Tesla Rival Rivian Gets Big Investment From Amazon
Tesla Rival Rivian Gets Big Investment From Amazon - https://geags.com/2tw5kK
How Amazon's $700 Million Investment Boosts Tesla Rival Rivian
Amazon, the online retail giant, has made a big bet on Rivian, a Michigan-based company that is developing electric vehicles that can compete with Tesla. Amazon is leading a $700 million investment round in Rivian, which plans to launch a battery-powered pickup truck and an electric SUV by the end of 2020.
Why is Amazon investing in Rivian What does this mean for Tesla and the electric vehicle market Here are some key points to know:
Amazon is not only a retailer, but also a logistics company that spends billions of dollars on shipping and delivery every year. By investing in Rivian, Amazon could gain access to its innovative electric vehicle technology and potentially use its vehicles for its own delivery fleet. Amazon has already announced plans to convert its delivery fleet to 100,000 Rivian electric vans by 2022[^2^].
Rivian is not just another electric vehicle startup. It has been developing its vehicles for over a decade, and has a unique \"skateboard\" platform that integrates all the components that propel the vehicles, including a large battery pack, four electric motors, axles, suspension and cooling system. This platform allows Rivian to create different models of vehicles with different shapes and sizes. Rivian claims its pickup truck, the R1T, can go up to 400 miles on a full charge, and accelerate from 0 to 60 mph in three seconds[^1^].
Tesla, the leading electric vehicle maker in the US, may face some serious competition from Rivian. Tesla has been struggling with production and delivery issues, as well as legal battles and financial losses. Tesla also plans to launch its own electric pickup truck, the Cybertruck, but it has received mixed reactions from customers and critics. Rivian's vehicles are more conventional and appealing to mainstream consumers who want electric vehicles that can handle off-road adventures and tough terrains[^2^].
Amazon's investment in Rivian is a sign of confidence in the company's vision and technology. It also shows that the electric vehicle market is heating up, and that Tesla may not be the only game in town for long.
But Rivian is not just competing with Tesla on performance and design. It is also offering some unique features that set it apart from other electric vehicle makers. Here are some of the features that only Rivian has:
A built-in flashlight: Both Rivian vehicles have a cool flashlight built into the driver's door that uses the same 2170 battery cell that the main traction battery employs. The flashlight can be easily detached and recharged when needed[^1^].
A tank turn: Thanks to its four independent electric motors, Rivian vehicles can perform a 360-degree turn on the spot, like a tank. This feature can be useful for maneuvering in tight spaces or getting out of tricky situations[^1^].
A charge status light bar: Rivian vehicles have a light bar on the front grille that indicates the battery level and charging status. The light bar can also change colors and patterns to communicate different messages, such as greeting the driver or signaling an emergency[^1^].
A portable kitchen: Rivian offers an optional accessory that can turn its vehicles into a mobile kitchen. The kitchen slides out from the side of the vehicle and includes a sink, a stove, a countertop and storage space. It can run on the vehicle's battery for over a week[^1^].
Amazon Alexa-controlled frunk: Rivian vehicles have a spacious front trunk, or frunk, that can be opened and closed with voice commands using Amazon Alexa. The frunk can also be used to control other features of the vehicle, such as climate, music and navigation[^1^].
With these features and more, Rivian aims to create electric vehicles that are not only sustainable, but also fun and versatile. Rivian's motto is \"Electric Adventure Vehicles\", and it seems to live up to it. aa16f39245