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The Rivian EDV (Electric Delivery Van) and ECV (Electric Commercial Van), also known as the Delivery, are a line of battery-electric cargo vehicles built by Rivian.Initially they were exclusive to its investor Amazon, which uses the EDV for package delivery, but in November 2023, sales were opened to other companies as the ECV / Delivery, with minor cosmetic changes. [1]
2022 2022 2025 [1] Electric SUV based on the Rivian R1T: R2: R2: 2026 2026 - Electric Mid-size SUV [2] R3: R3 [3] 2026 2026 - Small Electric SUV R3X: R3X: 2026 2026 - Off-Road Capable version of the R3 [4] Delivery Van: EDV: EDV: 2021 2021 - Electric Delivery Van primarily used by Amazon. [5]
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. [6]
But despite Rivian's higher growth rate, it trades for a price-to-sales (P/S) ratio of just 2.26, dramatically lower than Tesla's multiple of 6.6. Management has ambitious targets
EV-maker Rivian delivered some much needed positive news today to investors, announcing that Q1 deliveries that topped estimates for the quarter, and its production forecast is still on track.
Electric transportation startup Rivian says it’s still on track to produce 25,000 vehicles in 2022.
Concept Rivian R1S at the Nov 2018 LA Auto Show. The Rivian R1S debuted as a prototype model first shown at the Los Angeles Auto Show in November 2018. [2] The prototype shown in LA was said to be in "production form". [13] By December 2019, Rivian had raised $1.3 billion in new funding for this and the R1T Truck. [36]
To meet its full-year production target of 25,000 vehicles, Rivian will have to produce at least 10,683 trucks in the fourth quarter. To meet its full-year production target of 25,000 vehicles ...