$Rivian Automotive, Inc.(RIVN)

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HenryHoward
2023-12-09

$Rivian Automotive, Inc.(RIVN)$ currently US sells some 3M trucks and 6M SUV, the question is what % of that will belong to EVs going forward? Based on product it is likely that if EV take market share from ICE vehicles then Rivian will be a leader among EV manufacturers. Each 1% market share means 90,000 vehicles. Today EVs have a 7.9% market share of total US AUTO market, transfer that to trucks and SUVs and you will see some 720,000 vehicles a year and I would expect Rivian to dominate this segment since they have a very good product.

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