This Corona Pandemic Is Sure To Hurt EV Sales Going Forward. Our Question...Does RIVIAN Survive It?

Leave it to a pandemic or societal crisis to sober up a population and change their thinking moving forward from it.

MANY, are looking at what is going on and will probably start factoring emergency scenario readiness into their future car buying decisions.

And one of the car segments that will get hit the hardest from this is the market driven by EV sales.

The last thing you want to worry about in any emergency is HOW do I get energy for my car in case they need to leave in a hurry to protect themselves and loved ones.

Although things are getting easier in the electric car world regarding charging, the second a crisis hits all that is out the window.

So here's our take...The ONLY EV based company and vehicles that will survive in the USA and thrive, will be Tesla's.

For everyone else, it's pretty much #GameOver. Sure OTHER EV's will sell here and there, but NONE will get any meaningful traction, other than Elon's products.

Enter Rivian...YES, they have good investment money from Amazon and Ford but look at Tesla spending..that could be gone in a quarter.

So what's YOUR call Spies?

Will Rivian even SURVIVE once we come out of this strange time?

runninglogan1 - 3/26/2020 9:37:50 PM

+6 Boost

They may have to push their rollout but Rivian will definitely survive.

CANADIANCOMMENTS - 3/26/2020 10:14:53 PM

+5 Boost

There will be more Amazon money for them if they continue to believe in this venture. And I believe they will. Amazon is one of the few companies that will benefit from this self isolating period. I expect an uptick in their business March-June. Or whenever this period of isolating comes to an end.

MDarringer - 3/26/2020 10:44:40 PM

-4 Boost

Rivian will use it as an excuse NOT to make cars yet again.

SanJoseDriver - 3/27/2020 2:05:34 AM

+6 Boost

With Amazon backing them, they'll be fine.

atc98092 - 3/27/2020 8:50:43 AM

+5 Boost

I don't feel the pandemic will impact EVs, but the way gas prices have dropped in so many areas certainly will. Most name brand stations near me are around $2.79 or so for RUG. That's nowhere near other parts of the country, but still a drop of 30-50 cents a gallon.

However, looking at the stats from my car charger for the month so far, I've paid a whole $10 for electricity, and used perhaps $5 of gas in my Niro PHEV. Of course, the last two weeks I've been teleworking, so haven't driven a lot. But compared to the Subaru I used to drive I'm still at least half the cost overall.

SanJoseDriver - 3/29/2020 1:56:59 AM

+1 Boost

I've paid $0 for the Model 3 in the pas 6 months. Now that I'm not going to the office anymore, I was happy to learn a new brewery 5min away has a dozen free chargers. That will definitely become one of my new hang out spots when full service is back online (they are limited to togo orders right now, thankfully they have growlers and crowlers for their beers on tap).