Rivian is launching fleet sales of its once-exclusive van that was only available to Amazon.
On Monday, Rivian officially opened up its order books for any company aiming to purchase the van for a fleet. Currently, this is the only way to place an order for the Rivian Commercial Van (RCV), which differs in a few ways from Rivian’s EDV, which was an Amazon exclusive.
Tom Soloman, Senior Director of Business Development for Rivian, said:
“Through existing partnerships, our commercial vans have already proved incredibly successful. Amazon currently has more than 20,000 in its fleet and delivered over a billion packages from its Electric Delivery Vans in 2024 alone. Over the last year we have been focusing our efforts on testing with some larger fleets, and we’re really pleased with how those trials have gone. As a result, we’re excited to now be able to open sales to fleets of all sizes in the U.S., whether they want one van or thousands. Our vehicles are designed to not only be among the safest on the road but will also help fleet owners to reduce the cost of fleet ownership and their carbon footprint.”
Rivian RCV Models
Rivian is launching two models of the RCV: the Delivery 500 and Delivery 700. The 500 is more compact than the 700 but offers one more mile of range than its larger sibling. Don’t be too impressed, though, because it only is able to travel 161 and 160 miles on a full charge, respectively.
These range ratings are powered by a 100 kWh Lithium Iron Phosphate (LFP) battery pack that is capable of charging speeds of up to 100 kW.
Fast charging is not necessarily needed with these vehicles because, in a fleet setting, they’ll likely be sitting for some period of time hooked up to chargers, giving a full battery to whoever uses them at the beginning of a trip.
Rivian RCV 500 Dimensions:
- Length – 248.5″
- Width – 96.4″ (including mirrors)
- Height – 114.7″
- 6.7″ of ground clearance
- 487 cu. ft. of cargo area
- 137.3″ of cargo length
- Up to 76.5″ of wall-to-wall cargo area
Rivian RCV 700 Dimensions:
- Length – 278″
- Width – 103.5″ (including mirrors)
- Height – 114.8″
- 6.9″ of ground clearance
- 652 cu. ft. of cargo area
- 166.8″ of cargo length
- Up to 83.6″ of wall-to-wall cargo area
Rivian RCV Safety Features
Rivian’s focus on safety was still a main point of emphasis with the RCV. It features all of your typical Driver Assistance and Safety Features that Rivian includes with other vehicles, with a few extras that fit the typical bill of a cargo van:
- Adaptive Cruise Control
- Blind Spot Warning
- Speed Limit Information Function
- Lane Keep Assist
- Lane Departure Warning
- High Beam Assist
- Back-Up Warning System
- Surround Park Assist
- Bird’s Eye Surround Camera
- Enhanced Reverse View
- Automatic Emergency Braking
- Forward Collision Warning
- Rear Cross Traffic Warning
- Dynamic Braking Support
It also features Rivian’s “Driver+” system, which includes a variety of radars, cameras, and sensors to improve safety:
- Five Radars – 1 Center Front Forward, 4 Corners
- Eight Cameras – 2 Center Front Windshield Forward, 2 Side Mirror Backward, 2 Rooftop, 1 Rear Surround View, 1 Interior
- 12 Ultrasonic Sensors
Rivian RCV Driver Features
In an effort to keep drivers focused on the road, comfortable throughout their workday, and safe, Rivian included a variety of features with the RCV.
- Easily Accessible Buttons – All controls are accessible from the steering wheel while driving
- Large, comfortable driver seat
- 15.4″ Center Display – One of the largest of any light-duty commercial vehicle
- Two Wireless Charging Pads
Rivian RCV Pricing
The Rivian RCV starts at $79,900, and fleet orders can be submitted to Rivian directly on their website.
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Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
News
Tesla FSD (Supervised) is about to go on “widespread” release
In a comment last October, Elon Musk stated that FSD V14.2 is “for widespread use.”
Tesla has begun rolling out Full Self-Driving (Supervised) V14.2, and with this, the wide release of the system could very well begin.
The update introduces a new high-resolution vision encoder, expanded emergency-vehicle handling, smarter routing, new parking options, and more refined driving behavior, among other improvements.
FSD V14.2 improvements
FSD (Supervised) V14.2’s release notes highlight a fully upgraded neural-network vision encoder capable of reading higher-resolution features, giving the system improved awareness of emergency vehicles, road obstacles, and even human gestures. Tesla also expanded its emergency-vehicle protocols, adding controlled pull-overs and yielding behavior for police cars, fire trucks, and ambulances, among others.
A deeper integration of navigation and routing into the vision network now allows the system to respond to blocked roads or detours in real time. The update also enhances decision-making in several complex scenarios, including unprotected turns, lane changes, vehicle cut-ins, and interactions with school buses. All in all, these improvements should help FSD (Supervised) V14.2 perform in a very smooth and comfortable manner.
Elon Musk’s predicted wide release
The significance of V14.2 grows when paired with Elon Musk’s comments from October. While responding to FSD tester AI DRIVR, who praised V14.1.2 for fixing “95% of indecisive lane changes and braking” and who noted that it was time for FSD to go on wide release, Musk stated that “14.2 for widespread use.”
FSD V14 has so far received a substantial amount of positive reviews from Tesla owners, many of whom have stated that the system now drives better than some human drivers as it is confident, cautious, and considerate at the same time. With V14.2 now rolling out, it remains to be seen if the update also makes it to the company’s wide FSD fleet, which is still populated by a large number of HW3 vehicles.
Tesla analyst maintains $500 PT, says FSD drives better than humans now
SpaceX Starship Version 3 booster crumples in early testing
