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Rivian R1T - Copyright Rivian

Rivian needs to reduce production costs for electric pickups

The first electric pick-ups from the leading US manufacturers are still in the run-up and will not follow suit until the end of 2021 with the GMC Hummer EV, in spring 2021 with the Ford F-150 Lightning or not until 2024 with the Ram 1500 BEV. Meanwhile, since Rivian's IPO, the share price has more than doubled from $ 78 to $ 172 in a matter of days. The value of the car brand was thus already 16.11.2021 billion US dollars on November 151, 140. After just a few days, this start-up is already ahead of Volkswagen (79,37 billion US dollars), Ford (91,42 billion dollars) and General Motors (XNUMX billion dollars) in the global ranking.

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