Rivian is an up-and-coming startup company building high-performance electric adventure vehicles . So far, the company has received major investments from Ford and Amazon totaling over $1 billion. The company has progressed by making business decisions no other EV startup is making. Visit Business Insider’s homepage for more stories. Following is a transcript of the video. Narrator: With Tesla’s stronghold on the electric-car market and multiple legacy automakers already taking a crack at the segment, it’s hard for small companies to make much noise. However, one particular American start-up seems to be on its way to becoming a household name when it comes to electric vehicles. Rivian is an electrical-vehicle start-up that was founded in 2009 and plans to start producing its two vehicles, the R1S SUV and R1T pickup truck, in 2020. Rivian was recently thrust into the global spotlight when Ford invested $500 million into the company. The unexpected partnership happened only shortly after Amazon made its own investment of $700 million. So what is it about Rivian that has major investors dying to get a piece and publications likes Forbes calling them Tesla’s worst nightmare? Matthew DeBord: I knew very little about Rivian prior to Rivian’s […]


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