KittyBruno
2022-12-16

$Rivian Automotive, Inc.(RIVN)$ They already have one plant that can't produce, Mitsubishi could produce three models simultaneously at a rate 200000 cars a year there, unfortunately there was no market for their product. Rivian can't get 25,000 a year out the door. Maybe they should get going at a rate of 100,000 a year and see if they have a market before expanding. EV headwinds are coming with all major manufacturers getting into the marketplace. No one knows yet just what the market is for EV's. With power grid limitationns and range limitations there is a lot of infra structure to get in place before we could even support 25% of vehicvles EV. Solar isn't going to charge the cars that get plugged in over night, and wind is acouple percent of the power generation.

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Comments

  • boardy
    2022-12-16
    boardy
    Old school auto manufacturing takes years to get running efficiently.
  • setia100
    2022-12-17
    setia100
    Try 1 easy option 1st๐Ÿ˜‚
  • Sonoma
    2022-12-17
    Sonoma
    Thank you for sharing
  • d72dka333
    2022-12-16
    d72dka333
    rivian meh
  • ZeroG
    2022-12-19
    ZeroG
    K
  • holdnotfold
    2022-12-19
    holdnotfold
    t
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