Rivian lost $33k per EV sold

[hydusguy]

1 hour ago, csrcsr said:

"Rivian vehicles sell for over $80,000 on average. Yet they’re so expensive to build that in the second quarter the company lost $33,000 on every one it sold.”

Doing new things is hard. Many of us want new technologies to mature. And for American enterprises like this to win.

But we're all learning the "energy transition" is not an overnight process. It's decades-long, with wins, losses, and speedbumps along the way.
https://www.wsj.com/business/autos/rivian-ev-truck-electric-vehicle-8e8dc124?mod=hp_lead_pos8

ev vaddu.. phev or hev muddu.. until ev infra is stable

[shaktimaan]

19 minutes ago, hyperbole said:

any minor accident that deforms chasis or the frame might even total an ev

that's for any vehicle not just ev

[hyperbole]

55 minutes ago, shaktimaan said:

that's for any vehicle not just ev

No other vehicles they fix the chasis by using special equipment called pullers or frame straightening reels, for evs the moment chasis is bent it probably have screwed up the battery pack

 

[shaktimaan]

6 minutes ago, hyperbole said:

No other vehicles they fix the chasis by using special equipment called pullers or frame straightening reels, for evs the moment chasis is bent it probably have screwed up the battery pack

 

yes, for conventional vehicles the frame can be pulled/straightened but the costs outweigh other factors. This is only for damage, if it's bent it's an automatic write off

Also, most body shops will be hesitant to work on such cases in fear of weakened structural integrity

[summer27]

7 hours ago, Funkops said:

 

Apple will buy Rivn

Already Amazon stake undi gaa, they have a deal and already using thir trucks for delivery 

[othayetman]

Reflecting on this discussion from a year ago, it's fascinating to see how the electric vehicle industry has evolved. Companies like Rivian faced challenges, but they've also made significant strides. The energy transition remains a long-term journey with its ups and downs, but it's heartening to witness the progress. If you've stayed engaged with the automotive world, especially trucks, you might have come across this trucks part shop. It's a great resource for staying updated on truck-related matters. Here's to hoping that electric vehicles have continued to advance, making them more accessible and sustainable for the future.

[Anta Assamey]

[summer27]

18 minutes ago, othayetman said:

Reflecting on this discussion from a year ago, it's fascinating to see how the electric vehicle industry has evolved. Companies like Rivian faced challenges, but they've also made significant strides. The energy transition remains a long-term journey with its ups and downs, but it's heartening to witness the progress.

This post is from hardly 3 months ago. 1 year antavendi? just last quarter

[Skn_benami]

22 minutes ago, summer27 said:

This post is from hardly 3 months ago. 1 year antavendi? just last quarter

It is a bot account. 

[ForEverJava]

On 10/2/2023 at 12:42 PM, csrcsr said:

"Rivian vehicles sell for over $80,000 on average. Yet they’re so expensive to build that in the second quarter the company lost $33,000 on every one it sold.”

Doing new things is hard. Many of us want new technologies to mature. And for American enterprises like this to win.

But we're all learning the "energy transition" is not an overnight process. It's decades-long, with wins, losses, and speedbumps along the way.
https://www.wsj.com/business/autos/rivian-ev-truck-electric-vehicle-8e8dc124?mod=hp_lead_pos8

Maa neighborhood lo oka friend ki undi last weekend ride ki Vella together pretty solid undi car ..seems after long wait he got the delivery recently but he seems to have it for 70k since booking from 2022 

[kittaya]

Lucid 100k antaa... 

 

 

[ForEverJava]

2 minutes ago, kittaya said:

Lucid 100k antaa... 

 

 

Paisal unte emundi le enni k aina but heard lucid better car than Tesla for interiors and drive quality

[shaktimaan]

23 minutes ago, ForEverJava said:

Paisal unte emundi le enni k aina but heard lucid better car than Tesla for interiors and drive quality

if lucid is Porsche, Tesla is Kia 

[Sucker]

Bankruptcy file chesi dhukanam bandh pettamani cheppu anna

[Konebhar6]

On 10/2/2023 at 10:42 AM, csrcsr said:

"Rivian vehicles sell for over $80,000 on average. Yet they’re so expensive to build that in the second quarter the company lost $33,000 on every one it sold.”

Doing new things is hard. Many of us want new technologies to mature. And for American enterprises like this to win.

But we're all learning the "energy transition" is not an overnight process. It's decades-long, with wins, losses, and speedbumps along the way.
https://www.wsj.com/business/autos/rivian-ev-truck-electric-vehicle-8e8dc124?mod=hp_lead_pos8

Most EV companies are not profitable and bleeding like anything. Lucid has similar numbers on each car similar to Rivian. Its reflected in their share prices