At present marks the start of the brand new regular in Regular, Unwell., as the primary manufacturing Rivian R1T electrical pickup — that means the primary truck for business sale to a buyer — rolled off the road at Rivian’s manufacturing unit.

Rivian CEO RJ Scaringe tweeted pictures of the truck, completed up in namesake Rivian Blue and surrounded by cheering crowds of manufacturing unit employees and their households.

 

The accomplishment comes lower than three years after Rivian got here out of obscurity and burst on the scene on the 2018 Los Angeles Auto Present. Since then, the corporate has come a good distance — constructing out the previous Mitsubishi plant in Regular, acquiring billions of {dollars} in backing from Amazon and Ford, and incomes EPA vary estimates of 314 miles for the R1T and 316 for the upcoming R1S utility automobile utilizing their preliminary midsize battery packs.  

For Rivian’s subsequent act, it plans an preliminary public providing of inventory earlier than the top of the yr during which it may search a valuation of between $50 billion and $70 billion.

However for now, that first truck’s on the market, and the pictures present a protracted line of pickups able to comply with.

https://www.autoblog.com/2021/09/14/rivian-r1t-first-customer-truck-assembly-line/