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Rivian Automotive

NASDAQ:RIVN

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Rivian Automotive
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Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company founded in 2009. The company is building an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. Rivian's first car model was intended to be a sports car, but it was shelved in late 2011 as Rivian looked to restart its business in an effort to have a larger impact on the automotive industry. Rivian received a large investment and grew significantly in 2015, opening research facilities in Michigan and the Bay Area. The company began working exclusively on electric autonomous vehicles and began gearing its prototypes toward the "ride-sharing and driverless car" market. Rivian's R1S SUV and R1T pickup truck are both highly rated and have received positive reviews for their design, performance, and range. The company sells its vehicles directly to customers in the consumer market.

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