Watching this IPO closely today….ticker symbol: RIVN
This should be the first indicator of how hot the EV truck market really is. Everything until now has been half-hearted attempts at a mass produced electric truck (inc. the E Hummer). Looks like Rivian may be the real deal.
Ford already owns 13% and Amazon owns 20% of Rivian but today we all get a chance to buy-in. I’m expecting a rocket ride, much like the Tesla story. Time will tell.
Korby7 (11-10-2021)
Do you really think the Hummer EV is half-hearted? I thought it was built on the new EV platform that GM will be using for their future vehicles, albeit built as a halo vehicle and not one for the masses. I think GM's technology is there, even if it's not accessible. Rivian is priced more reasonably. I agree that it will be interesting to watch Rivian's future.
As far as tech and scaling, we have been following the new platform by GM used on the new Hummer and really believe it is far from half hearted. Honestly feel that it will be able to be scaled faster than Rivian's and have a better support network. The Rivian suspension is really cool if you get a chance to look into it and I think outside of Tesla they have the best opportunity to succeed as a company that is not one of the big 3. The issue is time matters, I know that while not all GMC dealers will be setup to service the electric hummer right away the chance of me being somewhere and being able to get service if I need it is much higher with a GM product than a startup. Yes, its electric and should not have many issues but these vehicles are rolling computers and things happen.
Current:
2006 Red H3 Adventure/ luxury- 37" iroks, HD tierods, steering rack kit, custom front IFS HP Dana 44 diff with Yukon zip locker, Np241 manual T-case, 6.0L VVT/ 6L90 swap
2007 Black H3 Luxury- 1.25" bodylift, elocker, 4:1 t-case, steering rack kit, custom front IFS HP Dana 50 diff with truetrac, 37" bfg km2, H3x 18" wheels
2008 White H3 Adventure
2009 White H3 Alpha Cammed 6.0L and 35s
Past:
2009 Black H3T base on 37s- Sold
2008 Black Alpha x on 37s -Sold
2008 Victory Red Alpha x -Sold
2006 Yellow Adventure 5 speed on 35s -Sold
2006 Grenade Green Adventure -Sold
2006 Black Adventure Lux on 35s -Sold
As a reservation holder of a Rivian R1T, I have been watching Rivian for a while. I think their approach to the EV Truck has been exceptional. It certainly will not check all of the boxes for most conventional truck buyers, but I think it will accelerate EV Overlanding and EV Adventure vehicles to a level that does not exist today. I think they really did their homework while developing their platform and are probably the best EV startup to follow Tesla. Unbelievable rocket ride with the IPO this week. I expect they will have their growing pains similar to Tesla, but they have the benefit of learning and avoiding some of the same mistakes. I’m looking forward to attending a first drive event and get a chance to really inspect the platform soon.
B I G 2 D A B A N K
2005 H2 SUT, Desert Sand
The stock price action on the opening day was very volatile. Looks like it’s gotten slightly more stable since then.
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2016 RAM 2500 Power Wagon
1995 Jeep ZJ V8
NR6E
Well I finally did it. I bought some RIVN today…$44/share. Gonna sit back for a couple years and see if they can actually produce a truck that lives up to the net-hype.
Bought some FSR too.
I bought Lucid a few months back, it went up strong, I sold and it has been in the dumpster ever since. Haven't been following Rivian too closely.
1998 H1 Open Top
1994 H1 HMC4
1992 H1 HMC4 LE
1990 1025 Armament Carrier
KJ6JCC
BlackSheep Hummer Squadron, H1 PsychoSquad
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