Rivian Automotive

Rivian, the US electric passenger truck startup, has had a rollercoaster ride over the past several months, including a wild IPO that briefly saw Rivian become the fourth most valuable automaker in the world. Yet, the share price soon fell as Rivian missed delivery targets (delivering just 920 vehicles in 2021); investor Amazon turned to Stellantis. IDTechEx explores the company's strengths, weaknesses and future.

Rivian is an American automaker and automotive technology company with over 1000 staff. Founded in 2009, the company develops vehicles, products and services related to sustainable transportation.

Whilst the automotive startup landscape is a challenging one, EV startups may benefit from being able to begin with a clean slate, without the legacy of an ICE based history hindering their efforts. This deck presents short profiles for six EV startups founded in either the US or Europe.