Rivian Lands $700M in Investment Commitments

[Drew Dowdell]

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

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[A Horse With No Name]

Excellent...the times...they be a changing....

[Drew Dowdell]

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

[A Horse With No Name]

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.

[David]

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.

[riviera74]

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.

[Drew Dowdell]

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. 

[Robert Hall]

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. 

 

[ocnblu]

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.

 

[David]

7 minutes ago, ocnblu said:

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

 

U'mmmm How does that look like this?

[Robert Hall]

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

[A Horse With No Name]

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.

[ocnblu]

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.

[oldshurst442]

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

 

 

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

 

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! 

 

[ocnblu]

Just now, oldshurst442 said:

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

Maybe if you stopped PEEKING...

[oldshurst442]

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...

coocoo!!

Made you look!!!

 

 

[ocnblu]

Ppl who miss the point...  😢

[oldshurst442]

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...

[ocnblu]

[oldshurst442]

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

 

[Drew Dowdell]

1 minute ago, oldshurst442 said:

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

 

yeah, not really close. 

[ocnblu]

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

[ocnblu]

12 hours ago, oldshurst442 said:

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.

[ocnblu]

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.