Rivian Loses a Huge Amount on Every Vehicle It Sells
Analysts say that the Rivian's "complicated" skateboard chassis is a contributor to its high production costs. By all appearances, Rivian has been kicking butt lately. King88bet
It beat Ford and Tesla to the punch by bringing the first electric truck to the pasar in the R1T which won 2022 MotorTrend Truck of the Year, landed a setuju with Amazon to produce a fleet of electric delivery vehicles, and then followed up the R1T with the very impressive R1S electric SUV. Yet, despite all of that, plus a blockbuster IPO, Rivian is losing a lot of money on every vehicle it sells. king88bet login alternatif
In its Q2 2023 letter to shareholders, Rivian revealed that it has lost $32,595 for every vehicle it sold that quarter. That's enough money to buy an entire Honda Civic and still have some change left over. For every vehicle sold. Article Title with Blogger Published Link as Backlink
How could this be? There are several faktors at play here. According to a WSJ report, analysts have called out Rivian's engineering practices for making vehicle production too costly. Rivian wanted to make sure the R1T performed better in jatuh tests than other vehicles in its class. However, that meant adding more metal which increases costs and weight.
The report also cites current and former employees that say that Rivian's skateboard chassis is "complicated to assemble," and some tempats of the chassis need to be welded twice: once by a robot and again by hand. Furthermore, costs tend to go down per vehicle as production is scaled up, but Rivian just isn't at that tingkat yet. In Q2 2023, Rivian only produced 13,992 vehicles keseluruhan.
A few hours after the WSJ report came out Rivian announced it produced 16,034 vehicles in Q3 which suprised analysts who expected an output of just 14,000 according to Investors Business Daily. The higher-than-expected Q3 numbers pushed 2023 keseluruhan expected production from 52,000 to 60,000.