Rivian Automotive, Inc. designs, develops and manufactures electric vehicles and accessories. It sells its vehicles directly to customers in the consumer and commercial markets. The Company’s R1 platform offers the first-generation consumer vehicles: the R1T, a two-row five-passenger pickup truck, and the R1S, a three-row seven-passenger sport utility vehicle (SUV). In the commercial market, the Company offers Rivian Commercial Vehicle (RCV) platform. The Company’s vehicle on this platform is Electric Delivery Van (EDV), designed and engineered by Rivian in collaboration with Amazon. It also offers a variety of services, including financing and insurance, vehicle maintenance and repair, charging and FleetOS solutions. Its FleetOS unifies full fleet telematics, charging, maintenance, purchasing and resale into a single platform. It also offers A Better Routeplanner (ABRP) app, which offers electric vehicle (EV) trip planning and has a community of EV drivers in North America and Europe.
During the most recent quarter, 58K shares were sold in insider trading.
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