Rivian EV is an American electric vehicle (EV) company that designs and manufactures electric adventure vehicles, including electric pickup trucks and electric SUVs.
About Rivian EV
The company was founded in 2009 and is based in Plymouth, Michigan. Rivian has received significant investment from a number of major companies, including Amazon and Ford Motor Company, and has partnerships with both companies to develop and produce electric delivery vehicles. Rivian’s first production vehicles, the R1T electric pickup truck and the R1S electric SUV, are scheduled to be released in the summer of 2021.
Rivian EV is a privately held company, so its stock is not traded on a public stock exchange. If you are interested in investing in Rivian, you may be able to do so through a private investment in the company. It’s important to carefully consider the risks and potential returns of any investment, and to consult with a financial advisor before making any investment decisions.
How Rivian EV Works
Rivian is an electric vehicle (EV) company that designs and manufactures electric adventure vehicles, including electric pickup trucks and electric SUVs. The company’s vehicles are powered by electric motors and batteries, rather than internal combustion engines, and use electricity as their primary fuel source.
Rivian’s vehicles are designed to be capable of off-road driving and extended adventures, with features such as high ground clearance, all-wheel drive, and long driving ranges. The company’s first production vehicles, the R1T electric pickup truck and the R1S electric SUV, are slated to have driving ranges of up to 400 miles on a single charge.
To charge the batteries in Rivian’s vehicles, drivers can use a standard household electrical outlet or a public or private charging station. Rivian’s vehicles are equipped with fast-charging technology that allows them to charge at high speeds, allowing drivers to add significant range in a short amount of time.
Rivian EV also plans to offer subscription-based services, such as maintenance and repair, tire rotations, and more, to make it easier for drivers to maintain their vehicles. The company also plans to offer overlanding equipment, such as tents and other camping gear, for drivers to use on extended adventures.
Rivian EV Future Plans
Rivian is an electric vehicle (EV) company that designs and manufactures electric adventure vehicles, including electric pickup trucks and electric SUVs. The company was founded in 2009 and is based in Plymouth, Michigan.
Rivian EV has announced several future plans for its business. These include:
Expanding its product line: Rivian plans to release additional electric vehicles in the future, including a delivery van for Amazon and a luxury electric SUV for Lincoln.
Partnering with other companies: Rivian has announced partnerships with a number of major companies, including Amazon and Ford Motor Company, to develop and produce electric delivery vehicles and other EV products.
Expanding into new markets: Rivian plans to enter new markets in the coming years, including Europe and Asia.
Developing new technology: Rivian is also working on developing new technologies, such as advanced driver assistance systems (ADAS) and autonomous driving capabilities, for its vehicles.
It’s important to note that these plans are subject to change and may be affected by a variety of factors, such as market conditions and the success of the company’s products.
Rivian EV Net Worth
Rivian EV is a privately held company, so its net worth is not publicly disclosed. As a privately held company, Rivian’s financial information is not required to be disclosed to the public, and the company is not required to disclose its net worth.
Rivian EV has received significant investment from a number of major companies, including Amazon and Ford Motor Company, and has partnerships with both companies to develop and produce electric delivery vehicles. The company has also raised millions of dollars in funding through private investment rounds.
Rivian’s net worth may be determined by a variety of factors, including the value of its assets, the success of its products and partnerships, and the overall performance of its business. However, it’s not possible for me to provide an estimate of the company’s net worth as it is a privately held company and this information is not publicly disclosed.
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Rivian Stocks and Financial Insights
Valuation Measures
| Market Cap (intraday) | 17.63B |
| Enterprise Value | 6.12B |
| Trailing P/E | N/A |
| Forward P/E | N/A |
| PEG Ratio (5 yr expected) | N/A |
| Price/Sales (ttm) | 16.80 |
| Price/Book (mrq) | 1.15 |
| Enterprise Value/Revenue | 5.83 |
| Enterprise Value/EBITDA | -0.90 |
Financial Highlights
Fiscal Year
| Fiscal Year Ends | Dec 30, 2021 |
| Most Recent Quarter (mrq) | Sep 29, 2022 |
Profitability
| Profit Margin | 0.00% |
| Operating Margin (ttm) | -716.40% |
Management Effectiveness
| Return on Assets (ttm) | -34.15% |
| Return on Equity (ttm) | -76.34% |
Income Statement
| Revenue (ttm) | 1.05B |
| Revenue Per Share (ttm) | 1.29 |
| Quarterly Revenue Growth (yoy) | 53,500.00% |
| Gross Profit (ttm) | -465M |
| EBITDA | -6.95B |
| Net Income Avi to Common (ttm) | -7.49B |
| Diluted EPS (ttm) | -14.53 |
| Quarterly Earnings Growth (yoy) | N/A |
Balance Sheet
| Total Cash (mrq) | 13.27B |
| Total Cash Per Share (mrq) | 14.41 |
| Total Debt (mrq) | 1.76B |
| Total Debt/Equity (mrq) | 11.48 |
| Current Ratio (mrq) | 6.84 |
| Book Value Per Share (mrq) | 16.65 |
Cash Flow Statement
| Operating Cash Flow (ttm) | -4.69B |
| Levered Free Cash Flow (ttm) | -4.41B |
Trading Information
Stock Price History
| Beta (5Y Monthly) | N/A |
| 52-Week Change | -82.14% |
| S&P500 52-Week Change | -20.11% |
| 52 Week High | 106.80 |
| 52 Week Low | 17.65 |
| 50-Day Moving Average | 29.34 |
| 200-Day Moving Average | 32.76 |
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Frequently Asked Questions?
Price: The 2022 Rivian R1T Explore, with quad motors, AWD, and a large battery pack, starts at $79,500. With a larger max battery pack that’s good for a range in excess of 400 miles, this R1T Explore starts at $89,500. Rivian is an American electric vehicle startup that appears to be the real deal
Opponents cite a range of concerns. Some fear the factory will contaminate the groundwater. Others disapprove of the lucrative public incentives being offered to Rivian. Many worry the huge facility will change the area’s bucolic character, increasing light pollution, snarling traffic and spurring more development.
