Rivian could land big electric vehicle order from RV platform Outdoorsy
$Rivian Automotive(RIVN.US$ and $Ford Motor(F.US$ are in talks with recreational vehicle rental company Outdoorsy Inc. about potential electric truck and SUV orders over the coming years as the company looks to build out its rental fleet.
Outdoorsy is targeting an order of 1,000 Rivian trucks, according to Chief Executive Officer Jeff Cavins in an interview with Bloomberg. Cavins called the collaboration as a logical and organic alignment due to the company's focus on nature and camping. If a deal is struck, deliveries from Rivian are not anticipated until 2023 and Ford is called likely to fill part of the overall order.
Outdoorsy is a peer-to-peer marketplace for RV consumers and pros. "We’re the most comprehensive platform for outdoor travelers to rent stylish awesome RVs in the nation. Our selection spans vintage Airstreams, toy haulers, fifth wheelers, Class A, B, and C of RVs, as well as garden variety trailers and motorhomes," reads its description of itself. The Austin-based startup was reported earlier this year to be working with Goldman Sachs on an IPO that could value it at more than $1B.
Ford announced on Friday that it will not enter a joint venture with Rivian.
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Cat army : Wonder if Ford would sell Ford model or Rivian model to them
Clownarado Cat army: It looks to me as though Ford is willing to compete with Rivian for market share since they have declined any joint ventures. Either way, Ford comes out rosy since they own stock in Rivian.
Supermengg :
Brain Gomes : At this valuation, it better start taking some orders. Or better yet, start delivering orders!
arts food business : "could"
Oavbab : Don't even talk to me about a "stylishly elegant" RV unless it's a 3-slide class A diesel pusher. This sounds more like sleeping in the back seat....
Rickydi Oavbab: The chassis that Rivian has developed for the Amazon trucks could be the ideal basis for a motorhome.
zukG4HQuCI : So this headline is based on the comment of Outdoorsy CEO? He is trying to piggyback on Rivian to market his establishment for a 1000 car order? LOL
O15Cbt1QkM : Might work for a rental fleet, but most RVs don't put enough miles on per year to make the higher upfront cost of EV economically viable. I've seen lots of RVs from the 70s and 80s that still have less than 100k miles on them.
EshoROsvP7 O15Cbt1QkM: Yep - and with the current RV craze, Craigs list is gonna be loaded up with them next year - cheap!
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