RIVN RIVIAN AUTOMOTIVE INC

Rivian Adventure Network Fast Charging Launches in Colorado, California

Rivian opens three fast charging sites this week in Colorado and California, the first deployments in its nationwide Rivian Adventure Network. These “Level 3” DC fast charging sites will initially provide over 200 kilowatts of power, allowing Rivian drivers to add as much as 140 miles of range in just 20 minutes and creating new opportunities for sustainable adventure far from home.

The first Rivian Adventure Network site in Salida, Colorado opened to the public on Monday, June 27 with four chargers, including a pull-through charger to accommodate vehicles towing trailers. The site also hosts four “Level 2” Rivian Waypoints chargers, which are available for use by any EV – not just Rivian vehicles – through the Rivian smartphone app. Thanks to its natural beauty and abundant nearby recreational opportunities, Salida is an ideal location for Rivian’s first fast charging site. The second and third Adventure Network sites in Inyokern and Bishop, California, will open on June 28 and 29. These California sites support frequently visited areas like Yosemite National Park, Sequoia National Forest, Mammoth Lakes, and Death Valley National Park.

“We designed Rivian charging to support electrified adventure, and these first sites demonstrate how we’re enabling drivers to responsibly reach some of the nation’s most breathtaking natural spaces,” said Trent Warnke, Rivian’s Senior Director of Energy and Charging Solutions. “In addition to scenic or off-the-beaten-path destinations, our fast charging rollout is designed to ensure travelers have places to charge along major transportation corridors coast to coast.”

Recognizing that vehicle electrification is only one step in reducing environmental impact, Rivian is matching charging on Rivian Adventure Network and Waypoints chargers with 100% renewable energy on an annual basis. Rivian is engaging directly with clean energy developers and operators to promote tangible contributions to a cleaner grid when drivers plug in. To support this initiative, Rivian is building a portfolio of high-impact renewable projects around the country that balance technologies, location, and energy solutions. Integrating these solutions into a company-wide sustainability strategy is a foundational step on our path toward net-zero carbon emissions.

Rivian will continue opening Rivian Adventure Network sites with an initial goal of 3,500 fast chargers at 600 sites across North America.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the expansion of the Rivian Adventure Network. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “forecasts,” “predicts,” “potential,” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements use these words or expressions. These forward-looking statements speak only as of the date when made, and we undertake no obligation to publicly update or revise any forward-looking statements after the date of this press release, except as required by applicable law. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. A discussion of these risks and uncertainties is contained in our filings with the Securities and Exchange Commission.

About Rivian

Rivian exists to create products and services that help our planet transition to carbon neutral energy and transportation. Rivian designs, develops, and manufactures category-defining electric vehicles and accessories and sells them directly to customers in the consumer and commercial markets. Rivian complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships. Learn more about the company, products, and careers at .

EN
27/06/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on RIVIAN AUTOMOTIVE INC

Anish Jog ... (+4)
  • Anish Jog
  • Daniel Ives
  • Sam Brandeis
  • Steven Wahrhaftig

Good Results and Better Guidance Amid the EV Storm; R2 Ramp Crucial

A Closer Look at FY4Q25 (December) ResultsKey MeasuresTotal revenues came in at $1.286 billion slightly above the Street’s expectation of $1.278 billion due to a $1,500 improvement in ASP following the launch of the company's second-generation R1-quad models and a higher mix of R1 units.Software an

Anish Jog ... (+4)
  • Anish Jog
  • Daniel Ives
  • Sam Brandeis
  • Steven Wahrhaftig

ResearchPool Subscriptions

Get the most out of your insights

Get in touch