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This was interesting news out of Rivian in their latest S1 filing (R1 vehicles 65K per year Vans 85K per year), they are planning to build more of the Amazon Vans than they are the R1S and R1T combined. I find this news interesting, and wonder if Rivian has underestimated the market for their Pickup and SUV's? Personally I think EV's are really going to grow over the next 5 years and gain big chunks of market share, especially in large SUV's and crossovers. With High gas prices that dislike hitting the nitrous for the EV adoption rate.
I found this van decision interesting, also because GM is setting up a full line to build BrightDrop vans, and planning to build 10's of thousands per year. How big is the market for these vans? If the cost saving is as high as BrightDrop says it is ($7K per van per year) companies will be forced to replace their entire fleet as quickly as possible, because you simply will not be competitive if you have a fleet of ICE vans. Then we have the post office which is in the middle of a fleet replacement, the potential is huge.
I found this van decision interesting, also because GM is setting up a full line to build BrightDrop vans, and planning to build 10's of thousands per year. How big is the market for these vans? If the cost saving is as high as BrightDrop says it is ($7K per van per year) companies will be forced to replace their entire fleet as quickly as possible, because you simply will not be competitive if you have a fleet of ICE vans. Then we have the post office which is in the middle of a fleet replacement, the potential is huge.