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Big news for Rivian.
VW will invest up to $5 billion in Rivian as part of new EV joint venture
A big cash infusion for the EV startup.
www.theverge.com
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Honestly I think these could just be refreshes or next gen versions of existing and planned products. I don't think Rivian is likely to go one class larger than the R1 (Suburban?) or smaller than the R3 (for consumers). They could introduce different commercial vehicle classes which could be good for their business but not interesting to consumers. I suppose they could do a big camper van but that seems like a super niche product (would be $200k+) so presumably quite low volumes and wouldn't drive market cap.@UnFacconable
Rivian teases four new vehicles, and I have no idea what they are
Four new Rivian vehicles could be coming soon.www.theverge.com
That said, the concept of the rivian mobile service van IS pretty neat.
Why waste your time at the dealer if you can just have someone come fix the car in your driveway. Especially if you have a flexible/hybrid WFH schedule.
I bumped into a local guy with a Grenadier. Dealer is 1-2 hours away depending on traffic. He told me that after a couple of trips for routine stuff, he wanted to change his own oil, but it turns out that there was no way to reset the service indicator. It can only be done at the dealer with their equipment. He was not impressed. They also have mobile service so maybe that's the way to go.That said, the concept of the rivian mobile service van IS pretty neat.
Why waste your time at the dealer if you can just have someone come fix the car in your driveway. Especially if you have a flexible/hybrid WFH schedule.
Interesting since it uses BMW engines. I haven't had to deal with a new BMW for oil changes -- I wonder if it's the same with resetting the service indicator on them.I bumped into a local guy with a Grenadier. Dealer is 1-2 hours away depending on traffic. He told me that after a couple of trips for routine stuff, he wanted to change his own oil, but it turns out that there was no way to reset the service indicator. It can only be done at the dealer with their equipment. He was not impressed. They also have mobile service so maybe that's the way to go.
I enjoy changing the oil/filter on my car. It's very satisfying when that extractor gets going!
Sure, but the EV's have the particular problem that you basically need dealer service. Both because a lot of them are locked down AF, and because even if they aren't, there's an entirely different skillset, parts pipeline, toolkit needed to deal with issues that crop up.It’s going to be a problem with any auto startup. All the large brands have dealerships in most major cities. A company like Rivian can’t do that until they grow large enough.
Can all Ford dealers service the EV’s they sell? I’d guess no but could be wrong.
Edit: I’ll double down on these being growing pains for a product category that’s taken way too long to mature.