The financial terms of the investment were not disclosed.
Led by RJ Scaringe, founder and Chief Executive Officer, Rivian provides a premium vehicle platform that enables new customer models and integrates with the company’s cloud-based digital architecture, self-driving platform and advanced battery system.
The company, which plans to introduce its first electric adventure vehicle, a five-passenger truck, in 2020, followed by a seven-passenger SUV, has vehicle design and engineering operations in Michigan, technology and engineering in California and manufacturing facilities in Illinois.
FinSMEs
26/12/2017