Rivian Wins Race to First EV Pickup Beating Tesla, GM, and Ford

September 14, 2021 5:18 PM EDT

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EV start-up, Rivian announced Tuesday that the company has brought the first electric pickup truck to the consumer market, beating Tesla (NASDAQ: TSLA), General Motors (NYSE: GM), Ford (NYSE: F), and others.

Rivian founder and CEO RJ Scaringe on Tuesday tweeted that the company’s first R1T pickup for a customer drove off the assembly line this morning at its plant in Normal, Ill.

“After months of building pre-production vehicles, this morning our first customer vehicle drove off our production line in Normal! Our team’s collective efforts have made this moment possible,” he said. “Can’t wait to get these into the hands of our customers!”

A Rivian spokeswoman confirmed to CNBC that the vehicles being produced are saleable. The company is expected to be the first of a handful of automakers to produce an electric pickup by next year. GM is expected to be next this fall with the GMC Hummer EV pickup.

By Michael Elkins | Michael.Elkins@streetinsider.com

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