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Over/under on what year it will actually ship to customers? If they are targeting late 2026 for the R2,then my most optimistic huess is late 2028 for small volu
by pie420 3y ago
Over/under on what year it will actually ship to customers? If they are targeting late 2026 for the R2,then my most optimistic huess is late 2028 for small volumes of the R3, to ramp up through 2029. Seems almost silly to announce it this early.
My guess is they'll need an additional $4-6 billion to make it to then, even if they aggressivle cut costs and increase margins
- Kon-Peki 3y agoThe R3 is heavily based on the R2, so that will reduce the cost and time to market somewhat. They also said that they are pausing their spending on the Georgia factory and will build the R2 in Illinois. I don’t know how much they’ve been spending on the new factory, but that will be some amount of cost savings. One thing that concerns me is that the R3 is getting a lot more attention than the R2. If all the buyers skip the R2 and wait for the R3, they aren’t likely to survive. Rivian needs to do some clever marketing around the R2. They briefly showed the R2 with all the seats folded down. Run with that… I have a Subaru Outback that will need to be replaced in the next few years. One of the things that I actually do with it is to fold down the front passenger seat and the passenger side 2nd row seat. And then load it up with 2x6s from Home Depot. Close all the doors, drive away like normal. What other vehicle can do that nowadays? The R2.
- cchance 3y agoEspecially considering the R3 is at a minimum 1-2 years out realistically