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Just saw this, an interesting perspective. Still, if I was GM, I'd be throwing my money at Rivian

https://www.autonews.com/blogs/gm-investment-rivian-would-send-wrong-messages

The news that General Motors is contemplating investing in startup pickup maker Rivian is troubling for a multitude of reasons that have nothing to do with the quality and engineering of Rivian's slick-looking battery-powered truck.
First, there's the optics of the situation.
GM is closing plants when it is solidly profitable. If GM is so concerned about future profitability, how could investing tens of millions of dollars -- or more -- in an unknown product from an unknown company be wise when many internal issues could use funding to make GM's business healthier?
Amazon will lead a $700 million investment in Rivian, we learned last week.
GM CEO Mary Barra had nothing new to say about the automaker's potential investment at an event Monday, so apparently nothing has been finalized.

What's the business case?
But if I'm a GM shareholder, I would want to see the business case for an electric pickup. I'd want to know how GM has determined that its investment would be profitable and eventually repay the company.
An electric pickup looks like a risky gamble.
What we know about the duty cycle of most pickups is that they are often used for work -- towing trailers, hauling with beds full of heavy cargo. Because pickups are inherently nonaerodynamic, it takes a lot of energy to move them down the highway. An electric powertrain in a pickup tasked with towing or hauling would have a limited range.
So let's be honest: Rivian's cool looking electric pickup is really more of a fashion accessory -- a toy for rich Silicon Valley and California entrepreneurs -- than a real truck designed for what real trucks do: work.
I hope Rivian is successful, but not with GM's money.
GM's past failures
And let's not forget that GM has more experience -- all bad -- with electrified pickups than any other automaker. It's tried twice with hybrid versions of the Chevrolet Silverado and GMC Sierra and failed miserably, despite the fact that the 2004 and 2009 versions were solidly engineered and worked well.
I understand that GM fears another Tesla, but an investment in Rivian -- or any other startup automaker -- is a slap in the face to GM's own engineers and designers. It tells them in part that GM's management values the work of another company more than that of its own employees.
Any money that could go to Rivian could be better spent shoring up weak areas inside GM that need immediate attention. Here are a few suggestions:
-- Service: Many GM customers know they can't get consistently good service at all the company dealerships. GM should invest in programs that help dealers raise the level of customer satisfaction for service to Honda and Toyota levels. In fact, this should be job one for GM.
-- Cadillac: The brand's rebuilding could be pulled forward and accelerated with any money GM could use to invest in a vanity project.
-- Selling technology: GM could set aside money to figure out how to solve a long-standing problem of successfully selling its technology. No automaker I know of has spent more money to develop technology only to see it fail in the marketplace.
It goes back to the EV1 electric car of the 1990s, carried on to the short-lived four-wheel steering system on GM pickups in the early 2000s -- a revolutionary idea that made a Silverado handle like a Corvette -- and continued through iterations of hybrids, head-up displays, Night Vision and many other innovations that came out and failed. GM was the first domestic automaker with an in-car navigation system and failed to capitalize on it.
In short: GM needs Rivian like a fish needs a bicycle.
 

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I think its pretty simple, GM should just focus on their own companies. Cadillac has a lot of potential but isn't being exercised. Who ever is in control of Cadillac isn't allowing the brand to grow although with recent models my hope in them is restoring.
 

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It would probably help GM's case if they actually built their new models domestically. Sure the nature of the industry dictates that you go where manufacturing is the cheapest, but they've lost their identity as a American brand in the process.
 

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I can understand why they want a piece of Rivian, because these smaller independent automakers are looking to make some big waves in the industry. If they get in early enough, they could see some huge returns on their investment.
 

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Apparently the main reason the GM discussions fell through is because they wanted more control and exclusivity than Scaringe wanted. ...
Good article by NY Times on R.J. Thanks @R99 . For me it confirms or validates a couple of things.

* Confirms what was rumored around the time Ford made their investment last April on why RJ said "thanks, but no thanks" to GM on their offer.
* And I probably won't receive my Rivian until 2021 (versus late 2020)

Even though I submitted my Rivian pre-order months ago and Rivian saying repeatedly production will start in late 2020, I've been mentally preparing myself that my EAV probably won't be ready for delivery until 2021, especially after reading the following two statements from article:

* "Rivian has received tens of thousands of reservations from buyers who have made deposits of $1,000 each."
* "Mr. Scaringe is promising only about 20,000 to 40,000 vehicles in 2021, the first full year of production."

Sure wish we knew where we are in the pre-order line. My only hope is more of "under promise, over deliver" and my Rivian becomes available in late 2020. ;)
 

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Good article by NY Times on R.J. Thanks @R99 . For me it confirms or validates a couple of things.

* Confirms what was rumored around the time Ford made their investment last April on why RJ said "thanks, but no thanks" to GM on their offer.
* And I probably won't receive my Rivian until 2021 (versus late 2020)

Even though I submitted my Rivian pre-order months ago and Rivian saying repeatedly production will start in late 2020, I've been mentally preparing myself that my EAV probably won't be ready for delivery until 2021, especially after reading the following two statements from article:

* "Rivian has received tens of thousands of reservations from buyers who have made deposits of $1,000 each."
* "Mr. Scaringe is promising only about 20,000 to 40,000 vehicles in 2021, the first full year of production."

Sure wish we knew where we are in the pre-order line. My only hope is more of "under promise, over deliver" and my Rivian becomes available in late 2020. ;)
They've definitely kept the under promise over deliver mantra so far, and I'll keep my fingers crossed it's the same for production.

I'm very curious as to what the diffrence was between the Ford and GM offers were. My guess is GM didn't want to let Ford sell the skateboard platform to other companies and Ford was ok with it.
 

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Good article by NY Times on R.J. Thanks @R99 . For me it confirms or validates a couple of things.

* Confirms what was rumored around the time Ford made their investment last April on why RJ said "thanks, but no thanks" to GM on their offer.
* And I probably won't receive my Rivian until 2021 (versus late 2020)

Even though I submitted my Rivian pre-order months ago and Rivian saying repeatedly production will start in late 2020, I've been mentally preparing myself that my EAV probably won't be ready for delivery until 2021, especially after reading the following two statements from article:

* "Rivian has received tens of thousands of reservations from buyers who have made deposits of $1,000 each."
* "Mr. Scaringe is promising only about 20,000 to 40,000 vehicles in 2021, the first full year of production."

Sure wish we knew where we are in the pre-order line. My only hope is more of "under promise, over deliver" and my Rivian becomes available in late 2020. ;)
Rivian also tweeted recently that they're still on target for 2020 production and 2021 delivery. Hopefully it doesn't change with the Amazon order.

 
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