Rivian has created the “Forever” fund to support environmental and ecological initiatives that make it possible to reduce the effects of climate change , according to reports Autoweek . The celebrated emerging company will allocate 1% of all its capital to this new project that also supports its nature as a company that creates zero-emission vehicles. The news was given by the CEO, RJ Scaringe, through a statement published on the brand’s official site where some details are offered:
“To build the kind of future our children and our children’s children deserve, extraordinary steps must be taken to stop the carbonization of our atmosphere and preserve our natural ecosystems. This requires individuals and entire industries to come together in ways never seen before to transition the world to sustainable energy. To extend our impact beyond the products we make and the associated competition we want to inspire, we are establishing Forever. Its philanthropic mission is dedicated to addressing our planet’s climate crisis and preserving the critical biodiversity necessary for its long-term survival. ”
We are putting 1% of Rivian’s equity into Forever, providing it with the financial platform to focus on high impact climate initiatives with an emphasis on preserving and restoring wildlands, waterways and oceans. Read more at https://t.co/MEzvQ4LYVy . pic.twitter.com/DYEzEzvwLk
— RJ Scaringe (@RJScaringe) October 1, 2021
In addition to being at the forefront of this project that guarantees a sustainable future, Rivian has been greatly favored, reaching a Privileged status among emerging companies in the sector thanks to the investment of companies such as Amazon and Ford , two solid companies that have relied on their technology. This good run has allowed it to start production of its first two vehicles: the R1T, a fully electric truck made for adventure that, in addition, it has incredible storage options and the R1S, an all-electric SUV that will be released next year . Also, prepare the ground for . apparently they are already registered .
Recently, Rivian was related to a car accident one of their R1T prototypes in California. The truck went off the road and hit other vehicles that were parked without regrettable balances. However, the company gave details about it and assured that it was a mistake made by the designated driver.
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