Rivian Automotive Inc

Rivian designs and manufactures electric trucks (R1T) and SUVs (R1S) for consumers, along with commercial electric delivery vans built in partnership with Amazon [Yahoo Finance]. The company also develops vehicle software, charging infrastructure called the Rivian Adventure Network, autonomous driving features branded as Autonomy+, and FleetOS fleet management software for commercial customers [Yahoo Finance]. Rivian generates revenue through vehicle sales, software subscriptions, vehicle services, financing, and related accessories [Yahoo Finance].

Rivian Automotive is a California-based electric vehicle manufacturer that builds the R1T pickup truck and R1S SUV, while also developing software services and commercial delivery vans for Amazon [Yahoo Finance]. The company is currently unprofitable with a $17.7B market cap [Yahoo Finance], burning through cash as it scales production and prepares to launch the lower-priced R2 model aimed at reaching a broader consumer market [Yahoo Finance]. Recent news highlights strategic partnerships including a robotics spinoff valued at $3.4B and a major supply deal with Uber for up to 50,000 autonomous vehicles [Simply Wall St].

Rivian is burning significant cash with negative margins across the board, but revenue is growing as production ramps up [Yahoo Finance].