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Comment by exhilaration | Hacker News Reader

How far behind are Rivian and Lucid? All these niche EV companies are too far from profitability, they have no secret sauce making them useful acquisitions for a legacy carmaker or tech companies. The Chinese might want their established manufacturing sites though but I bet we'll see domestic BYD plants instead.

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I feel so confused about Rivian, on one hand I hear they're experiencing issues with profitability. On the other all Amazon vehicles in my city are now rivians and I see more and more of their trucks on the roads. I only see Lucid when I'm driving around the bay area.

Rivian seems a lot more feasible than Lucid to me. For starters, Rivians look nice and have a purpose that isn't really covered by other car companies.

The Ford Transit is widely used as the basis for fibre splicing labs. However, Ford has a problem with the e-Transit: the batteries aren't big enough, even in the extended range version. Charging time doesn't matter, but there needs to be enough range to handle a typical work day without charging as charging time is an expensive way to be forced to pay an employee to sit around doing nothing.

Amazon has a vested interested in Rivian's success, they are Rivian's largest shareholder.

Lucid has so much Saudi money behind them that it’ll keep them afloat forever

idk about Lucid but I see a ton of Rivians driving around in the city I live. If that's not enough to keep them afloat then what sort of unrealistic expectations had been set and financed against?

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