Tag: RIVN
-
Tesla’s Loss of EV Tax Credits Could Spark Price Wars, Impacting Rivian
Implications of the Tax Credit Change Tesla has clarified that the performance trim level of the Model 3 will still be eligible for the tax credit. However, the more affordable versions will not qualify. There is a possibility that the automaker may pass on some savings to consumers. According to the Inflation Reduction Act rules, […]
-
Rivian’s Road to Recovery: Scaling Production and Closer to Breakeven
Scaling-up Production, Securing Major Contracts Rivian is initially focusing on the production of larger vehicles, including pick-up trucks, SUVs, and commercial vans. Its R1T premium pick-up has gained popularity among affluent customers in the United States, and the R1S SUV is scheduled for delivery within the next few quarters. Within less than two years, Rivian […]
-
Rivian Automotive Gains Momentum: Leasing Program and Non-Exclusive Partnerships Signal Potential Stock Rally
Leasing Program Potentially Boosts Demand Leasing programs may not typically generate immense excitement, considering they account for approximately 20% of new vehicle sales. However, when it comes to luxury or high-priced vehicles, leasing plays a significant role. For example, luxury brands such as BMW, Audi, and General Motors’ Chevrolet heavily rely on leasing, with figures […]
-
Bubble Burst: Nio and Rivian Face Revenue Slump, but Diverge in Strategy
Nio’s Position: Slowing Growth and Shrinking Margins Nio stands out from its competitors with an extensive network of battery swapping stations, which enables swift battery replacements for its drivers instead of relying on traditional charging stations. Despite doubling its total deliveries in 2020 and 2021, Nio experienced a 34% growth to 122,486 vehicles in 2022. […]
-
Rivian’s Rollercoaster Ride: Stock Plummets 65% as Investors Lose Faith in the EV Race
65% Drop in Rivian Stock Rivian has found the electric vehicle (EV) sector to be a challenging business, as seen by the almost 65% decline in its stock price over the past year. Contrast this with Tesla, a competitor, which, despite experiencing a sell-off, has partially recovered and is currently seeing a 31% decrease in […]
-
Rivian’s Race to Deliver: Will the Electric Vehicle Startup Live Up to its Promises?
Rivian’s Test Your Patience With Delivery Delays Customers and stockholders are growing more and more impatient with Rivian’s ongoing delivery delays as the electric car industry continues to heat up. Among those losing patience with the corporation is Big Sky, Montana resident Stuart Goldberg, a stakeholder from the initial public offering. He placed two deposits […]