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Rivian shows off new details at NY Auto Show before heading home

[Image: Dacia J. Ferris/Teslarati]

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Rivian has been on a promotional whirlwind since the company came out of the shadows last year at the 2018 LA Auto Show, and with it, the all-electric adventure company’s attendance at the New York International Auto Show this year has now generated quite a few more vehicle detail revelations from interviews posted online by show attendees.

Brian Gase, Rivian’s Chief Engineer of Special Projects, appeared in a number of videos describing features of the R1T truck and R1S SUV that are unique and otherwise not commonly known about the vehicles.

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First, the number of storage compartments were one of the smaller details that stood out. In the R1T, the back passenger seats have bins underneath the cushions, and both vehicles have sliding bins underneath the driver and shotgun seats. A full size spare tire is in the R1T bed and can be removed for even more storage if needed, but to save space for storage and its usable third row seating, the R1S has an inflatable spare tire under the trunk floor.

Rivian’s plans for interior color options were also mentioned, and there are three: Forest Edge (the green inside the demo R1T), Lunar Rock (the grey inside the demo R1S), and black. Additional premium options will be offered for interior fabrics which are already a blend of traditional materials and the types of fabrics you’d find in durable outerwear. The cabins also feature quad-zone climate control.

On the performance side, 170 kW of independent power is provided to each wheel which also provides for torque vectoring. The approximately 750-800 total horsepower in each vehicle works out to about 180 hp per wheel from each of the four motors.

Rivian’s high density battery pack, complete with a thermal control system that adapts according to charging and driving behavior, then powers the whole package. A giant battery might not seem like it would be a great choice for four-wheel adventures, but Rivian has tightly encased its vehicles’ power supply using advanced materials science to be capable of wading up to three feet of water. Since there’s no engine requiring air, only buoyancy prevents a deeper crawl.

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Progress in the automotive self-driving arena is moving fast, and Rivian has already integrated that reality into the R1T and R1S designs. The camera and radar hardware on production vehicles will be capable of Level 3 autonomous driving that’s upgradable via over-the-air software updates. Rivian’s initial vehicles will ship with Level 2 capabilities and use data accumulated from its customers’ driving sent to the cloud to develop its Level 3 transition, very similar to Tesla’s strategy. Previously, Rivian has additionally suggested Jurassic Park-style autonomous tours might be available for owners wanting a guided, real-world adventure experience.

Rivian has several test mules on the road using F-150 bodies, but only one production design model of each car has been made to be used at shows and in videos.

Finally, you might know that Rivian was founded in 2009 by CEO RJ Scaringe, an MIT graduate (he holds an MS and PhD in mechanical engineering), but it seems lesser known how his personal life story is imprinted right in the company’s name. Scaringe grew up near the Indian River region of Florida, and that’s where the Rivian name is derived (RIV(er)-(Ind)IAN).

Rivian R1T truck at the NY Auto Show 2019. | Image: Dacia J. Ferris/Teslarati

BACK TO BASICS

All of those tidbits will now join the overall more well known features driving the appeal of Rivian’s R1T truck and R1S SUV. A recap of the basics may put them into a better perspective still.

On battery packs, Rivian’s focus on outdoor adventure means that decent battery capacity and range are key components if their product ideas are to be successful, and their much-touted 180 kWh battery “megapack” boasting a 400+ mile range seems to fit that bill. The mid-range 135 kWh pack claiming a 300 mile range is also decent for well-planned routes, and it just so happens to have a fun number of 2170 battery cells – 7,777 exactly if you count the battery inside the in-door flashlight. The 135 kWh battery pack vehicles are also the versions that will do 0-60 mph in 3 seconds, although all versions are speed limited to 125 mph. A lower end 105 kWh pack with a 230 mile range will be produced last, per the usual new EV strategy of offering premium cars before more affordable variations.

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The first R1S and R1T deliveries are set for the end of 2020, and Rivian is currently taking preorder deposits to reserve their upcoming vehicles. Purchase prices will start at $69,000 for the R1T and $72,500 for the R1S before tax incentives.

Aside from being first to unveil a near-production all-electric pickup truck, two other features in Rivian’s electric cars have stood out. First, the quad-motor “skateboard” chassis that forms the base of current and future vehicles centralizes and simplifies Rivian’s innovations into a flexible electric car platform for its future product lines. This feature has also drawn interest from big-name partners like GM and Ford, the latter having just signed a $500 million deal with Rivian to use its tech to develop their first all-electric vehicle.

A somewhat new tidbit about the skateboard platform is the size difference between the R1S version and the R1T version. The R1S chassis is 375 mm shorter than the R1T to boost its off-road capabilities. Both vehicles’ towing capacity is around 11,000 pounds.

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The second well-known feature about Rivian’s two outdoor-purposed vehicles is the amount of storage space incorporated into the designs. The frunks are spacious with a 330 mL capacity, and the R1T truck has what they call a ‘gear tunnel’, which is essentially a large cargo space tunneled through the lower middle of the truck’s cab. It looks to have the makings of the next social media photo craze, but that’s obviously speculation.

Both the frunk and tailgates have powered open and close functions for ease of use, the tailgate opening a full 180 degrees, and the bed has a powered built-in tonneau cover strong enough to support loading. Also included in the truck bed are 110V power outlets, onboard air, lights to illuminate the bed, and a gear cable that’s electronically connected to the vehicle. If the cable is cut or disconnected for any reason, the owner receives a notification on their Rivian app.

Other details to mention are the electrochromatic glass roof built into both the R1T and R1S that can change color on demand, specifically in response to outside weather and light conditions, and the daytime running lights that also act as turn signals and charging status indicator lights. A charging status indicator is also in the back of the vehicles.

The last major Rivian feature to mention is the adaptable air suspension. Both vehicles’ ride height can be easily raised or lowered depending on road conditions to adjust comfort and handling characteristics. There’s even a ‘kneel’ mode to ease vehicle entry and exit.

STILL TO COME

Rivian’s R1T truck and R1S SUV already have enough innovative details to drive their consumer appeal as-is, but the company has even more developments going on in the background. Recently published patent applications have revealed a modular system for swapping out vehicle components based on activity need and a digital jerry can to extend the battery range even further for longer trips away from a charging network.

Additionally, trademark applications filed with the US Patent and Trademark Office have teased several other products in the works with names like 1C, 1A, and 2R. An interview with RJ Scaringe published by Bloomberg confirmed that Rivian is indeed working on six other products.

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Details surrounding Rivian’s plans for a service network are still slim despite the abundance of other important information about the Michigan-based company. The R1S and R1T vehicles will use CCS charging ports, but whether a charging partnership or a home-grown effort is planned remains to be seen.

A NY International Auto Show attendee recently posted on Reddit details gathered from speaking with Rivian’s team, including Scaringe, and indications were made that the company is interested in using Tesla’s Superchargers, although they’ve had some difficulties with the effort. A potential roadshow tour offering test drives was also mentioned.

A couple of the Rivian video interviews can be watched below:

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Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.

CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.

Musk said:

“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”

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Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”

He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”

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Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.

The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.

Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”

Tesla alleged “driverless” crash in Texas: What is known so far

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“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.

This appears to be a similar situation. However, an investigation will prove what happened for sure.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.

The company announced an offering of senior unsecured notes expected to raise at least $20 billion.

The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.

According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.

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The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.

SpaceX officially acquires xAI, merging rockets with AI expertise

In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.

The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.

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SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.

Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

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Elon Musk

SpaceX confirms third massive compute deal at Colossus data center

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Credit: xAI Memphis

SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.

Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.

CNBC first reported the deal.

This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.

SpaceX has previously signed significant compute deals with other major players.

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It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.

Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.

SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.

SpaceX makes first acquisition post-IPO

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These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.

Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.

The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.

For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.

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