How Amazon Is Giving Rivian An Edge In The EV Industry

[@kindnuguz]

I hope Rivian is successful and these vehicles last to give EV a good reputation. This will give the public confidence in EV.

[@tinytownsoftware3837]

Amazon's transportation needs are not the same as the regular family's needs. EVs don't work for a lot of people.

[@aidanrace814]

@@tinytownsoftware3837 I think they would work for a lot of the people who think they wouldn’t.

[@tinytownsoftware3837]

@@aidanrace814 They work for homeowners who don't take a lot of longer trips. They don't work for people living in apartments. Who exactly thinks they won't work for them, but you think they actually will?

[@katzgar]

@@tinytownsoftware3837 wrong

[@katzgar]

@@tinytownsoftware3837 you are clueless

[@somersetbassett4580]

I helped set up the RPV portion of the IL plant. It's a well made van and I'm proud to have been part of its creation.

[@caleb9231]

Serious question. Do people involved in this ever talk about the massive environmental damage their products cause? How about the issue of child and forced labor? Or do they just act like these don't exist?

[@tlaloc9624]

@@caleb9231 do you ask the same questions about your furniture, phones, tvs, and anything from China and 3rd world countries that do these kinds of things? Or do you, liked you said, also ignore these things :)

[@MetalikOrder]

@@caleb9231 how about your smartphone ? does it run on gaz ?

[@caleb9231]

@@tlaloc9624 I do, hence why I minimize purchases of those items. I dont however, go out of my way to enable industries which are destroying the environment and are ACTIVELY involved in child labor.

[@caleb9231]

@@tlaloc9624 Also I dont have a TV, all my furniture is locally made and my phone is from 2017. I also run a charity that helps orphans find safe homes. What do you do?

[@KingVegeta90]

I’m a manager at a amazon delivery station, I can’t wait to start seeing these

[@danieldaniels7571]

I'm a forklift operator at a distribution center, and am eager to see them as well.

[@Jeromeeb]

I just seen one outside of Baltimore earlier this week. Was pretty cool to see such a big truck be so quiet.

[@Hi-qh8zt]

I would hate to be the driver whose battery runs out mid route.

[@Jeromeeb]

@@Hi-qh8zt really? You wouldn't wanna be paid to sit while they recover it? I would 🤣

[@Hi-qh8zt]

@@Jeromeeb no because I've been broken down in my step van waiting for recovery and it's lost money and lost time. of course I don't drive for Amazon so I don't work at an hourly rate. when you make a day rate you wanna go as quick as possible.

[@christianleal8873]

CNBC has been killing it with these videos lately

[@tira2145]

They are a TV production company. Why are you impressed with what they are created to do?

[@austinhernandez2716]

@@tira2145 It looks like they're releasing more than usual?

[@totallyprofessional3571]

@@tira2145 Other TV companies don’t provide as much well informed informational videos at CNBC. This series plus a few others that they have on this their KZbin channel our home runs. They are competing with Legacy news channels and are dominating and they are competing with new KZbinrs who make a living off of doing 10 minute informational videos.

[@tira2145]

@@totallyprofessional3571 you do know CNBC is owned by NBC. It's literally in there name. We have set the bar so low when we are impressed that a billion dollar company that only purpose is to create video News creates News videos. Should I be impressed when I go to McDonald's and get a happy meal?

[@joeblues2000]

There should be a button to turn off the background music or they could post a different version.

[@eyesuckle]

I think the future of Rivian is bright for the very reason that one of the commentators mentioned: They hit the sweet spot with their product and its styling. People love these trucks. Personally, I think they're beautiful! But there are two big ifs: 1) After their recent price hike and inflation still trotting along at a pretty good clip, how many customers will ultimately be able to afford their pickups and SUVs? They're rapidly approaching the $80,000 or $90,000 mark. That's a lot of money for a vehicle. 2) Ford, GM, and a couple of EV startups all saw that the pickup truck and SUV market was the place to jump in because the profit margins on these vehicles, even with their giant battery packs, are bigger. Tesla is going to be making Cybertrucks by next year. So Rivian's chosen market segment is getting crowded fast, and all their competitors are already undercutting their prices. Again, they've created a great product. But by the time they ramp up, will there be enough people left to buy it? I think they're wise to start building that factory for the R2 platform in Georgia now, because the affordable EV is where true domination for the EV industry is going to be fought. There's a much larger customer base there, and nobody has truly jumped in with both feet (outside of China) because the profit margins are so much smaller.

[@Outwardpd]

A lot of the price we see in EVs is the R&D costs being put into the vehicle's price tag, and they are also cheaper than they seem on the surface because many ICE vehicles are selling for way above their sticker price atm. This is to say that things aren't as bad as they seem in price but also that prices will fall over time as companies move to capture more of the market after covering their initial investment costs. Things always start out as more expensive than necessary and become cheaper over time.

[@Charles-Darwin]

Hence the entire premise of this segment... one giant sales pitch

[@joshhyma842]

@@Charles-Darwin Market Summary > Rivian Automotive Inc 32.31 USD -70.41 (-68.55%)year to date

[@rainmaker3700]

Way overpriced, the stock and the vehicle.

[@drigocrews]

I agree with how nice the cars look, but i do belive it comes down to price. You got die hard Ford and Chevy supporters that are willing to spend less or just as much on those trucks instead of Rivian.

[@TheMavenDojo]

It is actually smart from the Amazon side to have a custom delivery fleet made "from scratch" to their specific needs. Instead of converting regular vans.

[@bOOmbOOmProd]

Honestly it was a publicity move to green, which is the goal. However as a company you don't want your entire fleet reliant on another company for service, which is a huge risk. As with the current ICE offerings, finding a repair shop and turn around times will be much faster. I won't invest in any EV tech for at least 10 years.

[@maxpro751]

@@bOOmbOOmProd It’s a risk worth taking for small companies that want to have an edge over competitors.

[@omniyambot9876]

@@maxpro751 exactly. These companies are what they are today because they have risked to be the first timers

[@dianapennepacker6854]

​@@bOOmbOOmProdIt wasn't a publicity stunt for going green. Going electric has huge benefits when it comes to savings in fuel, and regular maintenance. Now personally I think Rivian and other car makers need to catch up on the manufacturing side. Tesla is murdering it with profit on their cars from what I've read. I'm surprised Tesla hasn't tried the smaller delivery trucks. Or even construction trucks. So Rivian should focus on that. No one is excited about Rivian vehicles in my mind. They are generic as hell. They need to generate excitement for their brand. Same with Lucid which creates amazing cars, but eh. No personality.

[@chargermopar]

Postal service, federal express, ups and amazon should all go electric for deliveries. Long haul is not practical but last mile will save a ton of energy, and repairs.

[@JakubKieblesz]

Bro, here is an idea what if for long haul we try to utilize cargo trains to the fullest. After all, cargo trains are the most efficient.

[@libertas-goddessofliberty5664]

@@JakubKieblesz Hydrogen is the future of long haul, and maybe trains as well.

[@Hi-qh8zt]

I deliver for Fed Ex final mile and I use $150 in fuel weekly at 5.5 mile per gallon. and I drive one of the largest step vans we have. Also FedEx ground is contracted so the contractor's own the vans do the maintenance and pay for the fuel nothing is FedEx other than the logo on the trucks.

[@ledgamer3554]

@@JakubKieblesz true but I guess trains don’t go every where that’s probably why they don’t already do it

[@followerofjesuschrist.]

"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17 "Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:38-39○

[@MesterYorge]

As a supplier to Rivian I am proud to be a part of this start up I sure hope there will make it out of there slump

[@MaticTheProto]

They have big brands supporting them. I think they will make it

[@MansaKimani]

Rivian deserves this and more, I heard the Journey of the Founder, RJ Scaringe and I have utmost respect for the startup which has been more than a decade in the making. More Life to Rivian and I can't wait to drive the R1S

[@chelseaisking]

Amazon invested in Rivian ordered 100000 units and the Rivian went public. Genius on Amazons part. Probably got the vehicles for free

[@JewlofTheNile914]

😄😆👍 yep

[@mikefly562]

It's really a win-win for both companies; I can see the use of electric delivery vans becoming extremely popular, as most delivery vans stay semi-local, usually drive less than 200 miles per day, and can easily be recharged over night. Lower maintenance costs as well. It will be interesting to see if FedEx and UPS order electric vans.

[@ChrisBenjamins]

@@mikefly562 I believe they will, its in their best interest to stay ESG compliant.

[@richardzhou96]

Isn’t the share price down 90%…?

[@LeaveNoEvident128]

@@richardzhou96 I brought 1k shares at 15.45 😆😆😆

[@ScrapPalletMan]

2:35 so glad that Steve-O is fully backing the EV industry

[@evanm9026]

Your right. I went back to compare. Hes def steve O

[@af241]

If Steve O and Clark Kent had a son :)

[@magallon643]

@Brandon Gant that's what the name comes from Rivian means "Indian River" is Backwards

[@adamraynor9626]

I saw an R1T last week, and just this Monday I saw the Amazon Rivian truck in the KansasCity area. I hope that the company I work for will consider buying trucks like these.

[@madboyreadynow28]

I live in Plano, TX. I see the Amazon Rivian vans all the time in my neighborhood. I have a few neighbors who own the Rivian pick up truck. These are some really cool trucks.

[@lovesophia19]

My husband works with Rivian and met the CEO!! So cool

[@ChrisTopherBunnell]

tell him keep up the great work and thank you for recalling the steering knuckle bolt before it became dangerous incidents. I respect the pre-emptive recall. I bought more stock in Rivian after reading that.

[@michaelmiller6878]

What Rivian is doing is inspiring and the product they make is desirable to consumers. Often considered a threat to Tesla, they are more of a threat to legacy automakers. Several new EV players will replace the old auto companies, who've shown a lack of vision, creativity and operating model that can compete.

[@thefilmguy]

If the Amazon delivery vehicles are successful. I can see companies like UPS and FedEx going electric for their vehicles as well, because diesel fuel costs are a factor in shipping costs and those costs more often than not are passed on to the customer.

[@pekoso1]

Very cool trucks that only a few can afford. EV's are made for rich people. That being said, don't see how expensive EV's can help reduce the carbon footprint of develop country's. Just saying🤷🏽

[@johndonny4395]

@@pekoso1 the initial combustion cars were only made for rich people. Cost’s will come down over time as more people buy evs.

[@Donkeyearsa]

It depends on more than one thing. I worked for a company that bought an entire fleet of a new Volvo semi truck. The entire fleet was lemons and within a year of accepting the new fleet the company was bankrupt. Amazon can't rely on these new trucks. They may work fine in a laboratory setting where there is a mechanic a few feet away to fix the vehicle if there is an issue, but will they work as advertised in the real world?

[@AWildBard]

UPS and FedEx are already buying and using some electric delivery vans. But it's mainly in the testing phases. They've been testing vans for a few different electric vehicle companies. The main ones I know about are Workhorse, Arrival, Brightdrop, and Ford. Ford makes an electric transit van in a few variations. They are supposedly number one in their segment. Brightdrop farmed out production to a German company in Michigan while they build a factory in Canada. The German company will make 500 delivery vans for FEDEX. Arrival is building their first "micro- factory" in South Carolina. So they haven't started production in North America. Workhorse has seen major setback after major setback, but hasn't gone out of business for whatever reason. They are still hanging on and recently got an order for 1500 vans in Canada.

[@AWildBard]

@@Donkeyearsa Very true, they have to prove their viability. There are definitely problems associated with electric vehicles, and not every company will succeed. But I'm sure that electric vehicles will replace ICE vehicles. The internal combustion engine has never been better in history. They are more reliable and more efficient and more powerful than ever before. But eventually they will be replaced, because when the price of batteries goes down, and the reliability of battery electric vehicles is proven, the electric vehicle is significantly better. Maybe that's not today, but we are on the crest of a wave of dramatic change.

[@brickman409]

I've been seeing more and more of the Rivian trucks on the road. Those unique headlamps make them easy to spot. Still not a ton of them out there, but enough for me to notice. Reminds me of when Teslas were first coming out.

[@AKUNJIG]

I've only seen two of them in Atlanta. And also we're set to build a new Rivian Factory 60 Minutes away from the City.

[@arjunyeleshwarapu]

@@AKUNJIG i see them everyday im the bay area bc they test in my area but its still kind of weird seeing them

[@shoutingatclouds1050]

Rivian is a ponzi scam run out of a old GM plant. Mostly money laundering federal grants and loans type scam, environmental related. They have no real viable supply chain it's more like cutom trucks for show being made out of a old GM plant.

[@AKUNJIG]

@@shoutingatclouds1050 Wasn't the first Tesla Vehicles Manufactured at an old Toyota Factory?

[@shoutingatclouds1050]

@@AKUNJIG I pretty sure about my post especially the old GM plant part. Rivian is a rabbit hole if you want to go down it for yourself.

[@namankathuria710]

Rivian can get into school busses, which is for sure a huge market and needs the electric revolution

[@emckethern]

Our school system in Montgomery, Alabama plan to start purchasing EV busses in the upcoming future.

[@paulheydarian1281]

@@emckethern In the upcoming future kids won't need to go to a brick and mortar school. They'll be indoctrinated via a microchip when they're manufactured at the baby making plant.

[@jamisonmunn9215]

Yes school busses and especially post office vehicles, EVs are perfect for post office routes.

[@XX-pp3bx]

Public schools are broke

[@gmv0553]

Navastar is far ahead on electric school buses!

[@mbbconsultinghacks]

I used to work with Amazon and this was such a hot topic in relation to getting closer to our sustainability goals

[@albongo3949]

Drivin in that truck and it’s the best EV truck best truck I’ve ever sat in. You don’t feel bumps it’s silky smooth and tech and driver oriented.

[@MarloSoBalJr]

Not trying to hate but it's still brand new, so you'll get the true experience after 5 years

[@dlewis8405]

Everyone is rooting for Rivian’s success. Tesla had a hard time getting to the position it is in now. There is no reason why Rivian can’t get established in its own niche.

[@progressiveprecision]

what... there are numerous reasons why it can fail

[@dipladonic]

These vehicles are charged via the mostly fossil-fueled electricity grid. Ultimately, they will destroy the utility of the electricity grid as we know it.

[@raylopez99]

@@dipladonic The Grid needs to get bigger, true, and long term electrification is needed. Fun fact: natural gas for cooking is about as efficient as electricity for cooking: the reason is to convert gas to electricity is roughly about as efficient as the efficiency of gas on the stove. So replacing natural gas with electric ranges, as mandated in California, really doesn't do much for the environment.

[@MrRob_2020]

@@progressiveprecision thats not what they said.

[@followerofjesuschrist.]

"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17 "Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:38-39○

[@darwinschultz4474]

One thing they forgot to mention that we see as employees is their continued commitment to us. The days are long at times and we all often get frustrated when things don’t go how they should. But at the end of the day the compensation and benefits package is the best in the industry for an entry level worker. It’s a simple philosophy. Take care if employees they take care of the customer and the money takes care of itself

[@PWN_Nation]

"Best in the industry"? The has entered the chat.

[@santoshayoga5392]

Most legacy auto makers are going bankrupt soon. Too hard to convert from ICE vehicles and compete with Chinese EV's and Tesla at the same time.

[@PukeSkinwalker]

The biggest hurdle in the automotive industry is the cash flow. The power that Tesla is doing is that they now own the gas station as well as the production. It makes it a lot more of a valid investment. Rivian needs a stronger cash flow than just a car. The internet of things is all about that. Any Amazon tech partnership that could increase revenue and cash flow would be beneficial. I would also like to see sensor data for auto insurance companies as a deal with the automotive industry. If amazon had their tracking chips that they had for their own store in each package, the loader would simply just need to load out packages and the delivery driver would be able to find the zone where the package is using their conttrol to where the package/items are located saving time for the loaders as well as the delivery driver.

[@javianjohnson8746]

These new EV vans seem so cool. Can't wait until they're all over the delivery roads soon

[@jedics1]

Its very nice to see that the vans aren't ugly, especially if they improve the fit and finish with the side panels of the body.

[@oksyar]

Amazon's sole purpose was to give rise to an EV company that can Challenge Tesla 😄

[@rascanjero8431]

Only reason why I'm not writing them off. Betting on Bezos ego to keep them around for a long time.

[@ALevelBusinessStudies]

Exactly right- LOL

[@GeorgeVCohea-dw7ou]

@@rascanjero8431 Bezos is no longer in charge.

[@AWildBard]

I like Rivian, but they aren't challenging Tesla. They are making completely different vehicles in totally different niches. And Tesla has already passed the crux from negative to positive revenue. Rivian is, contrary to the title of this video, in a very tight spot right now. I do think they will survive, but they are losing up to 2 billion dollars per quarter. They need to master manufacturing and building vehicles and the software, coordinate suppliers and distribution all at once. Plus they are also placing Rivian brand chargers in or near adventure locations The cash from Amazon really helped, but hopefully they didn't bite off more than they can chew in their expansion.

[@oksyar]

@@AWildBard I like Rivian but I'm just saying Amazon going to Rivian and helping it survive until it turns profit is really Bezo's beef with Elon. Yes they are making different vehicles for now but eventually they will enter Sedan, SUV and compact car market. And their only problem is production. Not engineering, not design, not quality and not performance. As soon as their production Ramps up, they'll become major Competitor to Tesla

[@jessputapixelonit]

I've owned two Audi eTrons and love them, but after a few rides in my friends R1T I pre-ordered the R1S. So excited.

[@Avantime]

Rivian has to deliver all those vans to Amazon at the fixed contracted price and time, and there's no real certainty that they could deliver both with 10%+ inflation and shortages. Also pickups and trucks are expensive, heavy, un-aerodynamic and requires large payload & towing capacity, requiring expensive high capacity batteries, and Russian nickel is now off limits. They'll keep burning investor cash and will be forced to raise prices of their vehicles, and we'll see how they'll ramp up production if they could no longer raise funds in the capital markets at affordable rates, because interest rates are going up. I won't write them off just yet because the US market is big enough for Rivian, partly because Tesla doesn't have a comparable offering. But these next few years are going to be real tough for the upstart carmaker.

[@emeraldcitydreamz]

Don’t ever underestimate our governments desire to bail out companies and banks that blow it.

[@angelavalencia9055]

Govermnent russian free navalny real fate ok our free ok

[@raskal8578]

Have you seen the Rivian, its a 800hp beast. All they have to do is duplicate the innards and swap the exterior.

[@mukamuka0]

The delivery Truck looks stunning! I wish they would sell it to other. It would make a great utilities van

[@snakedoktor6020]

They will probably have a consumer version of this if/when they get a handle on everything. Would probably make a sweet work van.

[@user-zlxelaZz]

Let’s buy stuff that looks nice and not worry about how it runs and the cost of repairs. Very smart

[@mukamuka0]

@@user-zlxelaZz yeah because Amazon is know to buy a bad and very expensive vehicle that is not practical to repair. That's why their company is only worth $trillions~ right!? smart guy

[@dabakonader]

Seriously, I can’t wait for these to become more common, they’re amazing.

[@thetrainhopper8992]

Don't worry about the losses, that's just startup culture. They're success is measured in money raised and promises made. Delivering anything just isn't what they do. It's really that profound.

[@CarC369]

Lol... yep. Definitely in 2020-2021. Not so much right now with the QT and rate hikes going on.

[@MJorgy5]

The R1T is an awesome looking truck. Hope to see more from Rivian on the roads.

[@thomaswhite2609]

Hundreds of ridiculous positive comments like "wow I like it, cnbc is soo cool, interesting"... Seems like Rivian bought a positive comment service to fill up the comment section.

[@douginorlando6260]

Bingo. I sat next to a millionaire braggart on a plane. He explained making a ton of money from on-line gold companies by hiring posters in 3rd world countries to post 4 positive pro on-line gold transactions for every negative comment. The same is now happening with the mRNA vaccines to suppress comments by the vaccine users

[@thein-famouselguapo15]

I can't believe no company has gone to the USPS yet to try and replace their ancient fleets.

[@Theblackdahlia1]

There are new USPS Mercedes vans in my area for mail delivery

[@JinKee]

I bought Rivian at the top and capitulated out a while ago. I'll get back in when the macro environment looks a little less apocalyptic

[@Tetsu9701]

Ford & Rivian reminds of Nintendo & Sony to a certain extent. Sony & Nintendo were working a console together but Nintendo had certain terms that Sony didnt like. They ended up seperating & Sony made their own console which outsold Nintendo's by a large margin.

[@AmazingJayB51]

I believe it was the type of content. Nintendo is more kid friendly. Where as Sony has content for older consumers.

[@Tetsu9701]

@@AmazingJayB51 Yep. Nintendo also wanted cartridges while Sony want CDs. Rivian seems to have struck a gold mine partnering with Amazon.

[@md.mohaiminulislam9618]

@@Tetsu9701 bezos definitely won't tell them to deal with musk

[@Freshbott2]

Nintendo wanted to control both their developers and their customers. Sony didn’t.

[@taylorc2542]

Amazon is pro-censorship, Elon is for free speech.

[@MarloSoBalJr]

I think the best option for Rivian is to focus their production, solely on commercial trade vehicles. Amazon is just a lead way, but once you get UPS & FedEx or even DHL into the mold, fleet vehicles are far more profitable than everyday consumers. It's up to Rivian but I think this collaborative agreement with Amazon, why not convert your Amazon warehouses into production lines for these vehicles for distribution

[@grumpyjamaican]

Good point I agree with you.

[@MaticTheProto]

DHL mostly uses Mercedes Delivery vehicles. Mercedes just partnered with Rivian to make these go electric. The odds are high that DHL and others will soon have them too

[@darklight8675]

Almost all new ev companies received major support at start and that includes Tesla without a doubt.

[@ivan200804]

As $150 dollars per share investor, it's a good news for me. Rivian to the moon!!!!!

[@HeyU308]

8 years from now, all these EVs will need new batteries. Currently replacement cost of an EV battery is $26,000+ and rising with the increase in material costs.

[@victorryan4870]

Companies look at things like this with accountants etc.. most likely the diesel/gasoline powered delivery trucks are estimated to cost a lot more to maintain and refuel then it is to charge one of these trucks or even replace a battery that far down the line. If it was a waste of money they wouldn’t do it, it’s not about the environment to them

[@jg5001]

New cars in general now have an average lifespan of around 6 years. Today's EVs are just too technical, but ICE isn't that far behind in terms of outright longevity.

[@alpzepta]

Probably the best delivery truck in the world considering that they cost at least $100000

[@HVNT7]

That "Jeff who?" jab by Musk must've long been echoing inside Bezos' head.

[@hiddeninternets5894]

I guess it is echoing inside Musk head now! xD Musk only promise a lot of crap and dont deliver. Rivian dont talk, they do! ;-)

[@HVNT7]

@@hiddeninternets5894 🤡

[@Lamellbranch00]

That r1s is going to take off

[@Ultrajamz]

These EV cars need to be repairable at reasonable rates before I can consider them, and I should be able to buy parts and do repairs myself.

[@GeorgeVCohea-dw7ou]

Yeah, too much of the positive talk is getting these to market, there is nothing on longevity or repairability. Fleets have service contracts and utilised to the fullest lifespan. Without a viable aftermarket, these things are doomed outside of the corporate world. This being said, Amazon will have enough real world data by the end of the decade to potentially make it a feasible concept for general marketplace.

[@yayagazab4449]

The EV companies have a monopoly on repairs & service which is where they will make bank. However, I think the mechanics in Massachusetts sued Tesla because state law allows them to work on any car, but Tesla wouldn’t allow them. It will take at least a few generations to build a huge workforce of generally trained skilled techs to be able to fix these EVs at a reasonable cost. Also, the recycling business has to increase as well to take care of the obsolete models and their toxic battery materials. I think Tesla is already factoring recycling in their business plans.

[@GeorgeVCohea-dw7ou]

@@user-zlxelaZz I don't know, that Amazon contract may just be about all Rivian can handle, outside of the few niche premium vehicles, over the next decade. If it doesn't perform satisfactory to Amazon's expectations and tolerances, the whole company likely won't survive. Focusing on one primary design is great for a start-up but also a double edged sword! Aftermarket is the one crucial element that EV corporations are overlooking to their detriment. Tesla can pull this with their high end buyers who have more money than sense who expect that premium brand exclusivity, but once they enter the general marketplace, that's a whole different customer base with vastly different expectations of how their daily driver is supposed to operate and where they choose to repair it. Middle class Americans want choice, convenience and repairability, not waitlists and backordered. Toyota rarely has any vital parts more than 48 hours away from pretty much any point in the continental US, and this doesn't even factor the non-OEM components!

[@GeorgeVCohea-dw7ou]

@@yayagazab4449 If Rivian sticks to a mostly uniform parts design amongst all the the vehicles, the repairability and survivability rockets. Lots of components can be functionally identical. Relays, for example, are generally the same among brands, and pre-internet days, one most probably would not have been much aware of interchangeability for some part numbers. The big players already know what their customers want, and if these EV exclusive manufacturers fail to integrate some standard business practises, they risk swiftly dying out without a chance of a buy out rescue. These companies can do better than the big three from the ground up in this twenty-first century by modifying how things are done, but this means exceeding customer service, not hindering it. Directly licencing out designs for parts would add a revenue stream and make customers more comfortable buying aftermarket early on and is a legit possibility. It would also potentially add an emergency supplier to Rivian's manufacturing capabilities, since this is a real world issue at the moment. I know this is already something that happens, but Rivian is in a ground up position to make it standard business practise across the board on the front end. The second hand market is almost more important to the auto manufacturers than first time sales. When people have a good experience, they are more likely to return to the source, when it comes time to buy new. A teen's first car influences a lifetime of buying decisions.

[@warrior7020]

Rivian is well positioned to capture the low-end EV market and the EV trucks market. It has taken a very different path from Tesla.

[@urielsanchez767]

I want a Rivan truck, they look cool

[@fabian7463]

So this is how you promote, with the power of mainstream media.

[@jonahpinx]

We have the charging stations installed at our warehouse but have not gotten any of the vehicles yet. Would be nice to test them out over a rear wheel gas hog that gets stuck in this nice northern snow easy.

[@JPTech933]

The Amazon delivery vehicles deal is great for them, as people see those Amazon trucks on the road, basically gives Rivian free advertising, I see Canada Post and the US postal system wanting to convert their city fleet to these kind of vans, not to mention all the vans I see on the road like plumbers, electricians and contractors.. Municipal transport like busses and school buses would also be really good to build as the demand is high for electrification of these, especially here in Quebec where electricity is so cheap.

[@hasanturgut2712]

Admire them, great job Rivian.

[@USACowboy]

Ford was smart in investing in the company and doing its own thing.

[@nyakarundi]

I truly believe they can build a big business, that is why I invested in their stocks.

[@benedictgorospe5246]

What rivian is doing is absolutely incredible the rivian r1s is definitely my favorite

[@austinhernandez2716]

One side says EVs are the solution, the other side is stubborn and makes up BS like EVs cause more pollution than ICEs. BOTH sides are wrong. The solution is not electric vehicles. Because the problem itself is too many vehicles. The solution is making cities walkable again. If people were able to get around quickly and safely by walking , cycling, or using public transportation, then there would be no need for a vehicle for most people most of the time. Sure EVs cause less pollution. But using your own two legs causes ZERO pollution, other than wearing out your shoes more. EVs are a failure of capitalism trying to solve a problem when the real solution is changing the law. The government is causing the problem and it needs to change. Most municipalities have laws like requiring massive parking lots, wide roads, etc and they completely ignore pedestrians and cyclists as an afterthought, making it dangerous for them to get around with a car. Making everything spread out so far for the car, which takes up a ton of space, makes it impractical to walk or cycle as well. We need cities to be built again like they were downtown in the old days. We had an experiment after WWII to have everyone drive, and it failed. Some people can't, some people clearly shouldn't, and it's not sustainable. We made huge changes then, having the government invest in roads and infrastructure and subsidizing the automobile and fossil fuel companies, so we can make big changes again today. Ironically though, the people against it are ignorant and take it for granted that we have roads today, because it was the government that made that happen. Yet they don't want the government to do anything today like building new sidewalks or bike lanes.

[@danieldaniels7571]

But what about logistics companies?

[@vanishingfox1339]

While I don't agree with everything you said I do think you have some great points, City planning is awful, people should walk or bike more but we have some limiting factors of course like where is the city located , how spread out is the city , where do we draw the line when its acceptable to dive vs walk, bike or use public transit. The simple solution is to make no vehicle zone within the city that make sense too, like major downtown areas but then you run into the problem of where are the people who are not from said city are going to park their car? How do the stores, building, ect get supplies and services/repairs completed? How do emergency responders get to people in a timely fashion? I cant see a car-less life for everyone in the US , its unfeasible with current technology, millions of people myself included will not move to a city to give my personal car or truck. Why? well I've done the city thing and its not for me, I don't like crowds all the time, I value my peace, privacy and love nature. In other words I can go touch grass at will , just feet from my door. But I think instead of pointing the finger at "Capitalism" and "Law" people should go back to community and culture. Changes start there and work their way out. Politics is down stream of culture. I think most people lost community as a whole but that's a big topic for another day.

[@eyesuckle]

Agree with your points. However, I think the EV--and more importantly, self-driving vehicles--are stepping stones to your idealized future (which is where we want to go). Self-driving cars will ultimately solve the problem of parking, as these cars will only have to park long enough to discharge or take on passengers before rejoining traffic. And I believe that ultimately they will solve the real barrier to the future you envision, which is North America's love of car ownership. For the majority of middle-class and poor people, car ownership will become an unnecessary expense, indeed, just a headache, when you can walk down your driveway and have a car waiting there for you within 30 seconds to take you on your way at city bus prices. No worries about charging, maintenance, insurance, registration, teaching your kids how to drive, finding parking or traffic jams. Ultimately, these vehicles should be able to coordinate their movements and eliminate traffic problems. Only fools, germophobes, or the very rich will insist on driving their own cars. Well, they and people who just love driving and the romance of cars. But I think they'll end up spending most of their time at the racetrack, the drag strip or the demolition derby. I have nothing against these people but they're now obstructing our way to a far more responsible and practical transportation infrastructure.

[@tomcat8662]

How does walking and cycling work out when it rains or snows? 🤔

[@vanishingfox1339]

@@eyesuckle lol well call me a fool then, I think as far as fully autonomous vehicles in the US goes its only logical to implement them in cities and and large metropolitan areas in the near future. As far as autonomous large vehicles ie Class 8 trucks there is no way you can allow them on the same road ways as passenger vehicles until you reach at least near 99% autonomous infrastructure due to the timing it takes for a collision to be avoided is much greater with the amount of weight being hauled. Other than the obvious safety concern you have to think about the legal responsibility, who will be at fault and who will pay the bill for damages. There are sacrifices that can be put into place such slower speed limits or separate road system for large vehicles and so on. I think EV and fully autonomous vehicles are going to take over but I don't agree with the ownership part for the whole country. Sure for the large cities and its suburbs it makes sense but for those who do not and can not move to the cities or its suburbs it doesn't work for them. It would very authoritarian to make this group of people relocate or leave them in the dark for transportation. Unless we are going to into split vehicle economy, meaning that cities get EV fully autonomous vehicles and rural small town get ICE or Hybrid or EV non autonomous which is perfectly fine. It would meet emission standards for the country as a whole. Again I'm only concerned about the problems from now to 15 years out with implantation of this tech. That's where the rubber hits the road per say. Don't get me wrong I'd love to take a nap as my car drives me home safely after a hard day of work, I just don't see it being a reality before I retire. And the point you made about the US not doing this is funny because I don't see any other country doing thing all in at the very moment for a lot of the same reason I mentioned. I'm still waiting on the promises from the 1940's of flying cars and food pills, I'm not saying it to be mean its just a reminder to check to see if these options are really as good as they seem. It all sounds good but what are the risk and rewards. EV at this moment are not zero emission, neither is solar due to the manufacturing and waste after the life of the product. We cant recycle 100% of it. Heck just sitting here breathing is emitting some form of emission. Do we need to be smarter about our emissions on our modes of transportation? Yes. Do we have to put all of our eggs in one basket,? No. Again I don't garment policies are the whole answer nor is technocracy. Its Community. Does your local Community feel that their is a need for this? City communities would most likely love this due to cleaner air, less noise and less traffic congestion.

[@PrincessUtkarsha]

"I think reporters at CNBC are big Hot Wheels fans 😁"

[@merovingian688]

Actually it can easily be made into a conversion RV if sold separately. They must be cheaper to maintain from a fleet perspective.

[@CrisCozy]

Let’s not forget Amazon started off selling books. Whatever it is you want to do keep pushing!

[@frankservant5754]

AMEN TO THAT

[@sterlingr2671]

How can Amazon be a great partner when Amazon own a big part of Rivian?!

[@rooster1012]

Amazon placed an order for 100,000 Rivian delivery vans that are slated for delivery by the end of the decade. Amazon also acquired a roughly 18% stake in Rivian as part of the deal. A Rivian delivery van in production.Jul 23, 2022 18% is not a "big" part and gives them no control in the company.

[@Anonymousaaa]

Manipulative media Trying to make it look and give boost to rivian as they succeed really well

[@XX-pp3bx]

@@rooster1012 18% is massive and absolutely does give them influence over the company lmao

[@thewavehunter]

U folks at CNBC do a great job on these EV and auto-related “series” stories - topical and informative. Please produce more.

[@colinwp8285]

2000 components, over 400 suppliers. Thats a mess for a modern auto EV business that had no legacy issues. Ford sold on it shares as the share continued to sink. Margins loss and EBITA loss and cashflow losses are mounting. Trying to drive 2 distinct part of the business at such an early stage is mad for any new startup and now the share price reflects the issues they are struggling to manage out. As I see it it needs more cash injection and its battery supply contained beyond the desire to increase production. R1T is a lifestyle pickup not a work pickup and its just too expensive when you add required specs. I would like to see then succeed but as present. It is not looking anywhere as positive as this CNC segment implies. 2000 components, 400 suppliers in a ramp up situation is not going to easy the issues Rivian faces. The R2 and a new plant in Georgia, too much stress, too much financial and a production strain. As for Jeep. It will never complete in that segment. Its an entirely different consideration. 100K Amazon fleet from now until 2030 is not many, R1 orders are not that many once one the initial run rate can deliver those, what next? Invest with caution.

[@tofer2152]

I was thinking the same thing. With all those suppliers and components, repair costs will be through the roof due to time and labor. It also makes growth in the company so much much harder. Potential conflicts in the world brewing threaten the supply chain as well. This company has major hurdles ahead of them.

[@davidg7454]

They have 98K backorders since Jun 30 and 100K orders from Amazon....yeah,..they'll fail.....NOT...learn how business works...always start off with big "losses" before gains. SEE TESLA

[@PeterT714]

Tesla didn't have major competition and was early. Rivian is facing major competition from every EV and car manufacturers now and they to start from basically the ground up.

[@unknownwelder6815]

I started buying at $15.xx today in January of 2023. I'm going to keep buying. I want an interview in the future if it does good.

[@gaileickhoff116]

I read about a man in his 50s that started investing in stocks then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years

[@verndubin2209]

@@noahfleming8982 1. Limit your spending/cut off retail therapy 2.Put the extra cash towards investing in high yielding or steady investment. 3. Get a financial coach/mentor to guide through your investing goal. These might look simple but they require good amount of willpower, but through mentorship, I've been able to consistently grow my portfolio to $800K and I'm looking forward to retiring at 50 as well and I only wish I started up early. Goodluck

[@gaileickhoff116]

@@verndubin2209 That's awesome 👏 if it is not asking too much, do you mind hooking me up with your coach

[@idellameyer7411]

@@gaileickhoff116 The consultant that guides and assist me is *Julia Renee Lindberg* you can check her out online and reach out to her through her website to book an appointment.

[@gaileickhoff116]

@@idellameyer7411 Thanks for sharing, just looked up the broker you mentioned on google and I'm super impressed with her credentials. I will be writing her an email shortly

[@circuit10]

If anyone sees this don't fall for this scam, this thread is all bots (see how their usernames are all formatted in the same way) Wow, this lasted a year without getting removed

[@dannymartial7997]

The front of the Amazon truck looks exactly like the Honda E

[@FinancialShinanigan]

Amazon is the rich dad to all their unprofitable children

[@johnl.7754]

Well Amazon not so long ago was the unprofitable free spending startup teenager.

[@davidg7454]

All startups start with a profit...said no one ever.

[@Gcor201]

Breakfast: Cinnamon Raisin French toast w/coconut maple syrup, applewood smoked bacon, diced cowboy potatoes. Sumatra coffee with coconut creamer. 8/28/22

[@sharonbepot2908]

Wow amazing I like what their bringing to the ev market

[@Mello675]

they’re*

[@UserUser-ic1fw]

@@Mello675 : native English speakers making spelling mistake make us cringe.

[@UserUser-ic1fw]

@@techtutorvideos : being grammer nazi is different than, correcting grammers that change meaning of sentence.

[@southrichmondtofl]

@@UserUser-ic1fw grammar**

[@pmb6667]

@@techtutorvideos The race to the bottom and the 'dumbing down' began over 20 years ago when people stopped correcting or caring about poor spelling and grammar. People were basically shamed into silence for maintaining decent standards due to comments like yours. That is why quality became even worse, especially on social media, and poor spelling is EVERYWHERE now -- even in publications people pay for. That's how badly it spread. Even people trying to learn English have picked up the bad habits of native English speakers. Shaming people for having standards is pretty bloody sad, actually.

[@jedimaster6442]

I saw one of these trucks today Dallas TX, I couldn't stop staring at it, looks nice

[@Dr_J_623]

Cant stand CNBC, but this was an exceptional video. Highly informative, entertaining, and just fun to watch.

[@LordWinter]

Why do you dislike CNBC?

[@Dr_J_623]

@@techtutorvideos it honestly has more to do with bias in general. I really hate how political everything has become in todays age. You almost litterally can not consume any media, without there being some political agenda. I hate CNBC because I remember when I used to wake up every morning for school, and id watch it. I always loved the news as a kid for some reason. Some of my best memories with my mom, are of us talking about some story we saw on the news, all the way to school, and then getting out and going home to follow up. And nowadays, is just political garbage everywhere you look. CNBC gets the brunt of it from me, because of the history I have with the network from my childhood, but the issue is truly with all news networks.

[@Dr_J_623]

@@LordWinter i hope my above comment can answer your question.

[@bm8641]

Lock him up, lock him up, lock him up ...

[@Ohiostategenerationx]

@@techtutorvideos no it's because of the lie's and being super biased. They support Demoncrats and never say anything good about Rebublicans. Fox on the other hand has people on both sides of the Isle that way you can hear thoughts from both sides. It's a huge difference.

[@tupperlake100]

My Amazon delivery person uses the electric van. It is very quiet. The driver said they drivei it all day and park it. Overnight is is charged. It should help reduce pollution.

[@happysalesguy]

I think if Rivian had concentrated on the Amazon delivery trucks and shelved the consumer vehicles, they might not have gotten so much buzz and the (temporarily) high stock price, but they would have been able to deliver the vans in large numbers and make money much, much sooner. I think it was a strategic mistake.

[@tooreal8968]

Majority of the people can't afford a $90K vehicle. Only people getting rich are the CEO and early investors.

[@josephwebster2909]

they should focus on getting prime video perfected before doing anything this big

[@danieldaniels7571]

Why?

[@davidg7454]

Buy stock in Rivian...it's a no brainer. The demand is there and will be there forever.

[@scottreagan9796]

The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊

[@klebercoutinho7349]

You're right 👍

[@klebercoutinho7349]

I bought Bitcoin and Ethereum August last year and I made 6grand into half a million after taxes. Now I took that half a milli.. basically made me more money than 35yrs in granding within 6 months. That's digital currency

[@ralondarogers563]

Life is so precious, when you know you own a property or an investment to always keep you on go...I have no regrets starting my journey in cryptocurrency.

[@laynie1717]

@@ralondarogers563 Excellent buddy how good are you earnings and do you have recommendations or suggestions?

[@laynie1717]

After watching several videos on KZbin tutorial about trade I'm still making losses

[@keithherbert1980]

The main thing I would worry about it durabilify. I work for a Ram dealer and the Amazon Promasters take an absolute beating. To the point where the driver door hinges have pulled the metal off the chasis. and have to be rewelded multipul times

[@danielcheng769]

Stuff like that has been accounted for during the design of the van, along with many other quality-of-life improvements for the drivers =)

[@johndallara3257]

Did the market pick Rivan or was Rivan the only option other than the obviously hated Tesla? Answer this honestly and this will factor into long term success and viability.

[@AllenHanPR]

My friends told me about Riv years ago, I have faith they will do well. But I wouldn't their stock until they reach low $20s.

[@pwells10]

Amazon recorded a 3.9B loss on Rivian holdings. How long will they tolerate this?

[@johnl.7754]

Well it took Amazon 14 years and billions of losses before it became profitable so they know a thing or two about it.

[@pwells10]

@@johnl.7754 right but I think they knew Amazon web services would be big enough thing to support the prime side of Amazon. What path to profitability does Rivian have? Tesla is killing Rivian.

[@greatestever8169]

It’s called investing in your company in the long-term future which a lot of people do not know how to think 25-50 years ahead…do you plan on living then? Delivery 🚚 isn’t going anywhere

[@pwells10]

@@greatestever8169 I am not investing for 25 years from now. Good luck if you chose to do so.

[@hiddeninternets5894]

@@pwells10 Tesla is killing Rivian? How? What a crap comment xD Tesla has promised a truck etc for many, many years. Where is this truck? Stop saying next year all the time xD Rivian dont talk, they do! ;-)

[@trnlft]

I see these all the time in my subdivision now.

[@finallygvsmall5215]

After researching the history of great assets such as real estate, dividend-paying stocks, gold, oil, and other commodities, Ive come to the conclusion that most excellent assets never come down to the price you want to acquire them at. Simply get the ones you can afford right now.

[@bianca6569]

Assets that can make you rich Bitcoins Crypto Stocks Forex

[@thasortnia.786]

Poor orientation has cause some failure in forex trade

[@phillip7188]

I didn't believe till I made a profit of $35,000 after two weeks of investment

[@mjzone9633]

«« | have been trying to get started, but i end up loosing out. Do you have a professional and most especially a sincere broker?>>

[@gassining5455]

@@mjzone9633 Is there really still a person who does not know about the existence of Donna 's coaching program? Well if you don't you're missing out.

[@JoseAlba87]

This is a better mail truck than what the US postal order.

[@doellison]

amazon becoming the definition of too big to fail

[@seriousbutfunny2]

Well, Walmart is pretty darn big too.

[@lancemarshall241]

WAY TO GO AMAZON; THANKS FOR DOING SOMETHING USEFUL FOR AMERICA AND THE WORLD!!!

[@danieldaniels7571]

I drive an electric vehicle for Amazon: a forklift

[@marcoAKAjoe]

Lol

[@mufflejoy]

This i brilliant - no mention of obfuscated 0-60 in 2 sec nonsense, just the business basics of running a car company. Sign me up.

[@American_Energy]

Rivian’s biggest test will be against Tesla’s upcoming commercial van and Cybertruck (same platform). Rivian’s R1T and commercial van need to be either better or cheaper… ideally both.

[@zakariamattu8613]

Exactly as Tesla has the advantage in the name brand but also experience

[@hiddeninternets5894]

@@zakariamattu8613 Haha, you mean truck they have promised for so many years. 😅Rivian dont talk, they do! ;-)

[@zakariamattu8613]

@@hiddeninternets5894 well atleast Tesla got cars in the road same can’t be said for rivian that existed for more then 10 years

[@blasphemertheseventh]

Please sell the van to the public sector. It will be the ultimate #VanLife van ever made!

[@Max_Jacoby]

I'm a big Tesla fan but I root for Rivian. Elon was too long without any serious competition and it might be boring for him. Rivian will help Elon to stay in shape and boost his incredible productivity 😎

[@BLUEPUNK86]

I can't wait to see Deasal generators running to charge these when they lose power. Green Energy seems great XD

[@Donkeyearsa]

I need to keep an eye on them. A delivery van could make a good RV and if you can recharge it using solar cells you might be able to be out as long as one's food holds out no need to go to town for propane or gas. The only question is how far can you travel on a full charge and what kind of weight can it carry.

[@vanishingfox1339]

As an fleet service technician that worked on everything from Refuse truck to delivery step vans and OTR trucks I see a huge flaw in this self catering model of we will fix these van with OUR OWN techs, 1. has anyone ever seen an Amazon fleet on a site ? I can tell you just one I work with has over 300 vans total and growing I work on these things all the time there is no way Rivian is going to supply enough parts and manpower to keep them going, I don't mean keep the motor going its everything around the chassis that needs repaired. A lot of these drivers treat them like bumper cars. So if they are having supplies problems now how will they keep up with demand. I hope these DSP keep that in mind. 2. Ford, Ram and Mercedes are going to be shelling out EV Transits, Pro-masters and Sprinters on modified persisting assembly lines giving them a huge advantage with end cost and parts availability. I think Rivian has a leg up on the a step van style or mid-roof but I think Rivian is best suited for Pick-up/SUV market due to they can sell the SHOCK factor (pun intended), city and tech people like EV's and can afford to have down time by getting a loner from a dealer ect, fleet owners cant afford the down time and spend money on rentals. So that leaves us with the Big van companies Ford, Chevrolet, Ram, Mercedes along special body manufactures like Utilmaster ,Grumman Morgan Oleson and Union City to make the EV vans more cost-effectively and have parts ready to go.

[@vanishingfox1339]

@@user-zlxelaZz idk how much I can say but I can confirm that 1 of the 2 site I work with is getting charging station installed right now. Ive been watching the progress unfold as I work right next to it. They are only installing 14 charging spots. Out of the 330 something parking spot in this site. The other site is next. Now rumor has it they are not getting Rivne here it’s supposedly fords but idk how true that is.

[@vanishingfox1339]

@@user-zlxelaZz Sorry should clarified they are only getting that many vans so 1 pre a charging spot.

[@vanishingfox1339]

@@user-zlxelaZz I just got off a meeting and verified they are getting Riven vans. I will be doing training on them in the coming weeks pre my company but Amazon is footing the bill. So I’m wondering what other fleet maintenance companies have the same deal. So that just backed my suspension on how they plain to keep them on the road. But that still leaves the parts problem. Honestly the training is just how not to fry yourself on the battery wire from what I’ve seen in the meeting.

[@vanishingfox1339]

@@user-zlxelaZz you are a 100% correct on all points. But I have to say getting parts on “normal” vehicles has been a lot better in the Midwest market compared to what I went though with class 8 trucks the past 2 years. I was downing trucks do to not getting parts for months. Most of them were for in-frame rebuilds.

[@vanishingfox1339]

@@user-zlxelaZz yes the Frightliner MT45 are true commercial tank of a delivery van so are the fordF59 and smaller e450 step van. I like working on the step vans the most due to most of my experience is on heavy class8 purpose build equipment that is barebones no sleeper or most interior is sheet meta and those step vans are as close as I can get to that where I am at now.

[@tira2145]

I support the EV market, but where is all this new electric power going to come from? My power company is building new coal power plants to support new demand. To drive a coal powered EV is not wise. We should slow the rollout down a little bit and not cause widespread power shortages. We only have 1 chance at this.

[@LuKe-cq9il]

Aren't nuclear plants pretty clean

[@williamwilkinson4756]

Producing EVs is worse for the environment than just driving gas powered vehicles

[@g00rb4u]

This video here kzbin.info/www/bejne/bX2wmKCdZa5jfaM outlines how misinformed your views are. We absolutely should not ramp-down the production of EV out of concerns about energy supply.

[@tira2145]

@@LuKe-cq9il they are, but we need to start building new ones, but we aren't. CA is shutting there's down. Natural gas is cheap compared to building nuclear power.

[@tira2145]

@@williamwilkinson4756 Yes, these people need to do research on the mining of lithium, nickel and cobalt in Africa. Litterly killing a entire generation of people.

[@burgerjointgame]

feel sorry for anyone who invested in Rivian at the IPO where shares were at $129 - it's $32 now, so that's a 75% fall. Hopefully shareholders keep hodling and the price climbs soon!

[@kratosdgo]

We need help the whole world ambient right now buying a EV cars. No more Gas ⛽ Cars or trucks that's why every summer is super hot 🔥🔥🔥🔥🔥

[@tira2145]

So we should burn oil, coal, and natural gas to power all these car's? That's not very smart. But, hey all those minorities that have to live around the power plants, dying from the pollution, that's not your concern.

[@milspec8283]

You realize 2017 was hotter than this year, and last year we never even hit triple digits where I live. EV is a scam, it's why you don't see politicians driving them, they just try to force them on people.

[@danieldaniels7571]

No. The sun is why summer is super hot.

[@Mehdi-qp1tz]

really well-crafted video. I like this a lot and I was happy to learn more about one of my favourite automotive companies.

[@BrokebackBob]

That van looks almost exactly like the new United States Postal Service van. Hmmmm..

[@Edzo-t9v]

As a step van driver honestly can’t wait to see these lol looks cool asf

[@tmada8270]

Talk about insider trading

[@mahdimzadeh]

"Fleet sales have become big business for auto makers" got to be the best sentence in this video 😂😂😂 Minute 6:58.

[@coldfinger459sub0]

Only with Amazon and Ford did they finally have a chance of becoming a viable market player. Before I was about to write them off and knew they were gonna basically fail or struggle for a very very very long time before they took off. Ford is incapable of doing the R&D but they’re banking on they’re already heavily invested in trucks because they can’t make money on cars so they know if they help back Riviana it’s basically outsourcing and then if it takes office license proves viable they’ll just buy out the company or buy into it. And with Amazon as testing vehicles they will be able to do real world R&D in on the spot modifications and high mileage high number test

[@curtisrader957]

i dont think bezos will let it fail. he will continue to try to chase his idol musk with his cars and blue orgin but will never actually get close

[@bencrilly209]

.. I can guarantee you that f150 lightning would have not be here today if it wasn’t for the success of the model 3 and the Tesla supercharging network .. which ford and rivian have no answer too yet ..do you think if ford or rivian owned the Tesla supercharging network they would open it to a competitor? Absolutely not

[@DETSRC313]

It will definitely be bought out by either Amazon or a car company.

[@firefly4907]

That's how the companies roll, ford or amazon will eventually try to acquire complete ownership of rivian once it succeeds.

[@longterminvestmentsonly4817]

Ford sold all of their shares of rivian months ago when rivian shares dropped 70% because of forward guidance. Rivian is the reason amazon stock fell 30% 1st quarter. I believe in rivian and i hold 500 shares at this moment, because of the amazon backing, but they are having a lot of issues with production and supply chain issues, but they will probably be second to tesla soon because of the pickup truck and suv. Ppl want new products and nobody has come close to producing a suv, and ford will probably have to buy one of these companies to compete because no one wants fords.