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Ill admit it Im very much on board Rivians EV train to Adventureland.
But theres a lot that could derail the companys ambitious plans.
Thats a long time to wait, and the auto industry isnt standing still.
I believe so, and heres why.
Both EVs share the same platform, and the R3s mass production depends on the success of the R2.
And lets not forget that the Model Y was the worlds best-selling vehicle in 2023.
ThinkGroup B rally carslike the Lancia Delta Integrale or Audi Quattro and you have the right idea.
Consider this: the R3s wheelbase is 5 inches shorter than the R2s.
Its expected to cost less, however, with an estimated base price of about $35k.
In other words, the Tesla / Elon fatigue is real.
Not to mention, Rivian beat Tesla at revealing a more affordable EV.
And full disclosure Im saying this as the very satisfied owner of twoTesla Model 3cars in a six-year period.
Regardless, its a rocky road ahead for Rivian.
Two years is a long time in EV land.
History will repeat itself
Finally, will consumers invest in Rivian when the company is still struggling?
Will Rivian be around to support these EVs in the future?
Those are all valid questions, but I believe that history will repeat itself.
After a couple of difficult years and what Elon called production hell, the company thrived.
Keep in mind that Rivian has a decentcommercial EV business, which will likely help keep the company afloat.
Rivians technology is also being integrated into custom vehicles.
For example, Morgan Olson is using Rivians EV platform for Canada Posts new electric mail delivery van.
That awesome R3X depends on it.
