Tesla Cybertruck, recently introduced, managed to attract attention with its extraordinary design. As many satisfied with the attention from Tesla, who received pre-orders. However, Tesla’s rival Rivian is also preparing to launch its new vehicles. Having recently invested $ 1.3 billion by Amazon and Ford, the company plans to become a Tesla rival with the Rivian R1T and Rivian R1S models.
Tesla competitor: Rivian R1T and Rivian R1S
Rivian, established in 2009, is an electric truck manufacturer. Investment tours for the company in the past months are organized with the participation of Ford Motor Company and Amazon. RJ Scaringe, the founder and CEO of Rivian, said, “This investment places confidence in our team, products, technology and strategy. We are excited to receive the support of these powerful shareholders..
The company received $ 700 million of investment by Amazon last February. In April 2019, Ford Motor Company invested $ 500 million and it was agreed that companies would cooperate for a vehicle project. In September 2019, Cox Automotive announced that it had invested $ 350 million in Rivian and that companies would cooperate in logistics and services.
Also on an electric distribution vehicle project in a partnership between Amazon and Rivian. Amazon plans to make long-term profit by converting the vehicles it distributes to electric vehicles.
Rivian R1T and Rivian R1S are not available yet. It is planned to be delivered to the customer in 2020. Supported by Amazon and Ford, the company's biggest rival is Tesla.
What do you think of Rivian R1T and Rivian R1S? Do you think he'il be able to dethrone Tesla?
