mackinaw Posted April 25, 2019 Share Posted April 25, 2019 4 minutes ago, barney9014 said: Rivian couldn’t sell their own brand with the GM deal? Nope. From Bloomberg: "Scaringe’s grand plan helps explain why talks that would have given GM a stake fell apart. With both consumers and businesses showing interest, Rivian is rebuffing a deal that may have required a level of exclusivity that would have kept it from building vehicles for others." Quote Link to comment Share on other sites More sharing options...
BarneyFord Posted April 25, 2019 Share Posted April 25, 2019 (edited) I found my info online too. Haha. From: CNBC. Edited April 25, 2019 by barney9014 Quote Link to comment Share on other sites More sharing options...
rmc523 Posted April 25, 2019 Share Posted April 25, 2019 16 hours ago, NLPRacing said: Maybe Ford will build a city delivery van on the Rivian chassis and sell them to Amazon? Could be. One thing I did think of with this - seems like a perfect way for Ford to tie up with Amazon for not only delivery vehicles, but also for that commercial cloud mobility network thing (or whatever it actually is) that Ford has been working on - so even if Ford doesn't wind up providing the vehicle product, maybe they provide the infrastructure system for them? The same could be said for Rivian products if they are trying to branch into the lifestyle aspect (with trips, gear, etc included) - perhaps the Ford interface/network system is used? 14 hours ago, barney9014 said: Rivian couldn’t sell their own brand with the GM deal? I don't think that would've been it - I'm sure Rivian itself would've been able to sell its own products, but they wouldn't have been able to sell the tech to companies other than GM. At least that's the impression I got. This deal with Ford seems to be that they're still able to sell to companies along with Ford. Though like someone said earlier, Ford has a seat on the board as part of this deal. 2 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted April 25, 2019 Share Posted April 25, 2019 (edited) Rivian is the next Tesla except that they are doing it the right way, inviting in a major investor, Ford in for a piece of the action and a manufacturing contract - guaranteed bulk order... I bet GM came in all strong on the deal, thinking it would lock out Ford with an exclusivity deal........ Edited April 25, 2019 by jpd80 Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted April 25, 2019 Share Posted April 25, 2019 1 hour ago, rmc523 said: Though like someone said earlier, Ford has a seat on the board as part of this deal. I think that's more to help them get their manufacturing process in order given that it's Joe Hinrichs who holds that seat. He's been in charge of all things manufacturing for Ford for years now. 1 Quote Link to comment Share on other sites More sharing options...
bzcat Posted April 25, 2019 Share Posted April 25, 2019 1 hour ago, fuzzymoomoo said: I think that's more to help them get their manufacturing process in order given that it's Joe Hinrichs who holds that seat. He's been in charge of all things manufacturing for Ford for years now. Yes, I agree. Rivian probably wanted some expertise in manufacturing (unlike Tesla...) so they were willing to take investment and knowledge from an established car company. I think ultimately, Rivian decided it was better deal to give a board seat to Ford than being tied to GM exclusively on collaborations. Although as I mentioned before, while Ford appears to not demand exclusivity, by virtue of having a board seat, they have an inside view of everything Rivian does so I'm not sure who else would want to really collaborate with Rivian knowing Ford will know all their EV plans. 1 Quote Link to comment Share on other sites More sharing options...
MY93SHO Posted April 25, 2019 Share Posted April 25, 2019 Mentioned here that the first Ford/ Rivian is a commercial vehicle. Quote Link to comment Share on other sites More sharing options...
msm859 Posted April 25, 2019 Share Posted April 25, 2019 4 hours ago, jpd80 said: Rivian is the next Tesla except that they are doing it the right way, inviting in a major investor, Ford in for a piece of the action and a manufacturing contract - guaranteed bulk order... I bet GM came in all strong on the deal, thinking it would lock out Ford with an exclusivity deal........ Rivian would not exist except for Tesla. An no one would be interested in them except because of Tesla. 2 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted April 26, 2019 Share Posted April 26, 2019 (edited) 5 hours ago, msm859 said: Rivian would not exist except for Tesla. An no one would be interested in them except because of Tesla. Tesla deserve a lot of credit for getting BEVs recognized and established but equally, its choice to build a compact BEV car and the ensuing production problems and inefficiencies with making an affordable BEV car has left the door wide open for others to come in and concentrate on building highly profitable BEV Trucks and Utes. Rivian does exist, people are interested in Rivian and it wants to do for Pick Ups and Large SUVs what Tesla did for cars only better, they have Ford in their corner and an opportunity to become a prominent player in electric vehicles. Edited April 26, 2019 by jpd80 Quote Link to comment Share on other sites More sharing options...
justins Posted April 26, 2019 Share Posted April 26, 2019 Let's not forget that at various times both Toyota and Daimler have held 3 - 4% stakes in Tesla, and both sold out. The fact that Ford are getting a basically fully developed EV platform out of this, for half a billion dollars, and then to also get a dividend on what Rivian can sell to other manufacturers? Great deal IMO. 5 Quote Link to comment Share on other sites More sharing options...
passis Posted April 26, 2019 Share Posted April 26, 2019 Does anyone know how much of Rivian this 0.5billion investiment will get Ford? Would it reach 10% ownership of the company? Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted April 26, 2019 Share Posted April 26, 2019 1 hour ago, passis said: Does anyone know how much of Rivian this 0.5billion investiment will get Ford? Would it reach 10% ownership of the company? Seems like its "just" a seat on the board and a platform to develop. Nothing beyond that yet. 1 Quote Link to comment Share on other sites More sharing options...
bzcat Posted April 26, 2019 Share Posted April 26, 2019 22 hours ago, MY93SHO said: Mentioned here that the first Ford/ Rivian is a commercial vehicle. That makes total sense. I'm reading the tea leaves here... Look at who is involved: I'm thinking autonomous driving Amazon delivery vans. Ford supply the self-driving software and potentially build it, Rivian supply the skate chassis, Amazon is the guaranteed fleet buyer. 5 Quote Link to comment Share on other sites More sharing options...
630land Posted April 26, 2019 Share Posted April 26, 2019 (edited) If GM had "bought" Rivian, they would have run it down like Hummer, Pontiac, Olds, Saturn and SAAB. Edited April 26, 2019 by 630land Quote Link to comment Share on other sites More sharing options...
rperez817 Posted April 26, 2019 Share Posted April 26, 2019 1 hour ago, 630land said: If GM had "bought" Rivian, they would have run it down like Hummer, Pontiac, Olds, Saturn and SAAB. Interestingly, Rivian was founded in 2009, the year the old GM went bankrupt. Quote Link to comment Share on other sites More sharing options...
Harley Lover Posted April 26, 2019 Share Posted April 26, 2019 2 hours ago, bzcat said: That makes total sense. I'm reading the tea leaves here... Look at who is involved: I'm thinking autonomous driving Amazon delivery vans. Ford supply the self-driving software and potentially build it, Rivian supply the skate chassis, Amazon is the guaranteed fleet buyer. If correct, this could also be interpreted as a tacit admission by Ford that the whole premise of using the hybrid Transit Connect as their commercial autonomous vehicle is flawed. Quote Link to comment Share on other sites More sharing options...
akirby Posted April 26, 2019 Share Posted April 26, 2019 33 minutes ago, rperez817 said: Interestingly, Rivian was founded in 2009, the year the old one and only GM went bankrupt. FTFY Quote Link to comment Share on other sites More sharing options...
akirby Posted April 26, 2019 Share Posted April 26, 2019 12 minutes ago, Harley Lover said: If correct, this could also be interpreted as a tacit admission by Ford that the whole premise of using the hybrid Transit Connect as their commercial autonomous vehicle is flawed. Not necessarily. Did they actually say it would be a hybrid? I can't remember. But it may be necessary to have both hybrid and bevs available depending on the location and use case. Also the hybrid TC may not be "flawed" but a Rivian BEV solution may just be better/cheaper/faster. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted April 26, 2019 Share Posted April 26, 2019 1 hour ago, akirby said: Not necessarily. Did they actually say it would be a hybrid? I can't remember. But it may be necessary to have both hybrid and bevs available depending on the location and use case. Also the hybrid TC may not be "flawed" but a Rivian BEV solution may just be better/cheaper/faster. I don't recall them saying anything about AV powertrain. Quote Link to comment Share on other sites More sharing options...
Harley Lover Posted April 27, 2019 Share Posted April 27, 2019 17 hours ago, akirby said: Not necessarily. Did they actually say it would be a hybrid? I can't remember. But it may be necessary to have both hybrid and bevs available depending on the location and use case. Also the hybrid TC may not be "flawed" but a Rivian BEV solution may just be better/cheaper/faster. Yes they did say it would be a hybrid. Their rationale as they explained it was that they believed a hybrid would allow for a better duty cycle with higher utilization than a pure BEV (I'm paraphrasing from memory). Quote Link to comment Share on other sites More sharing options...
akirby Posted April 27, 2019 Share Posted April 27, 2019 1 minute ago, Harley Lover said: Yes they did say it would be a hybrid. Their rationale as they explained it was that they believed a hybrid would allow for a better duty cycle with higher utilization than a pure BEV (I'm paraphrasing from memory). Maybe the Rivian platform changes that equation? Quote Link to comment Share on other sites More sharing options...
Harley Lover Posted April 27, 2019 Share Posted April 27, 2019 15 hours ago, rmc523 said: I don't recall them saying anything about AV powertrain. Here's an article from Automotive News to help jog your memory: https://www.autonews.com/article/20171211/OEM06/171219941/hybrids-are-better-for-autonomy-ford-says Quote Link to comment Share on other sites More sharing options...
Harley Lover Posted April 27, 2019 Share Posted April 27, 2019 1 minute ago, akirby said: Maybe the Rivian platform changes that equation? Wasn't that my point? Quote Link to comment Share on other sites More sharing options...
akirby Posted April 27, 2019 Share Posted April 27, 2019 6 hours ago, Harley Lover said: Wasn't that my point? Sounded like you were saying that a hybrid was better and I was saying that maybe it was at the time but whatever Rivian has now might make it more effective than the hybrid. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted September 10, 2019 Share Posted September 10, 2019 Cox Automotive is the latest big investor in Rivian. $350 million equity stake announced today. https://www.coxautoinc.com/news/rivian-announces-350-million-investment-from-cox-automotive/ Quote Link to comment Share on other sites More sharing options...
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