Saturday, March 30, 2024

Rivian Update -- March 30, 2024

Locator: 46868EVS.

Tag: Rivian.

Highlights:

  • burning cash
  • it's one factory is shutting down for one month to re-tool
  • plans for a new Georgia, US, factory on hold
  • their hoped-for cash cow won't be available until 2026; announced early 2024;
  • dissatisfied early buyers
  • overall EV market in disarray --> pivot to hybrids?

The links



 

***************************
At The Blog

EVs: link here

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.