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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



 

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At The Blog

EVs: link here

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