These are High dollar vehicles, say $75-$120k, and despite the prices, industry analysts say they lose ~$40k per vehicle. Stock has sagged from $130 to $12 today. ...
They make it up by charging twice the normal price for spare parts and collision repairs… thanks to that, insurance runs about twice the normal - say $3-6000 per year.
VW will invest up to US$ 5 billion and Rivian will help with software development - an area where VWs own Cariad has struggled for years. Whether this will be enough remains to be seen…
Rivian belongs to a family moving to the mainland from Hawaii. Their car arrived a day before they did, and our neighbors picked it up at the docks. It will soon be gone ...
Would love to try out both Rivian and Lucid at some point. They both suffer from arriving a tad too late, when money was no longer free, so unlike Tesla they couldn’t get all the necessary investments covered under that period. They apparently make better...
Investors who bought at launch paid $59/share are now sitting at $3.50, while their highest performance model is $250k and does 0-60 in 1.9 seconds. ...
That they are not increasing sales nearly fast enough. And that will only happen when the new, smaller and cheaper models enter the market. Same as it was with Tesla - only once the Model 3 and Y took off, did it become a viable venture. The Sapphire is a...
Same design strategy - a very wide track to match big truck ruts, lots of suspension travel Low cost fabrication using epoxy resin impregnated plywood cut by CNC Variable configurations I rode in one of the prototypes across a field in England and it spoi...