Nice to see that an American company that used to be an industry leader is reinventing themselves at home. Maybe the "commodity" chip business isn't such a bad idea, after decades of offshoring.
That is because tech giant Intel announced that they would be investing $20 billion in two chip...
General Motors said it will invest roughly $6.6 billion in its home state of Michigan through 2024 to increase electric pickup-truck production and build a new EV battery cell plant.
The new spending is part of a plan to increase GM’s North American production capacity to build 1 million...
Posting this CNBC article since Ford has a significant investment in Rivian and is a competitor in the EV Truck market, and people here holding Lightning Reservations.
“I just feel like we are very well positioned to deliver superior shareholder returns and I for one wanted to be a big part of...
The following came up when I Googled "Rivian Pennsylvania". Job are listed for Philadelphia, and also note first one says (DE) presumably Delaware, but these jobs are not on Rivian.com. Also, Pennsylvania still needs to pass legislation to allow Rivian to direct sell in Pennsyvania.
Wow..... owners will loose their remote start on 2018 to 2020 vehicles, unless they pay up.
https://www.cnet.com/roadshow/news/toyota-remote-start-digital-pay-subscription/
"Automakers still have only a hazy view of chip supplies for the coming two years, and that is pushing them to look elsewhere to solve supply-chain headaches, Tavares said."
Article
This is intended to be a fun exercise, and right now there's no wrong answers, lol.
Assuming Rivian performs/executes exactly as the S1 forecasts (forget drastic external influences such as supply chain, COVID, etc. cuz anything is possible), what's your price prediction range FROM NOV 10 IPO...
I'm evaluating installing L2 and/or DC Chargers at several business locations - the engineering company I work for (the owner and I are the final decision makers) and several brewpub locations that he and I co-own. SInce I don't yet own an EV, I don't really know peoples' usage patterns. These...
Link
"Rivian has hired about 1,000 people in central Illinois in the last three months. As of Monday, the company said it has 3,060 workers at its plant in Normal, easily making the company McLean County's third largest employer, ahead of Country Financial and behind Illinois State University...
While we are waiting for "s0 0n" to get here, I was researching something about Rivian, and thought it might be interesting to document clues about their suppliers. Bonus points for links or screen shots to factual information!
I'll get it started with a handful:
Audio - Meridian
Suspension -...
"The global semiconductor shortage that has paralyzed automakers for nearly a year shows signs of worsening, as a new wave of coronavirus infections halts assembly lines in Southeast Asia."
Article
Solid state batteries are always "just around the corner".....
IEEE Spectrum
"Recently, 3D-printing startup Sakuu (formerly KeraCel) developed a solid-state battery that it claims "equals or betters" the performance of current lithium-ion batteries. The small, 3 ampere-hour (Ah) cell — about...