https://www.fleetowner.com/emissions-efficiency/article/21284127/rivian-takes-a-bigger-step-into-commercial-vehicle-market-with-morgan-olson-electric-van-collaboration
Rivian extends its reach into the commercial vehicle space, enters partnership with JBPCO
March 7, 2024
The electric vehicle...
https://thehill.com/policy/energy-environment/4516633-evs-will-be-cheaper-to-produce-than-gas-power-cars/
Battery electric vehicles (BEV) will, on average, be less costly to produce than gas-powered cars by 2027, according to market research firm Gartner.
Gartner predicted in their report...
Interesting. Your prediction seems precarious at best. How does the EDV factor into your equation? I would think that interest in that vehicle could do wonders for a capital raise especially if there's a large governmental or corporate order.
I totally agree. I think the $100 reservation numbers are going to be key for the next capital raise. It will give some investor confidence or at a minimum make them an ideal acquisition target.
The main assumption in these arguments is a homogenous target market.
I think the buyer segments are differentiated enough so that R1 and R2 won't cannibalize each other. 5 seater and 7 seater are totally different markets.
Therefore I think the R2 will only help them expand market share...