It provides Rivian Commercial Vehicle platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Rivian priced its initial public offering on November 9, 2021 and began trading on Nasdaq on November 10, 2021. (Deficit) Equity, Consolidated Statements Of Comprehensive Loss, Commitments And Contingencies - Unconditional Purchase Obligations (Details), Debt - Debt Securities, Trading, And Equity Securities, Fv-Ni (Details), Income Taxes - Deferred Tax Assets And Liabilities (Details), Income Taxes - Income Tax Reconciliation (Details), Income Taxes - Provision For Income Taxes (Details), Inventory And Inventory Valuation (Tables), Inventory And Inventory Valuation - Schedule Of Inventory, Current (Details), Leases - Schedule Of Lease Assets And Liabilities (Details), Leases - Terms And Interest Rates (Details), Net Loss Per Share - Antidilutive Securities (Details), Net Loss Per Share - Basic And Diluted Earnings Per Share (Details), Presentation And Nature Of Operations (Details), Property, Plant, And Equipment, Net (Tables), Property, Plant, And Equipment, Net - Narrative (Details), Property, Plant, And Equipment, Net - Schedule Of Property, Plant, And Equipment (Details), Related Party Transactions - Narrative (Details), Stock-Based Compensation - Fair Value Assumptions (Details), Stock-Based Compensation - Narrative (Details), Stock-Based Compensation - Schedule Of Stock-Based Compensation Expense (Details), Stock-Based Compensation - Share-Based Payment Arrangement, Activity (Details), Stockholders??? Come along for a virtual tour of our state-of-the-art manufacturing facility in Normal, Illinois. The filing did not include information on the latest $2.5 billion funding round Rivian announced in July that also included Ford. Images, video and audio from this Web site are provided without login for the purpose of editorial use only. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Board Member, Advisor, and Former CEO of Patagonia, Inc. . I am looking forward to working closely with her and the perspective that she will bring to the Board, said RJ Scaringe, Rivian founder and CEO. Rivianwill launch its products in the US in 2021, with introduction to international markets following. The R1 technology systems include vehicle electronics, battery, electric drive, chassis, Driver+, its advanced driver assistance system (ADAS), and digital user experience management. In addition to these investments, Ford plans to develop a new vehicle using Rivians flexible skateboard platform. That by exploring more responsibly today, we can preserve the environment for the generations that come after us. The vehicle with Rivian is in addition to Fords plan to develop a portfolio of battery electric vehicles as part of Fords previously announced $11 billion of EV investments. Rivian Automotive. See here for a complete list of exchanges and delays. How can I get a copy of Rivian's Annual Report or any other Investor materials (i.e., Investor Relations kit, Form 10-K, Proxy Statement)? Included in his role is the leadership of the regional sales, production and powertrain forecasting services that detail manufacturer, segment, platform, model, and plant trends. Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. BEN KLAYMAN. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, mobility solutions, including self-driving services; and connected services. Company profile page for Rivian Automotive Inc including stock price, company news, press releases, executives, board members, and contact information In . read more. When Ford said in March that English would join Ford's board, its press release identified her as the No. Board of Directors Audit Committee Nominating & Governance Compensation Planet & Policy. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The maker of electric vehicles has launched the 2022 Rivian R1T electric pickup truck and will soon add production of the 2022 Rivian R1S electric three-row SUV. Rivian Automotive, Inc. Elects Harald Kroeger to Serve as Class II Director 08/11/2022 | 05:26pm EST On August 8, 2022, the Board of Directors of Rivian Automotive, Inc. expanded the size of the Board and elected Harald Kroeger to serve as a Class II director of the Company, effective immediately. Alexandra and I share a deep passion for mobility and electrification, and her connection to Fords long family role in transportation is something special. Before joining SoFi, he served as chief operating officer of Twitter since November 2016, and as its chief financial officer when joining the company in July 2014. [1/2]R.J. Scaringe, Rivian's CEO, introduces his company's R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. Get this delivered to your inbox, and more info about our products and services. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. The relationship between Ford Motor Co. and startup electric vehicle maker Rivian just got a little tighter as Alexandra Ford English was announced as the newest member of Rivians board of directors. Rivian Automotive, founded by Robert "R.J." Scaringe, is coming up fast in the rearview mirror of high-profile electric carmaker Tesla Inc. ( TSLA ). Ford Motor Company is a global company based in Dearborn, Michigan. And by offering products and services that inspire people to explore and enjoy our world, we hope to also inspire them to want to protect it. At Rivian, were committed to showing that a successful business can also be good for the planet. It's a strategic investment. See here for a complete list of exchanges and delays. Robert J. Scaringe Chief Executive Officer Jiten Behl Chief Strategy Officer Young Doo Director of Mechanical Design, Electric Power Conversion Group Mark Vinnels Executive Director - Enginnering & Programs See here for a complete list of exchanges and delays. icon-branding Events Icon May 01, 2020 10:10 AM. The CEO also wants a second plant to meet forecasted demand. There are also offices elsewhere in California, as well as Canada and the U.K. Scaringe plans to use the money raised in the IPO to expand his Rivian lineup to include more vehicles built on the R1 platform, a smaller R2 family of vehicles, Rivian-badged adventure or overland vans, as well as commercial vans for customers in addition to Amazon. Rivian Sets Date for Release of Fourth Quarter and Full Year 2022 Results JANUARY 3, 2023 Rivian Produced 10,020 Vehicles in Q4 2022 NOVEMBER 9, 2022 Rivian Releases Third Quarter 2022 Financial Results Leadership & Governance SEC Filings By The Numbers R1 preorders as of Nov. 7, 2022 ~114,000 Initial Amazon EDV order 100,000 Vans were running around on city streets as part of a pilot program to work out bugs ahead of filling the order with production vans that will go into service delivering packages. Global asset firm T. Rowe Price is also a large investor and other financial companies that invested prior to the IPO include Fidelity Management and Research Company, D1 Capital Partners, Third Point, Dragoneer Investment Group, Franklin Templeton, Blackstone, and Coatue. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Ford is also supplying some components, engineering and tooling to Rivian. Download size exceeds 350 MB. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Amazon worked closely with Rivian to design the delivery vans being assembled at the Rivian plant in Normal. . Ford Motor, which has repeatedly touted its strategic relationship with electric vehicle maker Rivian, no longer has a representative on the startup's board of directors ahead of its going public. You can view our executive officers by visiting the Governance section of our Investor Relations website or visit theOur Company pageto learn about our entire leadership team. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. Rivian had originally planned to spend $2.6 billion for growth investments in 2022. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. She is currently the director of corporate strategy at Ford and Executive Chairman Bill Ford Jr.s daughter. Equity - Narrative (Details), Summary Of Significant Accounting Policies, Summary Of Significant Accounting Policies (Policies), Summary Of Significant Accounting Policies (Tables), Summary Of Significant Accounting Policies - Narrative (Details), Summary Of Significant Accounting Policies - Schedule Of Cash And Cash Equivalents (Details), Exhibit 4.3: Instruments Defining The Rights Of Security Holders, Including Indentures, Exhibit 21.1: Subsidaries Of The Registrant, Exhibit 23.1: Consents Of Experts And Counsel, Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification, https://last10k.com/sec-filings/rivn/0001874178-23-000009.htm. All Rights Reserved. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. But in April 2020, Ford announced that it had changed plans and would build its own Lincoln EV, using its new electric vehicle platform, and assembled at a Ford plant. Please select individual photos within album for download. 1mo. If you reached this page via our site or search, please let us know by emailing, The Tax Play That Saves Some Couples Big Bucks, How Gas From Texas Becomes Cooking Fuel in France, Watch: Fire Rips Through Jakarta Fuel Depot, More Severe Weather Expected After Tornadoes Hit South, Chicago Mayor Lori Lightfoot Loses Re-Election Bid. She was officially elected to Ford's board in May and her exit from Rivian's board was in anticipation of that, a spokesman said. Reuters. Photo: Ford. While an announcement was never made, Ford executive Alexandra Ford English left the Rivian board in May according to documents Rivian made public on Oct. 1 ahead of its planned initial public offering. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The company, renamed Rivian, started with a small crew and an original plan to build a mid-engine hybrid sports car. Includes Ownership Percent, Buy versus Sell comparison, Put-Call ratio and more, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, S-1 Registration of Securities October 2021, Consolidated Balance Sheets (Parenthetical), Consolidated Statements Of Changes In Contingently Redeemable Convertible Preferred Stock And Stockholders??? The announcement is effective May 1 st, 2020. 2022 The Ford Motor Company | This site may contain links to external websites not affiliated with Ford Motor Company | Images, video and audio from this Web site are provided without login for the purpose of editorial use only. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Enter your email below and we'll send a link to help you access your account. Ford, which holds a stake greater than 5% in Rivian according to a filing with the U.S. Securities and Exchange Commission, had a seat on the Rivian board when it was a private company, but that would not continue as Rivian went public, Thibodeau said. A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. Prior to joining the corporate strategy team, she was a member of the Ford Autonomous Vehicle LLC team and a member of the City Solutions team. Ford's vested interest included initial plans to have Rivian make an electric SUV for the Lincoln brand. Heres the original story.). You can obtain Rivians investor relations material in the Investors section of our website. Get the latest business insights from Dun & Bradstreet. read more. ". Who are the members of Rivians Board of Directors? None of the information on this page has been provided or approved by Rivian. Find company research, competitor information, contact details & financial data for Rivian Automotive, Inc. of Irvine, CA. Rivian is based in Southern California with additional center of gravity offices in Northern California, Michigan, Arizona, Vancouver, the Netherlands and the United Kingdom. Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. Rivian has 48 current employee profiles, including Chief Executive Officer Robert J. Scaringe. 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However, just a few days ago, Ford executives scuttled a joint effort between Rivian and Lincoln to produce an EV for the companys luxury division due to the impact of the coronavirus. REGISTER HERE. Instructions on how to reset your password have been sent to the email you entered. That gave Rivian an opening day market value just shy of $100 billion, higher than General Motors or Ford which have revenue in the billions and sales in the millions. DEARBORN, Mich., May 1, 2020 - Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivian's board of directors effective immediately. As for who owns itRivian owns Rivian. High Resolution Photos Chief Executive Officer. On . Prior to Twitter, Anthony served for almost four years as co-head of global TMT investment . But within a couple years, that plan was shelved. No. She is responsible for the Dearborn-based automaker's enterprise strategy and connectivity . TO VIEW CONTACT DETAILS PLEASE Got a confidential news tip? Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. English currently serves as Ford Motor Company's director of Corporate Strategy. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. Rivian Announces $350 Million Investment from Cox Automotive - Cox Automotive Inc. Rivian today announced an equity investment of $350 million from global automotive services company Cox Automotive. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The vehicle with Rivian is in addition to Fords plan to develop a portfolio of battery electric vehicles as part of Fords previously announced $11 billion of EV investments.