Here comes the electric pickup

[TheIglu]

“Rivian Automotive Inc. fell short of its 25,000-vehicle production target for 2022, capping a challenging year for the electric-truck startup. Rivian said in a regulatory filing that it produced 10,020 completed vehicles in the final three months of 2022, bringing its total for the year to 24,337. The company delivered 20,332 of those vehicles to customers.

… Supply-chain issues forced Rivian’s sole factory in Normal, Ill., to close for 20 days this past year, and shut down early for an additional 50 days, he wrote.

… The company sought to prove to investors that it could mass produce its vehicles and deliver them to more than 100,000 preorder customers. Early in 2022, it cut its production forecast for the year to 25,000, from 50,000.

… Rivian shares surged follow-ing its November 2021 initial public offering, but declined throughout last year amid its production challenges and a worsening economic outlook. Shares have fallen more than 80% from the high, closing Tuesday at $17.34, for a valua-tion of about $15.3 billion.”


https://www.wsj.com/articles/ev-star...et-11672788861

"714 vehicles are currently being factory gated, including those awaiting parts, software validation, wheel alignment, upfits and charging".

So they made the 25k mark as far as assembly line, but couldn't qualify 714 as completed for these various reasons.

[e30addict]

Can't believe they are doing so poor with such amazingly reviewed vehicles and partnership with Amazon

Bars should be a cash cow yet fail all the time. Shit management can ruin lots of good products, just like good management can carry shitty ones far.

A direct Rivian example is how they handled the price increase and quick walk back when people bitched. They're still a relatively new company that doesn't have the luxury to absorb such things. It was a good call to raise prices to keep up with the "supply chain" bs, but it was stupid as fuck to walk it back. They would have lost some people for sure, but still easily could have sold every single vehicle they produced last year at a more realistic price and still have had people lined up and waiting.

"714 vehicles are currently being factory gated, including those awaiting parts, software validation, wheel alignment, upfits and charging".

So they made the 25k mark as far as assembly line, but couldn't qualify 714 as completed for these various reasons.

That's one take away. Another is this

Early in 2022, it cut its production forecast for the year to 25,000, from 50,000.

[RandyO]

It will take electric NASCAR racing for the general public to accept electric vehicles

[Vovchandr]

It will take electric NASCAR racing for the general public to accept electric vehicles

EV's have no problem with being accepted by the public

The United States has now crossed 6% in total EV market share, working toward its goal of a 50% share by 2030.

EV's won't ever work for some people but no one car works for everybody some buy did diesel trucks, others buy luxury cars, performance super cars, motorcycles etc.

There are still people in Alabama that won't ever buy "Jap crap" or "Korean junk" even though they are the market dominant forces for vehicle sales and very well "accepted by general public"


So no, no need for Electric Nascar races...

[Garandman]

Right now, demand for EV’s exceeds supply. Per the WSJ article above, that should change some time in 2023, but personally 2024 wouldn’t surprise me.

Man, riding that IPO was fun for a second. Return isnt looking so good now... Hopefully long term they will start to actually increase in value again. Can't believe they are doing so poor with such amazingly reviewed vehicles and partnership with Amazon

One of the commentators on Tesla states the EV manufacturers have been valued as technology companies (where cost of goods sold after development is very low) but will revert to the valuations of other vehicle manufacturers.

[tsorfas]

EV's have no problem with being accepted by the public



EV's won't ever work for some people but no one car works for everybody some buy did diesel trucks, others buy luxury cars, performance super cars, motorcycles etc.

There are still people in Alabama that won't ever buy "Jap crap" or "Korean junk" even though they are the market dominant forces for vehicle sales and very well "accepted by general public"


So no, no need for Electric Nascar races...

Although I agree there’s no need for electric nascar it d be kinda lit and awesome.
Imagine 24 hour lemans with EV. Swapping full blown batteries and tires.

[Point37]

Although I agree there’s no need for electric nascar it d be kinda lit and awesome.
Imagine 24 hour lemans with EV. Swapping full blown batteries and tires.

they would have to make the batteries easily removable...jack up the car and swap underneath to keep the center of gravity low or maybe swap just the whole undercarriage (similar to a canoo ev platform) or the whole car while the other car charges...only race in the dry weather since a crash resulting in a cracked battery housings and water + lithium would probably kill the drivers pretty quickly and ruin the track...and there would be no loud engine noises so they would have to add large speakers to the cars or the hearing protection companies would take a huge hit

[PurplePackage]

Right now, demand for EV’s exceeds supply. Per the WSJ article above, that should change some time in 2023, but personally 2024 wouldn’t surprise me.




One of the commentators on Tesla states the EV manufacturers have been valued as technology companies (where cost of goods sold after development is very low) but will revert to the valuations of other vehicle manufacturers.

They have it backwards. Vehicle manufactures will need to rise and meet the EV demand or be stuck with "we just make cars" valuations. We're past the early adopters stage and are at the beginning of the early majority stage. In 5 more years, we're going to have a "why don't you have an EV yet" thread.

[tsorfas]

How they figure it out is on them.
EVs are coming. In every day, in trucking, in Motorsports. There’s no denying it any more.

[tls25rs]

Have any of you watched the Formula E racing https://www.fiaformulae.com/en though in some ways the racing is very good the gamification of the racing with boost zones and things like that are a little bit of a turn off to some.

[RandyO]

they would have to make the batteries easily removable...jack up the car and swap underneath to keep the center of gravity low or maybe swap just the whole undercarriage (similar to a canoo ev platform) or the whole car while the other car charges...only race in the dry weather since a crash resulting in a cracked battery housings and water + lithium would probably kill the drivers pretty quickly and ruin the track...and there would be no loud engine noises so they would have to add large speakers to the cars or the hearing protection companies would take a huge hit

or do what racing does, it advances technology, maybe even the 500 mile battery, or even better, the motor that requires less electricity

get a bunch of southern rednecks to play around with it, and see what you come up with. NASCAR would change the naysayer's minds

[e30addict]

or do what racing does, it advances technology

That's more F1.

NASCAR is just BS engineered entertainment at this point.

When was it when they abandoned carbs and advanced all the way to throttle body fuel injection? Some pretty cutting edge shit right there

[PurplePackage]

You can't put an EV in a NASCAR race. Apples and oranges.

[Vovchandr]

or do what racing does, it advances technology, maybe even the 500 mile battery, or even better, the motor that requires less electricity

get a bunch of southern rednecks to play around with it, and see what you come up with. NASCAR would change the naysayer's minds

Yes, the Nascar boys will sit down in their sheds and develop more efficient semiconductors technologies and batteries.

After a decade of building new semiconductor fabs for research at a cost of billions of dollars for each team, and then another decade of developing new microchips and battery technologies they will finally implement them into a race that no southern hillbilly will watch as electric cars are bad at exactly the few things that attracts people to Nascar, high speed, noise and longevity.

Yep yep. Sounds about right.

Forget the Electric Formula race series. It's going to be the Nascar that revolutionizes everything

[FriskyDingo]

The WHINE

[FriskyDingo]

There are still people in Alabama that won't ever buy "Jap crap" or "Korean junk" even though they are the market dominant forces for vehicle sales and very well "accepted by general public"...

Funniest thing is, they actually MAKE them and still refuse to drive them, no Alabama pride for team Hyundai

[RandyO]

https://www.foxnews.com/auto/nascar-...aked-documents

sooner than you guys think

is the anti NASCAR vibe another form of racism and prejudice?

[e30addict]

efforts are being made to add an entertaining sound to the otherwise near-silent electric drive.

[Gixxer]

Don’t Mustang GTs and BMW M3s pipe in artificial sound? Or do I have them confused with the Indy Colts?

[e30addict]

Don’t Mustang GTs and BMW M3s pipe in artificial sound? Or do I have them confused with the Indy Colts?

There are several cars that do that now, BMW included. I'm not sure a V8 spinning 8k needs augmentation, but I believe they did so in the I8.

[e30addict]

is the anti NASCAR vibe another form of racism and prejudice?

More snobbish for me. The "tech" in Nascar is archaic and far from the days of race on Sunday, sell on Monday. The handholding and censoring of drivers is bs as well. Part of the show was the aggression and pummeling those guys used to dish out. Now they get fined and pee pee slapped for going off script.

NASCAR came from running shine and always had that kind of outlaw mentality. Now its all about image, the numbers and is more of a rigged show, instead of a real race, which is boring as fuck.

V8 Supercar is where Nascar should be now before it was dumbed down for the masses.

[RandyO]

electric cars still make tire noise, tire noise, is probably the loudest noise that most ICE cars make as well. in reality, electric cars will not be any quieter on the highway

[e30addict]

electric cars still make tire noise, tire noise, is probably the loudest noise that most ICE cars make as well. in reality, electric cars will not be any quieter on the highway

It's not an exciting noise though. A race that sounds like a basketball game from the squeeking is lacking in soul. The overall experience is a bigger draw then the actual "racing".

[Vovchandr]

electric cars still make tire noise, tire noise, is probably the loudest noise that most ICE cars make as well. in reality, electric cars will not be any quieter on the highway

Confidently incorrect.

Clearly you're not aware of the foam that comes in Teslas OEM tires and other methods of eliminating NVH in E cars.

[PurplePackage]

https://www.foxnews.com/auto/nascar-...aked-documents

sooner than you guys think

is the anti NASCAR vibe another form of racism and prejudice?

They already did this, just at 1:50 scale