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⚡️I was on a long 3.5 h train ride 🚂 yesterday - so I put together some details from the Rivian ⚡️🛻 S-1 IPO 📈📉 filing that I personally find interesting.
Rivian is an US 🇺🇸 based EV company for personal and commercial vehicles , with investments from Ford Motor Company, Amazon and others
➡️ Markets of electric premium vehicles ⭐️ and LCVs are promising - LCV driven by growth in e-commerce and shift towards zero emission vehicles in urban areas. The SUV 🚙 segment is popular and growing in the US 🇺🇸, EU 🇪🇺 and China 🇨🇳. The pickup 🛻 segment is especially popular in the US 🇺🇸.
➡️ It’s just the beginning ⏳ - the products and services 👩🏼🔧📲🔌🏞 road map sounds promising. Deliver proof points is key to keep the equity story up
➡️ So far, close to 150.000 pre-orders are in the books, 100.000 for the LCVs and close to 50.000 for the SUV and Pickup
➡️ In case of a successful IPO ✅ , Ford 🚗 and Amazon 📦 could get back multiples of their early investments 🚀
➡️ A interconnected data & analytics ↕️ backbone is the core 📍of a holistic user experience 👌🏼 future value creation 💰💰💰
➡️ Let’s see for how long Rivian could maintain the mode of “Every consumer interaction comes directly from Rivian” ☎️ - no 3rd parties, or franchises while scaling
➡️ Developing and selling EVs is expensive 💸 - since 2019, the company invested USD 2.4 billion in R&D 🔬 and SGA 👩🏼💻 cots. Investments in facilities 🏭 and offices accumulated to close to USD 2 billion since 2019
➡️ Employee count 🧑🏻💼👨🏽💼👩🏾🏭🧑🏼🔬 is close to 7.000, up 3x year on year 🚀
Please note: This is just informative and not an investment advice