Rivian pauses plan to build $5B Georgia factory

[lostchild]

I don't know, but I'm skeptical of the claims about their bright future. I though EVs were supposed to be easier and faster to assemble?

I heard they were contracting with IKEA to produce assemble at home kits.

 

[Stampede]

I am also skeptical. Consider they’re developing the entire vehicle from soup to nuts, including software. My skepticism of Rivian goes way beyond anything I have seen mentioned on here.

New plant has a capacity of 400,000, so they will have to find a LOT more retail and commercial customers to sell that many vehicles, Perhaps they have export plans....?

I don't really want American companies to fail, but it's the fact that EVs are being pushed/forced on consumers that bugs me. Let them succeed or fail on their own merits in the market place, without interference from the feds.

Soup to nuts? Are you hungry...? lol

 

[GFB]

New plant has a capacity of 400,000, so they will have to find a LOT more retail and commercial customers to sell that many vehicles, Perhaps they have export plans....?

I don't really want American companies to fail, but it's the fact that EVs are being pushed/forced on consumers is what bugs me. Let them succeed or fail on their own merits in the market place without interference from the feds.

Soup to nuts? Are you hungry...? lol

I’m the opposite of hungry. Just an expression. I went to a cooking class today and I brought home enough food for 2 days.

Rivian announced new models. We shall see if it affects things.

My main concern is this startup culture and all the people who draw big salaries and don’t do a thing worthwhile. A company needs good earnings to pay for all that overhead baggage.

 

[lostchild]

Give it a couple of years. The crooks will make off with the $, then, demand will wane and the whole thing will fall apart.

That mile long building’s gonna be a real eyesore if ir gets abandonded.

 

[Boogar Presley]

Who's going to buying these extremely over-priced ev's ?

 

[lostchild]

Who's going to buying these extremely over-priced ev's ?

Same a-holes who drive BMWs.

 

[StuP]

Same a-holes who drive lifted trucks with LED's and rims to and from

FTFY

 

[thevalueman]

.

 

[hozjo]

I don't know which idiot thought they should try to jump into the premium electric vehicle segment which is already quite saturated, most people buying 80k trucks either need the truck for something it does (towing, carrying heavy loads, offroading etc), or are just people trying to live the big truck "lifestyle" who roll coal and take up two spots in their pristine truck when they take it to the grocery store. Neither of those groups are interested in a 80k electric truck as they aren't functional or "cool".

They should be selling maverick-ranger style electric trucks that aren't intended for heavy use, long trips or to be blinged out at maverick-ranger prices. I feel like a lot more people would consider buying a 23-33k electric truck to use for light jobs around urban and suburban areas and if you can't make em for that counting the federal subsidy bull**** then you shouldnt be making anything.

 

[Ken Ford]

I think there’s a misunderstanding there. They sold every vehicle they made. If they produced more vehicles, they would have higher sales. They need more sales to eventually get in the black on their earnings.

Don’t you have to order them ahead of time?