Rivian CEO issues strong statement about people who purchase gas-powered cars: ‘Sort of like building a horse barn in 1910’::“I don’t think I would have believed it.”
Rivian CEO issues strong statement about people who purchase gas-powered cars: ‘Sort of like building a horse barn in 1910’::“I don’t think I would have believed it.”
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and it’s only $40,000 to repair a bumper dent! such value!
https://www.thedrive.com/news/rivian-r1t-fender-bender-turns-into-42000-repair-bill
Ah, because the only EVs in the market are Rivian ones.
That’s true but you have to consider how much of the car market is made up of used cars. When I was last shopping for cars (4 years ago) there were hardly any EVs in my budget and the ones that were, were 10 year old Priuses. Most people frankly don’t have the income to buy anything more than a gas car. (Market for EVs may have changed since my experience). The way I see it is the CEO is making a good point while also shitting on poor people.
The first response from Google shows me several late model used Nissan Leafs for around $15k. Those didn’t have much range but plenty for most people’s day to day
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I believe that from his comment (“what are you going to do with that in 10 years”), he was implying buying new cars. I see nothing odd in buying used ICE cars, but I wouldn’t dish out for a new one at this point.
Now if you buy a used car for 10k now, you’ll probably have a harder time getting value out of it in 10 years vs. EV.
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Not only the cost, but there’s also the issue of infrastructure. I as well as many others in my city don’t have a garage and park either on the street or on a parking pad in the alley. I wouldn’t imagine a power cord running to a vehicle lasting very long because of the scrap prices of copper. We’ve got a long ways to go.
Average transaction price for a new vehicle in the U.S. is already at $48k. Plenty of electric models are below the average price by now.
The fact is, if you’re considering buying a new car, you’re already on the richer side. So this message is mainly aimed at those richer Americans considering a $73,000 F-150, that they might want to consider a $73,000 Rivian instead.
Even in that instance the Lightning is a better deal.
All these products have to come to market in order for prices to eventually come down. People need to see that they have viable options to gasoline cars.
In Norway, more than 80 percent of new cars sold are electric. There are many other options that don’t cost $73,000. Rivian is just one option.
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