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Rivian Automotive
Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company founded in 2009. Rivian is building an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. An electric delivery van is also being built as part of a partnership with Amazon. Rivian started deliveries of its R1T pickup truck in late 2021. The company plans to build an exclusive charging network in the United States and Canada by the end of 2023. Rivian is based in Irvine, California, with its manufacturing plant in Normal, Illinois, and other facilities in Palo Alto, California; Carson, California; Plymouth, Michigan; Vancouver, British Columbia; Wittmann, Arizona; and Woking, England. Additionally, Rivian has plans to build another US$5 billion factory in Georgia. The company raised over US$13.5 billion in financing following its IPO in November 2021. Back History ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Delivery Van
A panel van, also known as a blind van, car-derived van (United Kingdom) or sedan delivery (United States), is a small cargo vehicle with a passenger car chassis, typically with a single front bench seat and no side windows behind the B-pillar. Panel vans are smaller than panel trucks or cargo vans, both of which use body-on-frame truck chassis. As they are derived from passenger cars, the development of panel vans is typically closely linked with the passenger car models upon which they depend. North American panel vans were initially based upon the two-door station wagon models, while Europe's narrower roads dictated that panel vans utilize the smaller donor chassis of subcompact cars in that market. In Australia, panel vans were a development of the ute, a small pickup truck based on a passenger car chassis, e.g. Holden Ute, often using the longer wheelbase of a station wagon chassis. Origins Panel vans were a well-established body type by the end of the 1920s. Panel v ...
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The New Yorker
''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues covering two-week spans. Although its reviews and events listings often focus on the Culture of New York City, cultural life of New York City, ''The New Yorker'' has a wide audience outside New York and is read internationally. It is well known for its illustrated and often topical covers, its commentaries on popular culture and eccentric American culture, its attention to modern fiction by the inclusion of Short story, short stories and literary reviews, its rigorous Fact-checking, fact checking and copy editing, its journalism on politics and social issues, and its single-panel cartoons sprinkled throughout each issue. Overview and history ''The New Yorker'' was founded by Harold Ross and his wife Jane Grant, a ''The New York Times, N ...
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Indian River (Florida)
The Indian River is a long brackish lagoon in Florida. It is part of the Indian River Lagoon system, which in turn forms part of the Atlantic Intracoastal Waterway. It was originally named ''Rio de Ais'' after the Ais Indian tribe, who lived along the east coast of Florida, but was later given its current name. The Indian River extends southward from the Ponce de Leon inlet in New Smyrna Beach in Volusia County southward and across the Haulover Canal and along the western shore of Merritt Island. The Banana River flows into the Indian River on the island's south side. The Indian River continues southward to St. Lucie Inlet. At certain seasons of the year, bridges have tended to impede the flow of gracilaria (a red algae), resulting in an odor of hydrogen sulfide in the area. Tributaries and estuaries Tributaries of the Indian River include the Merritt Island Barge Canal (man-made), the C-54 Canal (man-made), Crane Creek, the Eau Gallie River, Horse Creek, Mullet Creek, St ...
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Robert "RJ" Scaringe
Robert "RJ" Scaringe (born January 19, 1983) is an American entrepreneur and engineer, the founder and CEO of electric vehicle manufacturer Rivian. Scaringe's net worth is estimated at US$1.7 billion as of December 2021. Early life and education Robert Joseph Scaringe was born on January 19, 1983. His father, also named Robert Scaringe, is an engineer and founder of Mainstream Engineering Corporation. Scaringe grew up a car enthusiast, restoring them in his neighbor's garage. After learning of the great negative environmental effects of cars, however, he decided to focus his life on creating a more sustainable and environmentally friendly transportation system. Scaringe grew up in Melbourne, Florida. He attended Melbourne Central Catholic High School. Scaringe received his bachelor's degree in mechanical engineering from Rensselaer Polytechnic Institute. He then received a master's degree in mechanical engineering at the Massachusetts Institute of Technology (MIT) and went ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Georgia (U
Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the country in the Caucasus ** Kingdom of Georgia, a medieval kingdom ** Georgia within the Russian Empire ** Democratic Republic of Georgia, established following the Russian Revolution ** Georgian Soviet Socialist Republic, a constituent of the Soviet Union * Related to the US state ** Province of Georgia, one of the thirteen American colonies established by Great Britain in what became the United States ** Georgia in the American Civil War, the State of Georgia within the Confederate States of America. Other places * 359 Georgia, an asteroid * New Georgia, Solomon Islands * South Georgia and the South Sandwich Islands Canada * Georgia Street, in Vancouver, British Columbia, Canada * Strait of Georgia, British Columbia, Canada United K ...
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Woking
Woking ( ) is a town and borough status in the United Kingdom, borough in northwest Surrey, England, around from central London. It appears in Domesday Book as ''Wochinges'' and its name probably derives from that of a Anglo-Saxon settlement of Britain, Saxon landowner. The earliest evidence of human activity is from the Paleolithic, but the low fertility of the sandy, local soils meant that the area was the least populated part of the county in 1086. Between the mid-17th and mid-19th centuries, new transport links were constructed, including the Wey and Godalming Navigations, Wey Navigation, Basingstoke Canal and South West Main Line, London to Southampton railway line. The modern town was established in the mid-1860s, as the London Necropolis Company began to sell surplus land surrounding Woking railway station, the railway station for home construction, development. Modern local government in Woking began with the creation of the Woking Local Board of Health, Local Board in ...
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Wittmann, Arizona
Wittmann is an unincorporated community and census-designated place (CDP) in Maricopa County, Arizona, United States. As of the 2020 census, it had a population of 684, down from 763 in 2010. It is located along U.S. Route 60 in the central part of Arizona, northwest of central Phoenix, and is part of the Phoenix metropolitan area, although just outside the urban portion. A variant name was "Nadaburg"; the present name is for Joseph Wittmann and his wife Eleanor van Beuren Wittmann, a couple who attempted several times to get approvals to build a dam project in nearby Box Canyon that would have benefitted the town. This was to be a successor to the poorly engineered Walnut Grove dam that had collapsed in February 1890, less than two years after it had filled. Eleanor van Beuren's father was the nominal head of a group of East Coast investors that had funded what was then primarily a placer mining project. One of the Walnut Grove Water Storage Company's engineers (not responsibl ...
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Vancouver, British Columbia
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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Plymouth, Michigan
Plymouth is a city in Wayne County, Michigan, United States. The population was 9,370 at the 2020 census. The city of Plymouth is surrounded by Plymouth Township, but the two are administered autonomously. Plymouth is a western suburb of Metro Detroit and is located about west of the city of Detroit. Geography According to the United States Census Bureau, the city has a total area of , of which is land and is water. It is located east of Ann Arbor and west of Detroit, just south of the M-14 highway and west of Interstate 275. Culture The City of Plymouth has a variety of shops and restaurants surrounding Kellogg Park, the de facto center of town. The Inn at St. John's, a hotel conference center and golf resort, is located in Plymouth. The city offers more than fifty recreation programs for all age groups, an NHL-size ice arena (used by the USA national teams for training) and twelve parks. It also organizes major community events such as the popular Fall Festival, Ice Sc ...
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Carson, California
Carson is a city in Los Angeles County, California, United States, in the South Bay region of Los Angeles, located south of downtown Los Angeles and approximately away from Los Angeles International Airport. Incorporated on February 20, 1968, Carson is the newest municipality in the South Bay region of Metropolitan Los Angeles. The city is locally known for its plurality of Filipino-Americans and immigrants. As of 2019, it was estimated that the city had a population of 91,394. History The year 1921 marked the first drilling for oil at Dominguez Hill, on the northwest side of the Rancho San Pedro (also called Rancho Domínguez), site of the famous battle during the Mexican–American War called the Battle of Rancho Domínguez in 1846. The mineral rights to this property were owned by Carson Estate Company, the Hellman Family, the Dominguez Estate Company, and the Burnham Exploration Company of Frederick Russell Burnham. On September 7, 1923, Burnham Exploration partneri ...
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