The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
I guess that taking some of a really big market allows them to reach profitability earlier. Potentially expanding their product stack to have smaller vehicles.
Also if a truck buyer who was going to go gas/diesel instead going for electric is overall better.
Having an electric alternative to all gas/diesel parts of the market is very important.
Their pipeline is all smaller than their current R1S and R1T at least. I’d guess 5000 lbs for R2 and 4400 for R3. I hate these bloated vehicles too but weight should creep down as battery density continues to improve along with charging infrastructure. The problem is the culture (and the infrastructure and the non-existent pedestrian safety standards).
I guess that taking some of a really big market allows them to reach profitability earlier. Potentially expanding their product stack to have smaller vehicles.
Also if a truck buyer who was going to go gas/diesel instead going for electric is overall better.
Having an electric alternative to all gas/diesel parts of the market is very important.
I sincerely doubt Rivian has any cars in the pipeline that aren’t SUV, truck, or crossover.
But yes, if someone’s gonna drive a fucking excessive vehicle, it’s better that it’s electric than ICE, absolutely.
Their pipeline is all smaller than their current R1S and R1T at least. I’d guess 5000 lbs for R2 and 4400 for R3. I hate these bloated vehicles too but weight should creep down as battery density continues to improve along with charging infrastructure. The problem is the culture (and the infrastructure and the non-existent pedestrian safety standards).