Mike Bell Departs Rivian as CTO
Rivian R1T pickup (Image: Rivian)
In the past few years, Plymouth, Mich.-based electric vehicle startup Rivian Automotive has poached more than 100 engineers and executives from rival carmakers and tech companies.
But as the launch of its first vehicles nears, one of the company’s top hires—chief technology officer Mike Bell—has abruptly left the firm, The Verge reports.
Rivian hired Bell last summer as the 10-year-old company’s first CTO. He previously held senior executive positions with Intel, Palm, Motorola and smart grid company Silver Spring Networks, where he was CEO prior to joining Rivian.
Bell’s claim to fame, though, came during a 16-year stint with Apple during the 1990s and early 2000s. During this time, he helped lead teams that developed the iPhone and iMac.
Rivian’s “BHAG” Club
At Rivian, Bell hired several former co-workers from Intel and Silver Springs.
He most recently was featured in the first episode of a YouTube video series detailing Rivian’s history and vision for the future. In it, Bell refers to Rivian as a “BHAG” company, for having a “big hairy audacious goal.”
Rivian confirmed that Bell left the company but didn’t say why. On his LinkedIn page, Bell’s job status has been changed to “retired.”
Regardless of the reason, Bell’s departure shouldn’t affect Rivian too much. Executive changes are part of normal business. This is especially true for startups and early stage companies—although the ongoing Tesla exodus has set a new bar.
Rivian now has more than 1,700 employees. The group includes mini teams from Ford, McLaren and Tesla. The largest contingent—said to be as many as 50 people—came from Faraday Future, which has struggled to get its own ambitious EV plans off the ground.
The Michigan carmaker, which has raised about $3 billion from investors, is due to launch its R1T pickup and R1S SUV by year-end. Rivian will build electric trucks for two of the investors (Ford and Amazon), starting with a Lincoln-badged SUV that is due to bow in 2022.
Although the term “continuous improvement” is generally associated with another company, Honda is certainly pursuing that approach, as is evidenced by the Accord, which is now in its ninth generation.
Lithium-ion batteries have become the technology of choice for EVs, and falling costs and rising energy levels could keep them on top for nearly two decades.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.