This Is The Highest Rated Car In America

By Douglas A. McIntyre Published Dec 19, 9:25AM EST

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This Is The Highest Rated Car In America — © Rivian Automotive LLC

The reviews and ratings of cars have become an industry. The list of the top research firms in the field includes J.D. Power, Consumer Reports, and The American Customer Satisfaction Index. Additionally, a number of media are in this field. US News, Car and Driver, and Motor Trend get revenue almost exclusively because of their car evaluations.

Car rating is more important than ever. Many Americans do not see the car they buy before it is delivered. Online car shopping, unimaginable two decades ago, has become a major purchase option.

And, the demand for cars has soared since the COVID-19 pandemic closed many of the nation’s dealers. As buyers came back they found low supply because of shortages of the chips used in auto electronic systems. People who might have waited a few weeks to get a car, now find that has stretched out to months in many cases.

One of the well-regarded car evaluation companies is the review firm Edmunds. It has been in the car evaluation business for years and is used as a primary source of ratings by car buyers.

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Edmunds has just picked its top SUVs, Cars, and Trucks for 2022. It has a top vehicle for each of these segments.

The vehicle that won Edmunds’s leading honor as the Top Rated Editor’s Choice is the Rivian R1T. It is an electric pickup built by a small and relatively new company. In the review, the authors commented:

“The 2022 Rivian R1T is the first all-electric pickup truck to market and packs an impressive combination of on- and off-road performance, cutting-edge technology and thoughtful utility.”

Rivian Automotive is a publicly-traded company. Its market cap is $86 billion, which is $10 billion higher than Ford’s. It went public on November 10th. After a spectacular debut, the shares slide because of poor earnings. The company also said it would not hit its target for truck production. Rivian was founded in 2009.

The Rivian R1T has a based price of just under $70,000, which is very high by pick-up standards. The company can charge this for the vehicle and has a high stock market valuation because of the electric vehicle mania in the U.S. driven first and foremost by Tesla.

Click here to read The Fastest-selling Car in America Right Now.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.