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One of many huge hopes for the US electrical automotive market is the Rivian R2. That is the automobile from Rivian that might actually pull the model into the mass market. It’s a bit just like the Mannequin 3 was for Tesla (however, in fact, fairly completely different because the Mannequin 3 opened up the market tremendously and the R2 just isn’t even near being the primary EV in its class). Can Rivian stand up and attain profitability on the again of the R2? That’s the golden query.
The excellent news is that the Rivian R2 is getting near manufacturing. Final week, Rivian posted the next replace on LinkedIn: “R2 manufacturing validation builds are rolling off the road in Regular! 12 months in the past, this was a grass discipline — unimaginable work by our groups to get our R2 plant constructed so rapidly!”
So, no, these usually are not manufacturing fashions on the market but, nevertheless it’s getting shut! Rivian included these pictures together with the submit:
Notice that whereas the Rivian R1T and R1S begin over $70,000, the Rivian R2 is meant to start out at simply $45,000 — Tesla Mannequin Y vary.
The R2 shall be produced in Regular, Illinois, initially, however then can even be produced in Georgia as manufacturing ramps up. Rivian’s max annual manufacturing capability in its Regular manufacturing facility is 215,000 automobiles, and that will presumably embody 155,000 models of the R2. Including in manufacturing in Georgia, Rivian might produce lots of of hundreds of the automobile. Can the corporate do it? Would prospects come over en masse from Tesla to check out the subsequent new factor?
It has taken Rivian a very long time to get to mass-market manufacturing and semi-affordable electrical automobiles, nevertheless it seems to be like the corporate is nearly there. Keep tuned!
All pictures courtesy of Rivian.
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