BrownOuttaSpec
Active Member
P&D numbers better look good, who doesnt like getting a $140,000 truck for $90k. Hopefully they've learned to cut some costs when they release numbers later.
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The fact that it costs them $140,000 to make the truck doesn't mean its a $140,000 truck. I think Tesla is the only EV maker that is able to make their vehicles for less than their price.P&D numbers better look good, who doesnt like getting a $140,000 truck for $90k. Hopefully they've learned to cut some costs when they release numbers later.
Interesting that I just happen to see an R1S on FB marketplace about 5 miles from me for $95K...
Why would they have wanted to buy a contract vehicle manufacturer?Rivian has paid a lump sum of 85 million euros to VDL for breaking the contract on a possible takeover of VDL Nedcar in The Netherlands.
According to newspaper ‘Eindhovens Dagblad’ this is shown in VDL Groep's annual financial report for 2022.
Excerpt:
- Rivian would take over VDL Nedcar, according to a passage in the financial statements for 2022;
- According to former Nedcar director Paul van Vuuren, there was an agreement between both parties: "There was a signature".
- Rivian broke the contract with VDL after US President Biden came up with a measure to subsidise the purchase of electric cars in the US. Rivian then decided to expand production domestically.
To manufacture cars?It is reported that Rivian stopped the purchase of another company and had to pay a penalty:
Why would they have wanted to buy a contract vehicle manufacturer?
They also have automated the connect/disconnect (16:00) of the rear motor rather than have a manual setting. This is similar to the way Tesla manages front/rear drive motors.Sandy Munro and RJ in a podcast, talking mainly about the new Rivian designed drive units:
It sounds like a significant cost savings from the quad motor design.
Overall, seems like solid improvement?Rivian Q2 earnings: raised guidance plus EV margins improved by 50%
After posting strong Q2 earnings, EV maker Rivian (RIVN) is raising guidance numbers for the year. Rivian continues ramping production...electrek.co
View attachment 963365
Overall, seems like solid improvement?
Modified, or just a photoshop?