Rivian Adventure Network Fast Charging Launches in Colorado, California

Rhea-AI Summary

Rivian has opened its first three fast charging sites in Colorado and California as part of its Rivian Adventure Network. These Level 3 DC fast chargers can deliver over 200 kilowatts of power, allowing drivers to add up to 140 miles of range in 20 minutes. The sites include Salida, Colorado, and two locations in California, Inyokern and Bishop, enhancing access to popular natural destinations. Rivian's commitment to sustainability is reflected in its use of 100% renewable energy for these chargers, with plans to deploy 3,500 fast chargers across North America.

Positive

• Opened three fast charging sites in Colorado and California, enhancing infrastructure for electric vehicle users.
• Each fast charger can deliver over 200 kilowatts, providing up to 140 miles of range in 20 minutes.
• Commits to 100% renewable energy for all charging sites, supporting environmental sustainability.

Negative

• None.

IRVINE, Calif.--(BUSINESS WIRE)-- 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 rivian.com.

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Investor Contact

Tim Bei

ir@rivian.com

Media Contact

Amy Mast

media@rivian.com

Source: Rivian

FAQ

When did Rivian open its fast charging sites?

Rivian opened its fast charging sites on June 27, 2022, in Salida, Colorado, with additional sites opening on June 28 and 29 in California.

What locations are included in Rivian's Adventure Network?

The initial sites are in Salida, Colorado, and Inyokern and Bishop, California.

What is the charging capacity of Rivian's fast chargers?

The Level 3 DC fast chargers provide over 200 kilowatts of power, allowing for 140 miles of range in about 20 minutes.

How many fast charging sites does Rivian plan to open?

Rivian plans to deploy 3,500 fast chargers at 600 locations across North America.

What sustainability initiatives does Rivian have for its charging network?

Rivian matches the energy used at charging sites with 100% renewable energy and promotes a cleaner grid.