Agreed. That one fact seems to separate Rivian from most of the other competitor startups - Bollinger, Atlis, etc.
Having a path to production in place already puts them way ahead and actual production so much more likely!
Saw this interview on Autoexpress recently. Certainly sounds like Robert 'RJ' Scaringe has a plan in place and the R1S and R1T won't just be vaporware like so many electric startups. You guys convinced??
Link...
Smart of Rivian to go after segments not already successfully filled by Tesla. I just wonder about the financial viability of it all in going after pretty niche segments and price points. Tesla wasn't able to generate profit until its 'inexpensive' big volume seller (Model 3) hit the market.
The tax credit really remains to be seen since the current administration is trying to eliminate them permanently while the manufacturers are lobbying to extend them permanently.
Obviously I haven't had a chance to check out the concept in person but based on all the reviews they rave about the...