Rivian's New $1B+ Business (Vans) ⚡📦
Rivian's electric delivery van (EDV) business has quietly been making some huge moves. It generated over $400M in revenue in Q3 alone, and just signed a new partnership with AT&T. Now that Amazon doesn't have exclusive rights to buy the van Rivian will begin to do pilot projects with a bunch of new customers. Surprisingly, the gross margins on the van are strong, and this will be a key driver of the company's march towards profitability. Rivian's van business/fleet business is already at a $1.2B+ run-rate ... how big do you think it can get??
Rivian financial chart from Main Street Data: https://mainstreetdata.com/rivn
Rivian Delivery Van website: https://rivian.com/fleet
My Twitter: https://twitter.com/gfilche
My Instagram: https://instagram.com/gfilche
HyperChange Patreon :) https://www.patreon.com/hyperchange
Dislaimer: I own Tesla stock, not Rivian stock.
Видео Rivian's New $1B+ Business (Vans) ⚡📦 канала HyperChange
Rivian financial chart from Main Street Data: https://mainstreetdata.com/rivn
Rivian Delivery Van website: https://rivian.com/fleet
My Twitter: https://twitter.com/gfilche
My Instagram: https://instagram.com/gfilche
HyperChange Patreon :) https://www.patreon.com/hyperchange
Dislaimer: I own Tesla stock, not Rivian stock.
Видео Rivian's New $1B+ Business (Vans) ⚡📦 канала HyperChange
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