Rayyan Islam’s Post

Rivian is a great car. Most people who I know who bought them are very happy. But still, when you look at the overall numbers, it's hard to believe this is going to work out as a business. It's a great lesson for young people. A great product doesn't necessarily make a great business. This phenomenon is not unusual. Do not assume that XYZ is profitable just cuz it looks nice. #entrepreneurship #startup #ev #electriccars

🎉🎉 Get Your Website Today!🎉🎉 Are you ready to take your business or personal brand to the next level? Look no further! Our 📲 free website builder is here to empower you with a stunning online presence. Whether you're an entrepreneur, artist, blogger, or small business owner, we've got you covered. ➡️ Why Choose Our Free Website Builder? 1. 👋 Ease of Use: No coding skills required! Our drag-and-drop interface makes website creation a breeze. Simply choose your elements, arrange them, and watch your vision come to life. 2. 👋 Beautiful Templates : Select from a variety of professionally designed templates. Whether you want a sleek portfolio, an e-commerce site, or a captivating blog, we've got the perfect template for you. 3. 👋 No Hidden Costs: Unlike other platforms, our free website builder truly means free. No sneaky charges, no surprises. Create, customize, and publish without spending a dime. 4. 👋 Responsive Design : Your website will look great on any device— desktop, tablet, or smartphone. Impress your visitors with a seamless browsing experience. ✍️How to Get Started:🏋️🏌️ 1. Visit our website: ➡️Create Your Dream Website https://lnkd.in/ekfAJBes 2. Sign up—it's quick and easy! 3. Choose your template. 4. Customize with your content, images, and branding. 5. Hit publish and share your masterpiece with the world! Don't Miss Out ! It’s perfect time to launch your website. Join our community of creators and entrepreneurs. Get started today and make your mark online! 🚀

"This is ultimately going to turn out to be more of a Volkswagen story rather than a Rivian story." In a major development, Rivian's stock has soared after Volkswagen announced a staggering $5 billion investment in a joint venture with the EV startup. But is this surge here to stay, or is it just a knee-jerk reaction to the news? Join us as we dive deep into the details of this high-stakes partnership. In This Video, We Discuss: • The specifics of Volkswagen's investment in Rivian • How this deal affects both companies' positions in the EV market • The true motivations behind Volkswagen's move – is it really about Rivian or more about VW's own software ambitions? • The potential long-term impact on Rivian's stock and overall market performance Watch our analysis here: https://lnkd.in/gRPUfZbF

Rivian will get a much-needed cash infusion through a new partnership with Volkswagen as automakers large and small rethink their strategies in a slowing electric-vehicle market. The companies announced plans for a joint venture supported by an initial $1 billion investment from VW in Rivian and up to $4 billion more over time. In exchange, VW will get access to the startup’s technology for use in its own EVs and a partner to develop “next-generation” battery-powered vehicles and software. Rivian’s shares soared more than 50% in extended trading after Tuesday’s announcement, recapturing about half of the stock’s year-to-date losses. https://lnkd.in/eB9dJuAn

[Daily Focus News] Transportation "#Volkswagen Group said Tuesday it will invest $1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $5 billion. It’s a boon for #Rivian, which has a tenuous path ahead as it pushes to develop its mass-market R2 SUV. The company’s shares shot up more than 36% in after-hours trading. But it also gives Volkswagen another option for advancing its own software chops — something it has struggled mightily with during this mass transition to electric vehicles. As part of the deal, the two companies will create a joint venture to develop and grow the technology. It will be a 50-50 partnership with co-CEOs, who will report into both Rivian and Volkswagen Group. Rivian will share its electrical architecture expertise with VW and is expected to license existing intellectual property rights to the joint venture." #volkswagen #invest #rivian #ev #startup #software #deal #transportation #kotra #kotrasvitc

Rivian halted construction on a new facility in Georgia due to big losses. EV startup Fisker is in trouble With the industry at a crossroads, California-based electric vehicle startup Fisker has hired advisers to help with a "possible bankruptcy filing," The Wall Street Journal reports, citing anonymous sources. Fisker and other high-profile EV startups have been struggling with mass manufacturing as well as stalling demand for battery-powered vehicles. It comes as the broader automotive sector has been tapping the brakes on EV adoption, with companies such as Ford and General Motors reviewing their lineups to include more hybrid and gas-powered models. A key Tesla analyst just made a grim sales forecast for the EV maker, calling it a "growth company with no growth,” as its revenue expansion and profit have slowed significantly. U.S. Treasury Secretary Janet Yellen said the White House is acting to support the domestic electric vehicle industry. A major lithium-mining project is set to receive a $2.26 billion loan from the Energy Department, per The Wall Street Journal. #EV #govermentsupport #startups

Volkswagen Group Invests Billions in Rivian in Joint Venture https://lnkd.in/ggAuXEdM auto connected car newsRivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) have today announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. It was announced VW is investing $5 Billion in capital. The partnership is anticipated to accelerate the development of software for Rivian and Volkswagen Group. It is expected to allow both companies to combine their complementary strengths and lower cost per vehicle by increasing scale and speeding up innovation globally. Rivian’s proven in-market zonal hardware design and integrated technology platform are expected to serve as

"Results from carmakers show the advantages of having a combustion-engine business to fund—and hedge—the transition to electric." It's a simple financial reality: Neither individuals nor companies can survive when their cash flow is way too volatile and unreliable. "The only [newcomer] companies that have made a meaningful financial success of EVs so far, Tesla and BYD, have done so by building scale." "Building electric vehicles is hugely capital intensive, and if the capital isn’t available in financial markets it needs to come from existing operations." Having a reliable source of cash flow (and a balance sheet with large cash and cash equivalents) enables firms to weather the storm and sustain the business for longer. Of course, the tacit knowledge and insights that incumbent OEMs have acquired over the last century should also not be discounted. One thing that may happen moving forward is ICEV OEMs acquiring struggling EV startups if such startups have a high brand recognition or a cult-like niche following. (Lucid, Rivian, Lordstowne?) Combined with ICEV OEMs' capabilities on mass production and financial resources, those 'brands' just may survive this era of ferment just like Buick, Oldsmobile, and Lincoln did. Or we may see big tech companies snapping up these struggling EV startups and ramp up production with the help of the so-called 'contract manufacturers,' i.e., the Foxconn of cars. No matter what happens, this is an exciting time to be an automotive sector enthusiast! #evtransition #automotiveindustry #industryevolution #cashflowmanagement #schumpeterianmark3

Volkswagen Group Invests Billions in Rivian in Joint Venture https://lnkd.in/gdhbShBm auto connected car newsRivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) have today announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. It was announced VW is investing $5 Billion in capital. The partnership is anticipated to accelerate the development of software for Rivian and Volkswagen Group. It is expected to allow both companies to combine their complementary strengths and lower cost per vehicle by increasing scale and speeding up innovation globally. Rivian’s proven in-market zonal hardware design and integrated technology platform are expected to serve as

Volkswagen Group Invests Billions in Rivian in Joint Venture https://lnkd.in/ggAuXEdM auto connected car newsRivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) have today announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. It was announced VW is investing $5 Billion in capital. The partnership is anticipated to accelerate the development of software for Rivian and Volkswagen Group. It is expected to allow both companies to combine their complementary strengths and lower cost per vehicle by increasing scale and speeding up innovation globally. Rivian’s proven in-market zonal hardware design and integrated technology platform are expected to serve as