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FX.co ★ Tesla’s rival Rivian to sell electric cars in Europe

Tesla’s rival Rivian to sell electric cars in Europe

Tesla’s rival Rivian to sell electric cars in Europe

Electric vehicle startup Rivian announced its plans to launch the delivery of its innovative electric pickups and SUVs to Europe. At the moment, the company’s products are in the process of mass production. Analysts have already labeled Rivian as Tesla’s major rival pointing out that it is highly competitive. Rivian founder and Chief Executive Robert Scaringe said the company is planning to enter the European and Chinese markets as soon as 2022. He is sure that the new models of electric vehicles will conquer the global market. Besides, the startup is going to produce a smaller EV model in addition to its R1T pickup and R1S SUV. Rivian’s mini models will be built based on the same platform version used by the R1T and R1S. This will simplify their production and will be less time-consuming. Rivian is a privately-held American automaker founded by engineer R.J. Scaringe in 2009. The startup aims at producing self-driving vehicles. In just a few years, Rivian has managed to attract billion-dollar investments from such giants as Ford and Amazon. The company developed the concept of its electric pickup truck R1T and the RS1 SUV from scratch and set up a factory for their mass production. Rivian will launch its first vehicles in the US in mid-2021.


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