Company founder and CEO RJ Scaringe said that the base for an expansion on the Old Continent has already been set.
, which will be smaller and more affordable, will spearhead the European expansion.
Asked about why Rivian hasn’t updated its production and delivery guidance figures to more optimistic figures, considering it has had a record second quarter, Scaringe said that he prefers to underpromise and overdeliver so that all the risk factors that could potentially disturb production are taken into account.
As for the firm’s reluctance to detail the production and delivery figures for the passenger and commercial side of things, Rivian’s CEO said that going forward, their focus will be on the R1S, R1T, and future R2-based vehicles, while the Amazon EDV will amount to roughly 20 percent of the company’s manufacturing efforts.“If you think about over the full year, we’ve guided to roughly 20 percent of our production [for] the commercial vans,” RJ Scaringe said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Interview: Nanoleaf CEO Talks About New 4D Screen Mirror & LightstripWe got a chance to chat with Nanoleaf’s CEO Gimmy Chu to talk about their new 4D lighting system they released for TV's and monitors. interview
Baca lebih lajut »
Amazon-Rivian deal sends shares to new highRivian shares hit a new high after Amazon announced it was taking the auto company’s technology to Europe with first rollouts in Munich, Berlin and Düsseldorf, Germany.
Baca lebih lajut »
Amazon Now Has Over 5,000 Rivian RDVs Making Deliveries Across The USThe e-commerce giant says that the Rivian-made vans have delivered more than 150 million packages across the US.
Baca lebih lajut »
How To Tow-Charge a Rivian—Uh, Maybe Just Don't Do ItWe tested several methods to tow-charge an EV, including putting the EV in drive and reverse. But every one of them was a bad idea.
Baca lebih lajut »
Rivian stock on track to best since DecemberRivian Automotive Inc. stock was poised to end at its highest since Dec. 19, up 5% and the rare spot of green amid broad equity-market weakness. Rivian also...
Baca lebih lajut »
Rivian stock rises toward 8th-straight gain after Wedbush gets more bullishRivian's stock rallied Friday toward an 8th-straight gain, after Wedbush analyst Dan Ives boosted his price target by 20% as the EV maker sees...
Baca lebih lajut »