Rivian partners with Samsung SDI in electric truck battery deal
American electric vehicle startup Rivian announced today that it had reached a successful deal with South Korea’s Samsung SDI Co Limited to supply battery cells for its R1T and R1S electric trucks.
American electric vehicle startup Rivian announced today that it had reached a successful deal with South Korea’s Samsung SDI Co Limited to supply battery cells for its R1T and R1S electric trucks.
“We’re excited about the performance and reliability of Samsung SDI battery cells combined with our energy-dense module and pack design,” said RJ Scaringe, chief executive officer of Rivian.
Samsung SDI currently has battery supply deals with BMW and Volkswagen, estimated to each be valued around $3-4 billion US over 10 years. The value and terms of the Rivian deal is undisclosed, and it is unclear whether the deal also includes batteries for the company’s electric delivery vans.
Rivian is planning to start production of its R1T and R1S models by mid-2021, and is backed by some big players, including the Ford Motor Company and Amazon.com Inc. The automaker recently announced a successful funding round led by T. Rowe Price, raising $2.65 billion US.
It’s obviously going to be a big year for Rivian, but it could get bigger; the company is likely planning an Initial Public Offering (IPO) later in 2021. Bloomberg reported in February that Rivian is in talks with banks.
A number of EV startups have made the leap to publicly traded companies recently via reverse mergers with shell companies known as special purpose acquisition companies (SPAC). These include Xpeng, Nikola Motors, Lordstown and Canoo. It’s also expected by some analysts that Lucid Motors will go down this route.
Jeep announces 4xe Charging Network to provide EV charging stations
Hot on the heels of Rivian’s announcement of the Rivian Adventure Network, Jeep has partnered with Electrify America to roll out level 2 EV charging stations at Jeep Badge of Honor off-road trailheads around the United States.
Hot on the heels of Rivian’s announcement of the Rivian Adventure Network, Jeep has partnered with Electrify America to roll out level 2 EV charging stations at Jeep Badge of Honor off-road trailheads around the United States.
The launch of these trailhead chargers coincide with the launch of the 2021 Jeep Wrangler 4xe plug-in hybrid model, and the company states that they will support future fully electric Jeep models. Jeep 4xe charging stations are initially scheduled to open this spring at three of the most-popular off-road sites and icons for the Jeep brand – Moab, Utah; the Rubicon Trail in Pollock Pines, California; and Big Bear, California.
“Electrification opens a new chapter in the Jeep brand story, and it brings an entirely new level of excitement and enjoyment for our enthusiastic owners,” said Christian Meunier, Jeep Brand Chief Executive Officer – Stellantis. “Key to making Jeep brand the greenest SUV brand is assuring our owners can enjoy the benefits of electric propulsion wherever they go, including the most iconic off-road trails in the country.”
Jeep is working with leading public charging network Electrify America to establish the trailhead charging sites and install the charging equipment. Jeep 4xe owners will be able to login to unlock free charging via a custom mobile app by Electrify America, which also allows drivers to initiate and monitor their charging session.
“It is our goal to provide electric vehicle drivers with the freedom to get to where they want to go – whether it be on a highway or off-road – and we look forward to bringing Jeep enthusiasts along on the journey,” said Giovanni Palazzo, president and chief executive officer of Electrify America. “Through the customizable electric vehicle charging offerings of our Electrify Commercial B2B brand, we were able to work with Jeep to identify where their drivers will need charging access most, and make it a reality.”
The Jeep 4xe Charging Network trailhead chargers will deliver Level 2 (240-volt) charging, meaning the 17 kilowatt-hour battery pack in the Jeep Wrangler 4xe can be fully recharged in about two hours, delivering up to 21 miles (33 km) of electric range.
The 4xe charging stations will be either directly connected to the power grid or use solar power to generate electricity, though the company has not stated exactly how much power will be generated by renewables.
We’re not certain how many hybrid Jeep owners would bother to plug in to charge while they’re off-roading or hiking, but it’s a small gesture towards Jeep’s—and Stellantis’—all electric future.
Rivian plans US EV charging network comprising private DC and public AC charging sites
Rivian has announced ambitions plans to rollout its Rivian Adventure Network, a charging network designed to help Rivian R1S and R1T customers get to and from outdoor adventure locations across the United States, including Alaska and Hawai’i.
Rivian has announced ambitions plans to rollout its Rivian Adventure Network, a electric vehicle charging network designed to help Rivian R1S and R1T customers get to and from outdoor adventure locations across the United States, including Alaska and Hawai’i.
Rivian is aiming to install 3,500+ DC fast chargers at 600+ sites by the end of 2023 along popular highway routes in the United States, for the exclusive use of its customers. In a move that mimics Tesla’s proprietary Supercharger network, the Rivian Adventure Network allows automatic charging without the need for access cards or payment devices, is powered by 100% renewable energy, and can theoretically charge at over 200kW.
In addition, Rivian plans to install over 10,0000 “Waypoint” Level 2 J1772-plug AC chargers at popular destinations like State and National Parks, shopping centres and restaurants. These chargers offer an 11.5kW charging speed, and will be open to non-Rivian EV owners.
Regarding the environmental impact of the power provided, Rivian states that “Through partnerships with electricity providers, we will use wind and solar wherever possible, as well as Renewable Energy Certificates to ensure your vehicle is powered with clean electricity.”
This week, the company announced that all 42 Colorado State Parks will feature two level 2 Rivian Waypoints each, with installation commencing in July. In-vehicle navigation will be able to route customers to the nearest Rivian Adventure Network charge point, and the Rivian app will provide real-time charging information.
The Launch Edition R1T, in Launch Green is expected to begin customer deliveries in the US by August 2021.
Road tests begin of Amazon's new electric delivery vehicle built by Rivian
Amazon.com Inc. has received its first batch of Rivian Automotive electric delivery vans, and has put them to work on the streets of Los Angeles as part of a test phase for the vehicle. Amazon has released the below promotional video to mark the occasion, and they claim that there will be 10,000 Amazon custom delivery vehicles on the road as early as 2022.
Amazon.com Inc. has received its first batch of Rivian Automotive electric delivery vans, and has put them to work on the streets of Los Angeles as part of a test phase for the vehicle. Amazon has released the below promotional video to mark the occasion, and the company claims that there will be 10,000 zero-emissions Amazon delivery vehicles on the road as early as 2022.
Based on Rivian’s customisable skateboard platform, the vans can drive up to 150 miles (240 kilometres) on a single charge, making them perfect for last-mile delivery routes.
As a bespoke project for Amazon, it is understood that the two companies worked closely together to create a product with not only industry leading safety and design features, but with state of the art technology to assist a delivery driver’s workflow.
There are Three levels of shelving with a bulkhead door, which can easily be opened and closed for additional driver protection while on the road. The trucks feature Alexa integration for hands-free access to route information, and exterior cameras around the vehicle to give the driver a 360-degree view outside the vehicle.
Unfortunately Amazon has not revealed any details about the battery system, drivetrain or other specifications.
Speaking with CNBC, Ross Rachey, director of Amazon’s global fleet and products, stated that the company is proud of its electrification effort, with thousands of electric vehicle chargers in the pipeline for its North American and European facilities.
In support of The Climate Pledge, Amazon plans to be net-zero carbon by 2040 and also plans to power all operations with 100% renewable energy by 2025. The company eventually plans to have 100,000 fully-electric delivery vehicles on the road, with a target date of 2030 previously discussed. According to Bloomberg, Amazon has around 30,000 last-mile delivery vans currently in operation in the United States.
Rivian announces new funding windfall; company valued at $27.6 billion
Rivian has raised USD$2.65 billion as it readies itself for production of the all-electric R1T pickup truck this July.
Rivian has raised USD$2.65 billion as it readies itself for production of the all-electric R1T pickup truck this July.
Spearheaded by funds and accounts advised by T. Rowe Price Associates Inc, investors included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue and D1 Capital Partners as well as “several other existing and new investors” according to Rivian.
Rivian has already raised close to $USD8 billion since early 2019, but as we all know, manufacturing a vehicle is not an inexpensive task. Rivian has spent almost $1 billion on the former Mitsubishi factory in Normal Illinois where it plans to commence manufacturing operations this year. The company plans to produce the R1T Pickup, R1S SUV as well as the Rivian/Amazon delivery van there.
Rivian CEO and founder RJ Scaringe said in a statement “The support and confidence of our investors enables us to remain focused on these launches while simultaneously scaling our business for our next stage of growth,”
According to Chicago Business, a person familiar with the workings of Rivian’s funding said that the company is presently worth around US$27.6 billion. Any suggestions that Rivian might be going public with an IPO sometime soon have been quashed by Scaringe, who stated in the video below that “the company is focused on the product and back-end operations for the next year”, indicating we’re unlikely to see an IPO in the shirt term.
Source: Rivian
Top 5 Battery Electric Vehicles to Look Forward to in 2021
For fans of the premium German automotive establishment, it would be hard to go past a svelte 4-door EV from Ingolstadt. Audi plays it safe with a traditional long hood, wide grille and aggressive vent design — one doesn’t want too many people to know one is driving an electric vehicle — but I’ll forgive these design features that serve very little practical function on an EV because of the wide hips, high-door line/low roof line and beautifully shaped rear.
It was difficult to narrow this list down to five vehicles; we would have liked to include many other makes in this list but have restricted it to our favourite vehicles that have a high probability of hitting the market in 2021. It’s going to be an exciting year for Electric Vehicles, with Tesla looking to move into the Indian Market, Volkswagen ramping up its ID.3 and ID.4 production, NIO entering the year with good cashflow and healthy sales, worldwide release of luxury models from Chinese automakers BYD and Xpeng, and more.
Here's the top 5 battery electric vehicles to look forward to in 2021:
5. Tesla Model Y
Tesla’s styling isn’t exactly scintilating, but it does age well, and is more a victim of its popularity than anything else. The Model Y has been on sale in the US since March 2020, and has proven popular with US consumers. It just hit the market in China as production began at Gigafactory Shanghai in December, and Tesla stores across the country have seen long lines to experience the vehicle.
The Model Y takes the Model 3’s formula, and elevates it — quite literally — to a new level. Consumer preferences have shifted toward SUVs, and globally sales of the jacked up vehicles make up over 50 per cent of the passenger car market.
It’s easy to see why the Model Y has been such a sales success; it’s $45,000 USD base price gives you a car with 483km (300mi) range, Tesla’s brilliant autopilot system, regular over the air updates, all the tech and gadgets consumers love from the brand, and the best fast charging network in the world.
The Model Y is sure to continue its sales success, as Europe, Australia and India await its introduction in 2021.
4. Audi E-Tron GT, E-Tron GT RS
For fans of the premium German automotive establishment, it would be hard to go past a svelte 4-door EV from Ingolstadt. Audi plays it safe with a traditional long hood, wide grille and aggressive vent design — one doesn’t want too many people to know one is driving an electric vehicle — but I’ll forgive these design features that serve very little practical function on an EV because of the wide hips, high-door line/low roof line and beautifully shaped rear.
The E-Tron and E-Tron RS are based on Porsche’s Taycan, but it’s expected that Audi will heavily re-engineer the platform for its own models, and that the Renn Sport version will have even more power than Porsche’s Taycan Turbo S. Audi’s press department promises up to 434 kW (590 hp) and a 0-100kmh (0-62mph) of 3.5 seconds, and an interior familiar to Audi owners, but dressed in sustainable materials and vegan ‘leather’.
The Volkswagen Audi Group is now quite experienced at producing EVs, with a number of popular models on sale. I am confident that the development of the E-Tron will be smooth for Audi, and that it will enter the market in late 2021, pending any (futher) catastrophic global events for the company or the world.
3. Rivian R1T, R1S
Surely Rivian is just another automaker startup with big dreams and impossible odds? Many back Rivian as the next Tesla in the marketplace for good reason; Chief Executive RJ Scaringe is an engineer who completed his training at MIT’s prestigious Sloan Automotive Lab, and plans for Rivian to design and build everything in house.
Rivian has received close to $3 billion in funding from the likes of Saudi-backed JIMCO, Cox Automotive, Ford and Amazon, and It’s R1T Pickup and R1S SUV plan to beat Tesla to the line of the popular — and profitable — global SUV and pickup truck market.
With in-house designed battery, platform, thermal system, drivetrain and software, Rivian will likely hold a similar competitive advantage to Tesla against manufacturers who simply outsource component design to third parties. Rivian is planning a range of battery sizes from 105kWh to a massive 180kWh, and up to 680km (400mi) range, but has yet to provide any range figures for a vehicle towing a large load. When you get to your remote campsite in a national park, how do you charge up? The company plans a high-speed charging network at popular camping, hiking and kayaking sites in parks around the US.
The R1T and R1S are handsome vehicles, and are sure to attract the EV buyer who finds Tesla’s Cybertruck a little ostentatious. The Launch Editions of the R1T and R1S start at $75,000 and $77,500 USD respectively, and include a 300mi range, quad-motor setup, a 5 ton (11,000lbs) towing capacity, the offroad package, 4x 110V and 3x12V outlets, and options that including a full camp kitchen that slides out of the side of the vehicle.
2. Lucid Air
Sure, the Audi E-Tron GT, Tesla Model S or Porsche Taycan will appeal to those who appreciate a tech-focused performance EV from an established name, but none can compete with the futuristic beauty of the Lucid Air. Designed by Derek Jenkins, formerly of Mazda, Volkswagen USA and Audi USA, the design language of the Air isn’t restrained by a family heritage or recognisable face that must be continued; it is fresh, premium and futuristic.
Lucid claims the most aerodynamic sedan on the market, with a drag coefficient of 0.22cd. The Air features a 34 inch 5k display cluster, up to 895kW (1,080hp) of.power in the Dream Edition, and Lucid DreamDrive, the company's autonomous driving system that utilises LiDAR, radar, ultrasonic sensors and multiple cameras.
Lucid signed a battery deal with Samsung in 2016, and in 2018 received $1 billion in funding for its new Californian factory from a Saudi Arabian investment fund, and is expected to begin deliveries of its Air Dream Edition mid-2021.
Rivian/Amazon Delivery Van
The only commercial vehicle on this list, and it takes top spot? Let us explain. The COVID-19 pandemic has changed the way we live and work, and its likely the majority of workers in the service sector/office environments will at least have the option to work from home even with the rollout of COVID-19 vaccines. With massive demand on postal and delivery services as consumers favour online shopping, It will be critical to minimise diesel particulates and emissions in our communities, and for transport companies to reduce fuel and maintenance costs. Amazon has already ordered 100,000 vans, in a bid to significantly reduce their carbon footprint by 2030.
Although specification details are limited at this stage, it’s expected that production of the bespoke delivery van will begin in late-2021 at Rivian’s Normal, Illinois factory. Reports in the press suggest the van may be based on a version of the ‘skateboard’ electric platform from the R1S/R1T, with a stretched wheelbase. Amazon has reported that the vehicle will feature Alexa voice control to assist drivers, as well AI controlled delivery routes to optimise efficiency and speed. While there are other exciting commercial EVs coming to market from companies like Arrival, Morris Commercial, Volvo and Daimler Trucks, Rivian’s promise is seen in the vote of confidence from Amazon, and the seed funding the company has received.
Rivian Reveals US-Market Pricing for R1T, R1S Electric Trucks
Rivian has just announced pricing, features and launch timings for it’s 2021 R1S SUV and R1T pickup. Both variants are expected to begin customer deliveries -in the US at least- by summer 2021…
Rivian has just announced pricing, features and launch timings for it’s 2021 R1S SUV and R1T pickup. Both variants are expected to begin customer deliveries -in the US at least- by summer 2021. Launch editions will come first, priced at $75,000 for the R1T pickup and $77,500 for the R1S SUV, and include special ‘Launch Green’ paint as an option, ‘launch edition’ interior badging, 20” all-terrain or 22” sport wheels, and priority delivery.
The entry-level R1T and R1S models are dubbed Expore, and start at $67,500 and $70,000 respectively. They feature the same 300+mile battery pack, vegan ‘leather’ seating, heated seats, recycled textile floor mats, a standard surround sound system, flexible seating with fold-flat seats, Driver+ autonomous functionality, and a panoramic glass roof.
Order holders will be able to access Rivian’s online configurator on November 16, with the site going live to the general public on November 23.
Source: Rivian
Rivian R1T Goes Offroad, Tests Real World Range
Rivian R1T prototypes have covered thousands of miles around the world testing, and production looks set to begin in June 2021. Reporter Emme Hall from Roadshow brings this story from the Californian desert, where Rivian invited journalists on a 5-day offroading adventure.
Rivian R1T prototypes have covered thousands of miles around the world testing, and production looks set to begin in June 2021. Reporter Emme Hall from Roadshow brings this story from the Californian desert, where Rivian invited journalists on a 5-day offroading adventure.
The test vehicle featured the 135kWh battery, which has a claimed range of 300 miles (644km) but understandably, when running on soft ground, laden with 600 pounds of people and equipement, that quickly drops and Hall estimated the R1T achieved 137 miles of range.
With 826lb-ft (1120Nm) of torque, the R1T is a performance beast, but it also works wonders off road. Hall states “The R1T might not have locking differentials, a two-speed transfer case or any kind of tough-guy wizardry you'd associate with off-road prowess, but none of that matters when you've got an absolute ton of torque. I can slowly pick my line up a steep, rocky hill, never worrying about keeping momentum. The sophisticated traction control system moves the torque where it's needed most, and before I know it, the R1T hits the top of a peak while the Jeeps behind me are still switching into low gear.”
Read more below:
Source: Cnet Roadshow