The Next Tesla? Investors Bet Big on Electric Truck Maker Rivian

The Next Tesla? Investors Bet Big on Electric Truck Maker Rivian

The New York Times-Tech·2021-01-20 06:02

PLYMOUTH, Mich. — It’s hard to imagine any company matching Tesla’s rocketlike rise. But if any electric car start-up could aspire to be the “next Tesla,” it would be Rivian.

Founded in 2009, Rivian is preparing to produce an electric pickup truck and a sport utility vehicle. Both models are supposed to be on the road by the summer and will be made in a former Mitsubishi plant in Illinois. Rivian is also developing electric delivery trucks for Amazon.

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