How Amazon Is Giving Rivian An Edge In The EV Industry 

Honestly it was a publicity move to green, which is the goal. However as a company you don't want your entire fleet reliant on another company for service, which is a huge risk. As with the current ICE offerings, finding a repair shop and turn around times will be much faster. I won't invest in any EV tech for at least 10 years.

@@bOOmbOOmProd It’s a risk worth taking for small companies that want to have an edge over competitors.

@@maxpro751 exactly. These companies are what they are today because they have risked to be the first timers

​@@bOOmbOOmProdIt wasn't a publicity stunt for going green. Going electric has huge benefits when it comes to savings in fuel, and regular maintenance. Now personally I think Rivian and other car makers need to catch up on the manufacturing side. Tesla is murdering it with profit on their cars from what I've read. I'm surprised Tesla hasn't tried the smaller delivery trucks. Or even construction trucks. So Rivian should focus on that. No one is excited about Rivian vehicles in my mind. They are generic as hell. They need to generate excitement for their brand. Same with Lucid which creates amazing cars, but eh. No personality.

They will probably have a consumer version of this if/when they get a handle on everything. Would probably make a sweet work van.

Let’s buy stuff that looks nice and not worry about how it runs and the cost of repairs. Very smart

@@user-zlxelaZz yeah because Amazon is know to buy a bad and very expensive vehicle that is not practical to repair. That's why their company is only worth $trillions~ right!? smart guy

Companies look at things like this with accountants etc.. most likely the diesel/gasoline powered delivery trucks are estimated to cost a lot more to maintain and refuel then it is to charge one of these trucks or even replace a battery that far down the line. If it was a waste of money they wouldn’t do it, it’s not about the environment to them

New cars in general now have an average lifespan of around 6 years. Today's EVs are just too technical, but ICE isn't that far behind in terms of outright longevity.

Yeah, too much of the positive talk is getting these to market, there is nothing on longevity or repairability. Fleets have service contracts and utilised to the fullest lifespan. Without a viable aftermarket, these things are doomed outside of the corporate world. This being said, Amazon will have enough real world data by the end of the decade to potentially make it a feasible concept for general marketplace.

The EV companies have a monopoly on repairs & service which is where they will make bank. However, I think the mechanics in Massachusetts sued Tesla because state law allows them to work on any car, but Tesla wouldn’t allow them. It will take at least a few generations to build a huge workforce of generally trained skilled techs to be able to fix these EVs at a reasonable cost. Also, the recycling business has to increase as well to take care of the obsolete models and their toxic battery materials. I think Tesla is already factoring recycling in their business plans.

@@user-zlxelaZz I don't know, that Amazon contract may just be about all Rivian can handle, outside of the few niche premium vehicles, over the next decade. If it doesn't perform satisfactory to Amazon's expectations and tolerances, the whole company likely won't survive. Focusing on one primary design is great for a start-up but also a double edged sword! Aftermarket is the one crucial element that EV corporations are overlooking to their detriment. Tesla can pull this with their high end buyers who have more money than sense who expect that premium brand exclusivity, but once they enter the general marketplace, that's a whole different customer base with vastly different expectations of how their daily driver is supposed to operate and where they choose to repair it. Middle class Americans want choice, convenience and repairability, not waitlists and backordered. Toyota rarely has any vital parts more than 48 hours away from pretty much any point in the continental US, and this doesn't even factor the non-OEM components!

@@yayagazab4449 If Rivian sticks to a mostly uniform parts design amongst all the the vehicles, the repairability and survivability rockets. Lots of components can be functionally identical. Relays, for example, are generally the same among brands, and pre-internet days, one most probably would not have been much aware of interchangeability for some part numbers. The big players already know what their customers want, and if these EV exclusive manufacturers fail to integrate some standard business practises, they risk swiftly dying out without a chance of a buy out rescue. These companies can do better than the big three from the ground up in this twenty-first century by modifying how things are done, but this means exceeding customer service, not hindering it. Directly licencing out designs for parts would add a revenue stream and make customers more comfortable buying aftermarket early on and is a legit possibility. It would also potentially add an emergency supplier to Rivian's manufacturing capabilities, since this is a real world issue at the moment. I know this is already something that happens, but Rivian is in a ground up position to make it standard business practise across the board on the front end. The second hand market is almost more important to the auto manufacturers than first time sales. When people have a good experience, they are more likely to return to the source, when it comes time to buy new. A teen's first car influences a lifetime of buying decisions.

Why?

But what about logistics companies?

While I don't agree with everything you said I do think you have some great points, City planning is awful, people should walk or bike more but we have some limiting factors of course like where is the city located , how spread out is the city , where do we draw the line when its acceptable to dive vs walk, bike or use public transit. The simple solution is to make no vehicle zone within the city that make sense too, like major downtown areas but then you run into the problem of where are the people who are not from said city are going to park their car? How do the stores, building, ect get supplies and services/repairs completed? How do emergency responders get to people in a timely fashion? I cant see a car-less life for everyone in the US , its unfeasible with current technology, millions of people myself included will not move to a city to give my personal car or truck. Why? well I've done the city thing and its not for me, I don't like crowds all the time, I value my peace, privacy and love nature. In other words I can go touch grass at will , just feet from my door. But I think instead of pointing the finger at "Capitalism" and "Law" people should go back to community and culture. Changes start there and work their way out. Politics is down stream of culture. I think most people lost community as a whole but that's a big topic for another day.

Agree with your points. However, I think the EV--and more importantly, self-driving vehicles--are stepping stones to your idealized future (which is where we want to go). Self-driving cars will ultimately solve the problem of parking, as these cars will only have to park long enough to discharge or take on passengers before rejoining traffic. And I believe that ultimately they will solve the real barrier to the future you envision, which is North America's love of car ownership. For the majority of middle-class and poor people, car ownership will become an unnecessary expense, indeed, just a headache, when you can walk down your driveway and have a car waiting there for you within 30 seconds to take you on your way at city bus prices. No worries about charging, maintenance, insurance, registration, teaching your kids how to drive, finding parking or traffic jams. Ultimately, these vehicles should be able to coordinate their movements and eliminate traffic problems. Only fools, germophobes, or the very rich will insist on driving their own cars. Well, they and people who just love driving and the romance of cars. But I think they'll end up spending most of their time at the racetrack, the drag strip or the demolition derby. I have nothing against these people but they're now obstructing our way to a far more responsible and practical transportation infrastructure.

How does walking and cycling work out when it rains or snows? 🤔

@@eyesuckle lol well call me a fool then, I think as far as fully autonomous vehicles in the US goes its only logical to implement them in cities and and large metropolitan areas in the near future. As far as autonomous large vehicles ie Class 8 trucks there is no way you can allow them on the same road ways as passenger vehicles until you reach at least near 99% autonomous infrastructure due to the timing it takes for a collision to be avoided is much greater with the amount of weight being hauled. Other than the obvious safety concern you have to think about the legal responsibility, who will be at fault and who will pay the bill for damages. There are sacrifices that can be put into place such slower speed limits or separate road system for large vehicles and so on. I think EV and fully autonomous vehicles are going to take over but I don't agree with the ownership part for the whole country. Sure for the large cities and its suburbs it makes sense but for those who do not and can not move to the cities or its suburbs it doesn't work for them. It would very authoritarian to make this group of people relocate or leave them in the dark for transportation. Unless we are going to into split vehicle economy, meaning that cities get EV fully autonomous vehicles and rural small town get ICE or Hybrid or EV non autonomous which is perfectly fine. It would meet emission standards for the country as a whole. Again I'm only concerned about the problems from now to 15 years out with implantation of this tech. That's where the rubber hits the road per say. Don't get me wrong I'd love to take a nap as my car drives me home safely after a hard day of work, I just don't see it being a reality before I retire. And the point you made about the US not doing this is funny because I don't see any other country doing thing all in at the very moment for a lot of the same reason I mentioned. I'm still waiting on the promises from the 1940's of flying cars and food pills, I'm not saying it to be mean its just a reminder to check to see if these options are really as good as they seem. It all sounds good but what are the risk and rewards. EV at this moment are not zero emission, neither is solar due to the manufacturing and waste after the life of the product. We cant recycle 100% of it. Heck just sitting here breathing is emitting some form of emission. Do we need to be smarter about our emissions on our modes of transportation? Yes. Do we have to put all of our eggs in one basket,? No. Again I don't garment policies are the whole answer nor is technocracy. Its Community. Does your local Community feel that their is a need for this? City communities would most likely love this due to cleaner air, less noise and less traffic congestion.

So we should burn oil, coal, and natural gas to power all these car's? That's not very smart. But, hey all those minorities that have to live around the power plants, dying from the pollution, that's not your concern.

You realize 2017 was hotter than this year, and last year we never even hit triple digits where I live. EV is a scam, it's why you don't see politicians driving them, they just try to force them on people.

No. The sun is why summer is super hot.

I've tried buying a couple dozen the first time I heard about these, but I was told; nope, sorry. Not for another 5 years. From now until then, every van is going to Amazon.

😄😆👍 yep

It's really a win-win for both companies; I can see the use of electric delivery vans becoming extremely popular, as most delivery vans stay semi-local, usually drive less than 200 miles per day, and can easily be recharged over night. Lower maintenance costs as well. It will be interesting to see if FedEx and UPS order electric vans.

@@mikefly562 I believe they will, its in their best interest to stay ESG compliant.

Isn’t the share price down 90%…?

@@richardzhou96 I brought 1k shares at 15.45 😆😆😆

Your right. I went back to compare. Hes def steve O

If Steve O and Clark Kent had a son :)

@Brandon Gant that's what the name comes from Rivian means "Indian River" is Backwards

Bro, here is an idea what if for long haul we try to utilize cargo trains to the fullest. After all, cargo trains are the most efficient.

@@JakubKieblesz Hydrogen is the future of long haul, and maybe trains as well.

I deliver for Fed Ex final mile and I use $150 in fuel weekly at 5.5 mile per gallon. and I drive one of the largest step vans we have. Also FedEx ground is contracted so the contractor's own the vans do the maintenance and pay for the fuel nothing is FedEx other than the logo on the trucks.

@@JakubKieblesz true but I guess trains don’t go every where that’s probably why they don’t already do it

"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17 "Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:38-39○

Serious question. Do people involved in this ever talk about the massive environmental damage their products cause? How about the issue of child and forced labor? Or do they just act like these don't exist?

@@caleb9231 do you ask the same questions about your furniture, phones, tvs, and anything from China and 3rd world countries that do these kinds of things? Or do you, liked you said, also ignore these things :)

@@caleb9231 how about your smartphone ? does it run on gaz ?

@@tlaloc9624 I do, hence why I minimize purchases of those items. I dont however, go out of my way to enable industries which are destroying the environment and are ACTIVELY involved in child labor.

@@tlaloc9624 Also I dont have a TV, all my furniture is locally made and my phone is from 2017. I also run a charity that helps orphans find safe homes. What do you do?

Amazon's transportation needs are not the same as the regular family's needs. EVs don't work for a lot of people.

@@tinytownsoftware3837 I think they would work for a lot of the people who think they wouldn’t.

@@aidanrace814 They work for homeowners who don't take a lot of longer trips. They don't work for people living in apartments. Who exactly thinks they won't work for them, but you think they actually will?

@@tinytownsoftware3837 wrong

@@tinytownsoftware3837 you are clueless

Our school system in Montgomery, Alabama plan to start purchasing EV busses in the upcoming future.

@@emckethern In the upcoming future kids won't need to go to a brick and mortar school. They'll be indoctrinated via a microchip when they're manufactured at the baby making plant.

Yes school busses and especially post office vehicles, EVs are perfect for post office routes.

Public schools are broke

Navastar is far ahead on electric school buses!

I'm a forklift operator at a distribution center, and am eager to see them as well.

I just seen one outside of Baltimore earlier this week. Was pretty cool to see such a big truck be so quiet.

I would hate to be the driver whose battery runs out mid route.

@@Hi-qh8zt really? You wouldn't wanna be paid to sit while they recover it? I would 🤣

@@Jeromeeb no because I've been broken down in my step van waiting for recovery and it's lost money and lost time. of course I don't drive for Amazon so I don't work at an hourly rate. when you make a day rate you wanna go as quick as possible.

They are a TV production company. Why are you impressed with what they are created to do?

@@tira2145 It looks like they're releasing more than usual?

@@tira2145 Other TV companies don’t provide as much well informed informational videos at CNBC. This series plus a few others that they have on this their RU-vid channel our home runs. They are competing with Legacy news channels and are dominating and they are competing with new RU-vidrs who make a living off of doing 10 minute informational videos.

@@totallyprofessional3571 you do know CNBC is owned by NBC. It's literally in there name. We have set the bar so low when we are impressed that a billion dollar company that only purpose is to create video News creates News videos. Should I be impressed when I go to McDonald's and get a happy meal?

There should be a button to turn off the background music or they could post a different version.

I've only seen two of them in Atlanta. And also we're set to build a new Rivian Factory 60 Minutes away from the City.

@@AKUNJIG i see them everyday im the bay area bc they test in my area but its still kind of weird seeing them

Rivian is a ponzi scam run out of a old GM plant. Mostly money laundering federal grants and loans type scam, environmental related. They have no real viable supply chain it's more like cutom trucks for show being made out of a old GM plant.

@@shoutingatclouds1050 Wasn't the first Tesla Vehicles Manufactured at an old Toyota Factory?

@@AKUNJIG I pretty sure about my post especially the old GM plant part. Rivian is a rabbit hole if you want to go down it for yourself.

Very cool trucks that only a few can afford. EV's are made for rich people. That being said, don't see how expensive EV's can help reduce the carbon footprint of develop country's. Just saying🤷🏽

@@pekoso1 the initial combustion cars were only made for rich people. Cost’s will come down over time as more people buy evs.

It depends on more than one thing. I worked for a company that bought an entire fleet of a new Volvo semi truck. The entire fleet was lemons and within a year of accepting the new fleet the company was bankrupt. Amazon can't rely on these new trucks. They may work fine in a laboratory setting where there is a mechanic a few feet away to fix the vehicle if there is an issue, but will they work as advertised in the real world?

UPS and FedEx are already buying and using some electric delivery vans. But it's mainly in the testing phases. They've been testing vans for a few different electric vehicle companies. The main ones I know about are Workhorse, Arrival, Brightdrop, and Ford. Ford makes an electric transit van in a few variations. They are supposedly number one in their segment. Brightdrop farmed out production to a German company in Michigan while they build a factory in Canada. The German company will make 500 delivery vans for FEDEX. Arrival is building their first "micro- factory" in South Carolina. So they haven't started production in North America. Workhorse has seen major setback after major setback, but hasn't gone out of business for whatever reason. They are still hanging on and recently got an order for 1500 vans in Canada.

@@Donkeyearsa Very true, they have to prove their viability. There are definitely problems associated with electric vehicles, and not every company will succeed. But I'm sure that electric vehicles will replace ICE vehicles. The internal combustion engine has never been better in history. They are more reliable and more efficient and more powerful than ever before. But eventually they will be replaced, because when the price of batteries goes down, and the reliability of battery electric vehicles is proven, the electric vehicle is significantly better. Maybe that's not today, but we are on the crest of a wave of dramatic change.

@@noahfleming8982 1. Limit your spending/cut off retail therapy 2.Put the extra cash towards investing in high yielding or steady investment. 3. Get a financial coach/mentor to guide through your investing goal. These might look simple but they require good amount of willpower, but through mentorship, I've been able to consistently grow my portfolio to $800K and I'm looking forward to retiring at 50 as well and I only wish I started up early. Goodluck

@@verndubin2209 That's awesome 👏 if it is not asking too much, do you mind hooking me up with your coach

@@gaileickhoff116 The consultant that guides and assist me is *Julia Renee Lindberg* you can check her out online and reach out to her through her website to book an appointment.

@@idellameyer7411 Thanks for sharing, just looked up the broker you mentioned on google and I'm super impressed with her credentials. I will be writing her an email shortly

⬆️💩⬆️💩⬆️ SCAMMERS ABOVE

Only reason why I'm not writing them off. Betting on Bezos ego to keep them around for a long time.

Exactly right- LOL

@@rascanjero8431 Bezos is no longer in charge.

I like Rivian, but they aren't challenging Tesla. They are making completely different vehicles in totally different niches. And Tesla has already passed the crux from negative to positive revenue. Rivian is, contrary to the title of this video, in a very tight spot right now. I do think they will survive, but they are losing up to 2 billion dollars per quarter. They need to master manufacturing and building vehicles and the software, coordinate suppliers and distribution all at once. Plus they are also placing Rivian brand chargers in or near adventure locations The cash from Amazon really helped, but hopefully they didn't bite off more than they can chew in their expansion.

@@AWildBard I like Rivian but I'm just saying Amazon going to Rivian and helping it survive until it turns profit is really Bezo's beef with Elon. Yes they are making different vehicles for now but eventually they will enter Sedan, SUV and compact car market. And their only problem is production. Not engineering, not design, not quality and not performance. As soon as their production Ramps up, they'll become major Competitor to Tesla

I guess it is echoing inside Musk head now! xD Musk only promise a lot of crap and dont deliver. Rivian dont talk, they do! ;-)

@@hiddeninternets5894 🤡

A lot of the price we see in EVs is the R&D costs being put into the vehicle's price tag, and they are also cheaper than they seem on the surface because many ICE vehicles are selling for way above their sticker price atm. This is to say that things aren't as bad as they seem in price but also that prices will fall over time as companies move to capture more of the market after covering their initial investment costs. Things always start out as more expensive than necessary and become cheaper over time.

Hence the entire premise of this segment... one giant sales pitch

@@Charles-Darwin Market Summary > Rivian Automotive Inc 32.31 USD -70.41 (-68.55%)year to date

Way overpriced, the stock and the vehicle.

I agree with how nice the cars look, but i do belive it comes down to price. You got die hard Ford and Chevy supporters that are willing to spend less or just as much on those trucks instead of Rivian.

You're right 👍

I bought Bitcoin and Ethereum August last year and I made 6grand into half a million after taxes. Now I took that half a milli.. basically made me more money than 35yrs in granding within 6 months. That's digital currency

Life is so precious, when you know you own a property or an investment to always keep you on go...I have no regrets starting my journey in cryptocurrency.

@@ralondarogers563 Excellent buddy how good are you earnings and do you have recommendations or suggestions?

After watching several videos on RU-vid tutorial about trade I'm still making losses

There are new USPS Mercedes vans in my area for mail delivery

what... there are numerous reasons why it can fail

These vehicles are charged via the mostly fossil-fueled electricity grid. Ultimately, they will destroy the utility of the electricity grid as we know it.

@@dipladonic The Grid needs to get bigger, true, and long term electrification is needed. Fun fact: natural gas for cooking is about as efficient as electricity for cooking: the reason is to convert gas to electricity is roughly about as efficient as the efficiency of gas on the stove. So replacing natural gas with electric ranges, as mandated in California, really doesn't do much for the environment.

@@progressiveprecision thats not what they said.

"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17 "Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth: But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:38-39○

Well Amazon not so long ago was the unprofitable free spending startup teenager.

All startups start with a profit...said no one ever.

They have big brands supporting them. I think they will make it

Don’t ever underestimate our governments desire to bail out companies and banks that blow it.

Govermnent russian free navalny real fate ok our free ok

Have you seen the Rivian, its a 800hp beast. All they have to do is duplicate the innards and swap the exterior.

Bingo. I sat next to a millionaire braggart on a plane. He explained making a ton of money from on-line gold companies by hiring posters in 3rd world countries to post 4 positive pro on-line gold transactions for every negative comment. The same is now happening with the mRNA vaccines to suppress comments by the vaccine users

Lol... yep. Definitely in 2020-2021. Not so much right now with the QT and rate hikes going on.

Amazon placed an order for 100,000 Rivian delivery vans that are slated for delivery by the end of the decade. Amazon also acquired a roughly 18% stake in Rivian as part of the deal. A Rivian delivery van in production.Jul 23, 2022 18% is not a "big" part and gives them no control in the company.

Manipulative media Trying to make it look and give boost to rivian as they succeed really well

@@rooster1012 18% is massive and absolutely does give them influence over the company lmao

they’re*

@@Mello675 : native English speakers making spelling mistake make us cringe.

@@techtutorvideos : being grammer nazi is different than, correcting grammers that change meaning of sentence.

@@UserUser-ic1fw grammar**

@@techtutorvideos The race to the bottom and the 'dumbing down' began over 20 years ago when people stopped correcting or caring about poor spelling and grammar. People were basically shamed into silence for maintaining decent standards due to comments like yours. That is why quality became even worse, especially on social media, and poor spelling is EVERYWHERE now -- even in publications people pay for. That's how badly it spread. Even people trying to learn English have picked up the bad habits of native English speakers. Shaming people for having standards is pretty bloody sad, actually.

I believe it was the type of content. Nintendo is more kid friendly. Where as Sony has content for older consumers.

@@AmazingJayB51 Yep. Nintendo also wanted cartridges while Sony want CDs. Rivian seems to have struck a gold mine partnering with Amazon.

@@Tetsu9701 bezos definitely won't tell them to deal with musk

Nintendo wanted to control both their developers and their customers. Sony didn’t.

Amazon is pro-censorship, Elon is for free speech.

Good point I agree with you.

DHL mostly uses Mercedes Delivery vehicles. Mercedes just partnered with Rivian to make these go electric. The odds are high that DHL and others will soon have them too

tell him keep up the great work and thank you for recalling the steering knuckle bolt before it became dangerous incidents. I respect the pre-emptive recall. I bought more stock in Rivian after reading that.

Lol

Lmfao 😆 🤣

Not really though right?

I was thinking the same thing. With all those suppliers and components, repair costs will be through the roof due to time and labor. It also makes growth in the company so much much harder. Potential conflicts in the world brewing threaten the supply chain as well. This company has major hurdles ahead of them.

They have 98K backorders since Jun 30 and 100K orders from Amazon....yeah,..they'll fail.....NOT...learn how business works...always start off with big "losses" before gains. SEE TESLA

Tesla didn't have major competition and was early. Rivian is facing major competition from every EV and car manufacturers now and they to start from basically the ground up.

"Best in the industry"? The has entered the chat.

Most legacy auto makers are going bankrupt soon. Too hard to convert from ICE vehicles and compete with Chinese EV's and Tesla at the same time.

Aren't nuclear plants pretty clean

Producing EVs is worse for the environment than just driving gas powered vehicles

This video here ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-7LMgmg0I0GA.html outlines how misinformed your views are. We absolutely should not ramp-down the production of EV out of concerns about energy supply.

@@LuKe-cq9il they are, but we need to start building new ones, but we aren't. CA is shutting there's down. Natural gas is cheap compared to building nuclear power.

@@williamwilkinson4756 Yes, these people need to do research on the mining of lithium, nickel and cobalt in Africa. Litterly killing a entire generation of people.

Well it took Amazon 14 years and billions of losses before it became profitable so they know a thing or two about it.

@@johnl.7754 right but I think they knew Amazon web services would be big enough thing to support the prime side of Amazon. What path to profitability does Rivian have? Tesla is killing Rivian.

It’s called investing in your company in the long-term future which a lot of people do not know how to think 25-50 years ahead…do you plan on living then? Delivery 🚚 isn’t going anywhere

@@greatestever8169 I am not investing for 25 years from now. Good luck if you chose to do so.

@@pwells10 Tesla is killing Rivian? How? What a crap comment xD Tesla has promised a truck etc for many, many years. Where is this truck? Stop saying next year all the time xD Rivian dont talk, they do! ;-)

Well, Walmart is pretty darn big too.