Rivian is Charging Ahead

Rivian is an American automaker and technology company that develops and manufactures category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle. The company’s nearly $14 billion IPO in 2021 was the largest worldwide since 2014. Rivian’s first consumer products, the R1T pickup truck and R1S SUV, have received critical acclaim, including the R1T being named Edmunds’s Top Rated Electric Truck in 2025. Rivian is also currently fulfilling Amazon's order for 100,000 electric delivery vans—the largest single order for commercial EVs ever placed.

Building on this significant momentum, Rivian is now strategically laying the groundwork for mass-market growth with the highly anticipated R2 leading the charge for future high-volume production anchored by the company’s future Georgia manufacturing plant.

Keeping California Adventurous Forever

Since the spring of 2020, Rivian has been a part of Stanford Research Park. What started as a small satellite team has grown to occupy four buildings and nearly 200,000 sq. ft., focused on vehicle technology and software development. Teams work on a variety of specialized projects including infotainment, software systems and architecture, electrical hardware, autonomy, and advanced driver assistance systems (ADAS).

The Future is R2

Rivian is moving at full speed towards R2, a midsize 5-seater SUV that redefines modern adventure. The crossover vehicle is optimized for both urban and off-road versatility, effectively capturing the spirit, utility, and performance of the R1, but refactoring it into a smaller, more cost-effective design. With a targeted starting price of $45,000, the R2 offers a more accessible entry point to the brand. Production and deliveries are on track to begin in the first half of 2026.

Rivian completed a clean-sheet design for the R2's battery pack and 4695 cell, which offers six times the energy of the 2170 cell used in the R1. The new cell-to-pack design utilizes the vehicle's floor as the battery pack lid, helping to minimize the pack's mass. To maintain a cost-effective supply, all R2 cells are expected to be produced in the U.S. starting in 2027.

Investing in Technology, in America

Rivian vehicles are built on clean-sheet software, which means the company owns and controls the software stack—and it doesn't have legacy code to unwind before it builds. This clears an open runway for innovation.

In November 2024, Rivian announced a $5.8 billion new joint venture with Volkswagen to develop the next generation of electric vehicle architecture and software to be used in both company’s future EVs.

Rivian is proud to be an American company. All the Rivians you see on the road today, from New York to California to Hawaii, are assembled in Normal, Illinois, just two hours south of Chicago. The original 4.3 million sq. ft manufacturing facility has been expanded by 1.1 million sq. feet to support R2 manufacturing.

A second manufacturing facility is being built in Stanton Springs North, Georgia, representing a multi-billion investment in the state and expected to create 7,500 jobs by 2030. Customer vehicle production is expected to begin in 2028, with plans to assemble the midsize, 5-seater R2 SUV and R3 crossover.

The Rivian Adventure Network has 850 chargers across 131 sites active in 38 states; globally, Rivian has 35 spaces and 95 service locations, with the majority in the United States (as of November 4, 2025).

For Our Kids’ Kids’ Kids

Founded in 2009, Rivian’s mission is to Keep the World Adventurous Forever and build the kind of world future generations deserve—all while inspiring exploration of this planet we call home. Rivian vehicles are built for every adventure, from off-roading to family road trips with incredible battery range, thoughtful interiors, and software that makes the experience helpful and personal to the driver.

To extend the company’s impact, its Founder and CEO RJ Scaringe led the establishment of Rivian Foundation, Rivian’s philanthropic arm. Its mission is to safeguard a healthy planet so future generations can experience a world of abundance, wonder and adventure—forever. At its IPO, Rivian allocated 1% of its pre-IPO equity to Rivian Foundation making nature a stakeholder in Rivian’s success.

The company’s leadership and employees see Rivian’s potential as not stopping at solutions that evolve how we drive; they also aspire to shift consumer mindsets and inspire other companies to fundamentally change the way they operate.