivian's or RIVN IPO which kicked off at $78 per share and has since surged to $106 per share, a 36% surge on their initial day has wall street seen such a crazy IPO.

    Rivian at the current trading price has pushed past $90 billion in book value. Course this did not stop the crazy stock pop that is normal as within minutes RIVN stock rose to $116 per share or more than a 50% jump from their starting IPO price before gain pairing happened and now is moving back and forth around the $106 per share range. This has RIVN start at a company valuation of $66.5 billion and is currently worth just a bit over $90 billion now.
    The initial upsized IPO was 153,000,000 shares of Rivian Class A common stock. Since then on Tuesday November 9th 2021, Rivian gave a 30 day option of an additional 22,950,000 Class A Common stock shares to sell is demand warrants by the underwriters. As it would seem, one would expect these shares to sell as well.
    The gross proceeds from this offering after discounts, commissions and expenses is to deposit into Rivian's bank account at least $11.9 Billion
    Rivian has stated that they have firm orders for 55,400 of their R1T and R1S auto's. They have a commitment for 100,000 Amazon Prime delivery vans of which Rivian says they will have 10,000 on the road by 2022 with the full 100,000 built and delivered by 2030 pending any additional conversions of options for more vans from Amazon to Rivian.
    Amazon (AMZN) with their $1 billion investment or 20% stake and Ford (F)  with their $500 million investment or 12% stake are both backing Rivian and Ford has plans to have Rivian build select EV's for them though nothing has been committed to yet.
    Rivian as per their own CEO RJ and based on patent documents is planning a complete EV family of products for both retail and commercial application.

    It would seem that Tesla is no longer the crazy wild EV auto company stock ride, we now have Rivian.
    Bigger question is how will Rivian do once Ford and GM launch their electric trucks in 2022?
    Rivian Stock
    TESLA Stock
    Ford Stock
    GM Stock
    Rivian Announces Pricing of Upsized Initial Public Offering
    Rivian IPO: Everything You Need to Know As Tesla Competitor Makes Public Debut - TheStreet
    Electric automaker Rivian valuation pops above GM, Ford in biggest IPO of 2021 | TechCrunch
    Rivian Automotive stock soars in trading debut, in the largest IPO of the year - MarketWatch
    Electric Vehicle Startup Rivian Hits $90 Billion Valuation In Biggest IPO Since Facebook (forbes.com)


    CEO RJ Scaringe has driven off the first production R1T Rivian truck destined for the awaiting hands of a reservation holder today in Normal!

    Rivian CEO RJ Scaringe drove off the first R1T production truck in Rivian Blue at the Normal Production plant.

    The Rivian truck received an EPA rating of 314 miles on the default battery pack that is shipping now. a larger battery pack will become available in January 2022 as well as a smaller battery pack at a future time.
    Rivian R1T spec:
    EPA 314 mile range on standard battery pack Battery type 2170 cylindrical cell supplied by Samsung SDI 0 to 60 mph in 3 seconds Quad motor, AWD On-board charger is 11.5 kW, AC level 2, 25 miles per hour of charge. DC Fast charging 140 miles in 20 minutes Wading depth of 3 plus feet Towing capacity of 11,000 pounds This is all the information via Rivians web site and RJ Scaringe twitter account.
    I am very excited for the Bellevue Washington Rivian site to open and have a chance to see how my large Shrek frame fits in this truck. I would love one in Forest Green.

    Drew Dowdell

    ...The unproven sales model proves tempting...

    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. 

    Drew Dowdell

    ...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. 

    Drew Dowdell

    ...but what will Ford build on that platform?...

    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. 

    Drew Dowdell

    ...shows off abilities of a skateboard platform

    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. 

    Drew Dowdell

    Large bed-mounted battery would boost range.

    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.

    Drew Dowdell

    Amazon to lead the first round of investing

    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

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets


  • Create New...