Jump to content
  • Drew Dowdell
    Drew Dowdell

    Rivian Lands $700M in Investment Commitments

      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

    Edited by Drew Dowdell

    • Upvote 2


    User Feedback

    Recommended Comments

    With a large enough investment in Rivian, this is how GM gets their EV Pickup without compromising their existing platforms.  

    • Upvote 3

    Share this comment


    Link to comment
    Share on other sites
    3 hours ago, Drew Dowdell said:

    With a large enough investment in Rivian, this is how GM gets their EV Pickup without compromising their existing platforms.  

    I would definitely rock one if I could afford it.

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    3 hours ago, Drew Dowdell said:

    With a large enough investment in Rivian, this is how GM gets their EV Pickup without compromising their existing platforms.  

    This is also how a long time GM customer since 1993 from my own pocket, from the 60's if I include all the GM auto's my parents have owned stays with them.

    Invest in Rivian with the right to use the skateboard platform for Chevrolet and GMC Full size 1/2 ton pickups. 

    Do it now and just enjoy all the purchases they will have in a year.

    Share this comment


    Link to comment
    Share on other sites
    15 minutes ago, dfelt said:

    This is also how a long time GM customer since 1993 from my own pocket, from the 60's if I include all the GM auto's my parents have owned stays with them.

    Invest in Rivian with the right to use the skateboard platform for Chevrolet and GMC Full size 1/2 ton pickups. 

    Do it now and just enjoy all the purchases they will have in a year.

    Close.  Make that three years for the GM twins to shop up in showrooms.

    Share this comment


    Link to comment
    Share on other sites
    1 hour ago, A Horse With No Name said:

    I would definitely rock one if I could afford it.

    You won't be able to... or more acurately, GM will make it stupid expensive to get and then options like adaptive cruise control or rainsense wipers which come standard on a Yaris will require $4,000 option packages to get and only available on the top trim. 

    • Haha 2
    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites

    And GM will make it hideous like the Silverado.  

    23 minutes ago, Drew Dowdell said:

    You won't be able to... or more acurately, GM will make it stupid expensive to get and then options like adaptive cruise control or rainsense wipers which come standard on a Yaris will require $4,000 option packages to get and only available on the top trim. 

     

    • Haha 1
    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    28 minutes ago, Robert Hall said:

    And GM will make it hideous like the Silverado.

    I could get worse.  It could remain looking like the Spongebob, Square Pants character that it already resembles.

     

    Spongebob_Lifegard.jpg

    • Haha 1
    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    7 minutes ago, ocnblu said:

    I could get worse.  It could remain looking like the Spongebob, Square Pants character that it already resembles.

     

    Spongebob_Lifegard.jpg

    U'mmmm How does that look like this?

    See the source image

    • Haha 1

    Share this comment


    Link to comment
    Share on other sites
    11 minutes ago, Robert Hall said:

    I think Ocn was exaggerating.  Never seen SBSP, but I see no resemblance.  

    When a cartoon can propel me cross country with a payload  Blu will have a point.

    Edited by A Horse With No Name
    • Haha 2

    Share this comment


    Link to comment
    Share on other sites
    37 minutes ago, Robert Hall said:

    I think Ocn was exaggerating.  Never seen SBSP, but I see no resemblance.  

    Nope.  In this case, that was not sarcasm.  I was being dead serious.

    Share this comment


    Link to comment
    Share on other sites

    I dont see the resemblance myself, about that green cartoon character and the Rivian truck, but...

    the Rivian truck  makes me think about a Star Wars Rogue One robot for whatever reason. K-2SO

     

    Related image

     

    I do not like the looks of the Rivian truck too much. I think the vertical,  race car track like accent LED lighting around the 4 circle LED lights look bizarre and out of place to the otherwise horizontal lines it has on its fascia.  That contrast does not mesh well together in my opinion. 

    But...because it looks different and unique to other front ends in the car biz, I think its a fantastic way to establish brand identity. 

    Besides, it aint worse than this monstrosity

    Image result for 2020 chevrolet silverado 2500hd

     

    The Rivian truck just looks geeky and may say that the owner is awkward socially.  At least it does not scream out loud that the owner of a Silverado HD truck has a tiny penis! 

     

    Edited by oldshurst442
    • Upvote 1
    • Downvote 1

    Share this comment


    Link to comment
    Share on other sites
    Just now, oldshurst442 said:

    the owner of a Silverado HD truck has a tiny penis! 

    Maybe if you stopped PEEKING...

    • Haha 1

    Share this comment


    Link to comment
    Share on other sites
    5 minutes ago, ocnblu said:

    Maybe if you stopped PEEKING...

    There is nothing wrong with taking a peek...but its pathetic trying to mask a tiny penis with strong "fake" masculinity...

    Related image

    coocoo!!

    Made you look!!!

     

     

    Edited by oldshurst442
    • Like 1
    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites
    2 minutes ago, ocnblu said:

    Ppl who miss the point...  😢

    I might have missed the point you were trying to make. 

    Please explain. Slowly if you can. My brain sometimes lags...

    • Haha 1

    Share this comment


    Link to comment
    Share on other sites
    1 minute ago, oldshurst442 said:

    There is a yuuuuuge difference between that Chevy's face ^^^  and the modern one! 

     

    yeah, not really close. 

    • Confused 1
    • Upvote 2

    Share this comment


    Link to comment
    Share on other sites

    *puts on dark glasses and picks up cane*  *POKE*  Oh yeah, I see wut you mean!  :rolleyes:

    • Haha 1

    Share this comment


    Link to comment
    Share on other sites
    12 hours ago, oldshurst442 said:

    Related image

    coocoo!!

    Made you look!!!

    I looked into this very closely.  It's actually an old AMC Javelin dealership ad, each dealer got one of these.  This one is missing his javelin (he is not throwing a gang sign).  Plus, it is very cold.  Or he could just be a normal Greek guy on the warmest day of the year.  Not sure.

    Share this comment


    Link to comment
    Share on other sites
    13 hours ago, A Horse With No Name said:

    propel me cross country

    Now that's funny right dere, I don't care who ya are.

    Share this comment


    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By Drew Dowdell
      General Motors and LG Chem are joining forces to invest $2.3 billion in a new battery plant near its old Lordstown Assembly complex in Lordstown, Ohio.  The deal is a 50/50 partnership between GM and LG Chem and will create 1,100 jobs in the area. 
      Construction of the plant will begin mid-2020 at a greenfield former manufacturing site. The employees will work for the joint-venture and will not be direct GM employees. Initially, the plant will solely supply batteries for GM vehicles, though with a maximum capacity of 30 gigawatt-hours annually, the company could expand to supply other manufacturers as well.
      GM and LG Chem are forming this joint venture in an attempt to bring down the unit cost of batteries for future vehicles. The plant's capacity, once completed, will be among the largest in the world. 
      General Motors has said it wants to introduce 20 electric vehicles globally by 2023. 

      View full article
    • By Drew Dowdell
      General Motors and LG Chem are joining forces to invest $2.3 billion in a new battery plant near its old Lordstown Assembly complex in Lordstown, Ohio.  The deal is a 50/50 partnership between GM and LG Chem and will create 1,100 jobs in the area. 
      Construction of the plant will begin mid-2020 at a greenfield former manufacturing site. The employees will work for the joint-venture and will not be direct GM employees. Initially, the plant will solely supply batteries for GM vehicles, though with a maximum capacity of 30 gigawatt-hours annually, the company could expand to supply other manufacturers as well.
      GM and LG Chem are forming this joint venture in an attempt to bring down the unit cost of batteries for future vehicles. The plant's capacity, once completed, will be among the largest in the world. 
      General Motors has said it wants to introduce 20 electric vehicles globally by 2023. 
    • By Drew Dowdell
      Mazda has an internal debate going on as to whether to electrify or not the next generation MX-5 Miata.  One of the major concerns is keeping the car light weight. The current car in base form tips the scales at just 2,345 lbs. and is incredibly well balanced, so adding batteries and electric motors could upset that balance. 
      Electric motors can be compact and powerful though, adding torque in places where gasoline motors are weak.  In order to provide that power, they require dense and heavy battery packs. Still, if power can be added to the 2.0-liter four-cylinder that produces 181 horsepower and 151 lb-ft of torque, it might make up for the weight increase in a straight line.
      Why do this? It's not like the MX-5 is a huge seller. It doesn't contribute to Mazda's overall volume in such a way that it should require efficiency tuning to meet fuel economy standards. Just 8,971 Miatas passed through Mazda dealerships in 2019.  The answer is in image. Mazda wants to maintain the appearance of being eco-friendly. They feel that the preference of people who enjoy driving sports cars could be changing, so Mazda needs to think about the direction society is going. The next Mazda MX-5 isn't due until 2022 or so, so Mazda still has some time to decide.
      Mazda is committed to the original formula that made the Miata an icon though, and any electrification will have to happen with the thought of maintaining lightness as a priority.

      View full article
    • By Drew Dowdell
      Mazda has an internal debate going on as to whether to electrify or not the next generation MX-5 Miata.  One of the major concerns is keeping the car light weight. The current car in base form tips the scales at just 2,345 lbs. and is incredibly well balanced, so adding batteries and electric motors could upset that balance. 
      Electric motors can be compact and powerful though, adding torque in places where gasoline motors are weak.  In order to provide that power, they require dense and heavy battery packs. Still, if power can be added to the 2.0-liter four-cylinder that produces 181 horsepower and 151 lb-ft of torque, it might make up for the weight increase in a straight line.
      Why do this? It's not like the MX-5 is a huge seller. It doesn't contribute to Mazda's overall volume in such a way that it should require efficiency tuning to meet fuel economy standards. Just 8,971 Miatas passed through Mazda dealerships in 2019.  The answer is in image. Mazda wants to maintain the appearance of being eco-friendly. They feel that the preference of people who enjoy driving sports cars could be changing, so Mazda needs to think about the direction society is going. The next Mazda MX-5 isn't due until 2022 or so, so Mazda still has some time to decide.
      Mazda is committed to the original formula that made the Miata an icon though, and any electrification will have to happen with the thought of maintaining lightness as a priority.
    • By Drew Dowdell
      The first product to come from Ford's investment into startup automaker Rivian will likely be a Lincoln SUV due to arrive sometime in 2022.  The vehicle will be all-wheel drive and compete against Rivian's own R1S which is priced at $72,500.  The models will share Rivian's skateboard platform, a design that combines the motors, batteries, controls and suspension into a single unit that the body can be built around.  
      The Rivian R1S is a three-row EV crossover with a range of up to 410 miles and will be built in Normal Illinois at a former Mitsubishi plant. It is expected to go into production sometime in 2021.
      There will also be a compact Lincoln EV crossover coming for 2021 that could be built on the same platform that the Ford Mustang Mach-E rides on. 
      EV sales have been tepid so far in the US, but Lincoln is banking on the EVs to be bigger sellers in the Chinese market. 

      View full article
  • Posts

  • Social Stream

  • Today's Birthdays

    1. Cory Wolfe
      Cory Wolfe
      (31 years old)
  • Who's Online (See full list)

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...