Rivian Automotive

Rivian is trying to do what almost no startup has managed: build a car company from scratch and survive. It makes electric trucks and SUVs on a modular skateboard platform that packs the battery and drive units into the floor, an approach flexible enough to underpin several models and even to license to others. Its R1T pickup and R1S SUV target the adventure end of the market, and it builds electric delivery vans in a program tied closely to Amazon, an early investor and major customer. Founded in 2009 and based in Irvine, California, Rivian burns cash as it scales manufacturing, so the stock trades on production numbers, gross-margin progress and how long its funding lasts. A partnership with Volkswagen to share its software and electrical architecture gave it both money and validation. It remains a high-risk bet on execution in a brutal industry.

On MyRWA, RIVN trades tokenized across 18 on-chain venues - see the listings below.