Rivian Automotive, Inc. / DE

Overview

Rivian Automotive, Inc. is a U.S.-based automotive and technology company that develops and manufactures electric vehicles and related technologies and services. Its consumer vehicles include the R1T pickup and R1S SUV; its commercial offerings include electric delivery vans. Rivian’s midsize R2 SUV began deliveries in the second quarter of 2026. The company was founded in 2009 and describes its purpose as helping “keep the world adventurous forever.” [1]+5

Rivian is headquartered in Southern California, manufactures vehicles in Normal, Illinois, and has facilities and operations across the U.S., Canada, and Europe. It reported FY2025 revenue of $5.387 billion. A secondary report citing the company’s 2025 annual filing put year-end employment at approximately 15,232.[1]+3 [1]+10

Products & services

Rivian’s vehicle lineup includes the R1T two-row, five-seat pickup and R1S three-row, seven-seat SUV. Both use Rivian-designed electric powertrains, chassis, zonal electrical architecture and digital systems, with functionality expandable through over-the-air software updates. Depending on configuration, the 2027 R1T is listed with EPA-estimated range up to 420 miles and towing capacity up to 7,700 lb; the R1S is listed with range up to 410 miles and towing up to 7,700 lb.[10]+3

R2 is a five-seat midsize SUV whose initial Performance Launch Package is specified at up to 330 miles of EPA-estimated range, 656 horsepower, 609 lb-ft of torque and 0–60 mph in as little as 3.6 seconds. R3 is a planned midsize crossover, with R3X as a higher-performance variant intended for on- and off-road use.[14]+3 Rivian also offers commercial electric vans, including the EDV developed with Amazon for centrally managed fleets.[17][18]

Related offerings include vehicle software and electrical-architecture development services, Autonomy+, Connect+, FleetOS, vehicle repair and maintenance, charging, accessories, financing, insurance, trade-ins and pre-owned vehicle remarketing. Rivian operates its Adventure Network of DC fast chargers in North America; more than 95% of the network is open to non-Rivian electric vehicles.[19]+3 For Q2 2026, Rivian reported $1.143 billion in Automotive revenue and $515 million in Software and Services revenue; the filing reports segment totals rather than revenue by individual vehicle model.[23][24] [10]+16

Geographic presence

Rivian’s manufacturing facility is in Normal, Illinois, where it produces vehicles. Its headquarters are in Southern California. The company also reports owned and leased facilities in the United States, Canada, and Europe for functions including engineering, research and development, design, customer engagement, sales, service, and administration; its filings do not specify all site locations or employee distribution by geography.[25][7]

Rivian’s vehicles are certified for sale in Canada, and the company reports sales and service licensing in several Canadian provinces. Its official service-center information identifies locations in the United States and, in Canada, Alberta, British Columbia, Ontario, and Quebec. The filings do not provide revenue by country or region, or establish a European vehicle-sales footprint.[26]+3 [25]+6

Business segments

Rivian reports two accounting segments: **Automotive** and **Software and Services**. Automotive includes production and sales of new electric vehicles and sales or utilization of regulatory credits generated by vehicle production and sales. Software and Services primarily includes vehicle electrical architecture and software development services, vehicle remarketing, repair and maintenance, and also Autonomy+, software subscriptions, extended service contracts, accessories, non-vehicle-generated regulatory credits and other items.[29][30]

For the year ended December 31, 2025, Automotive generated $3.830 billion, approximately 71.1% of consolidated revenue, and Software and Services generated $1.557 billion, approximately 28.9%.[31] In the six months ended June 30, 2026, the respective contributions were $2.051 billion (67.5%) and $988 million (32.5%) of consolidated revenue. Percentages are calculated from reported segment and consolidated revenue.[23] [29]+7

Company history

Rivian was founded in June 2009 by RJ Scaringe. In 2017, it acquired the former Mitsubishi plant in Normal, Illinois, which became the basis of its vehicle manufacturing operations.[32][33] In November 2018, Rivian unveiled the R1T pickup and R1S SUV, its first consumer vehicles.[34]

In 2019, Amazon led a $700 million investment round, and the companies announced plans for Rivian to develop and supply Amazon with electric delivery vans.[35][36] Rivian began R1T deliveries in September 2021, followed by R1S deliveries in December, and went public in November 2021.[37]+2 Amazon’s Rivian-built delivery vans began rolling out in the United States in 2022.[40]

In March 2024, Rivian introduced its R2 midsize SUV and R3 vehicle concepts.[41] That year, it also announced a joint venture with Volkswagen Group focused on vehicle software and electrical architecture; the venture launched in November.[42][43] Rivian began public customer deliveries of the R2 in June 2026.[44] [32]+20

Sources

• Rivian Automotive, Inc. / DE — Full financial report (2025 Y)
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• Rivian Automotive, Inc. / DE — Full financial report (2026 Q 2)
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• Rivian Automotive, Inc. / DE — Ipo (2021 O)
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• rivian.com[34]
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• Rivian Automotive, Inc. / DE — Full financial report (2021 Y)[38]
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