How to build a $16B car company with RJ Scaringe, founder of Rivian – Cheeky Pint

How to build a $16B car company with RJ Scaringe, founder of Rivian – Cheeky Pint — Transcript

Market views

Bullish

RIVN— Rivian has 35% market share in premium electric SUVs over $70,000, plans to produce 175,000 R2 vehicles at their Illinois plant, and secured a $5.8 billion deal with Volkswagen for their zonal architecture technology
VWAGY— Volkswagen recognized the need for modern software-defined architecture and partnered with Rivian in a $5.8 billion deal to acquire this critical technology
CHINESEEVS— China has 3.5-4x higher EV adoption rates than the US with a steep growth curve, indicating structural advantages for Chinese EV manufacturers

Bearish

AUTO— Traditional automakers without software-defined architectures will lose market share by early 2030s as the industry undergoes fundamental transformation
AUTOSUPPLY— Traditional auto suppliers face disruption as integrated architectures replace fragmented systems with 50-150 separate computers per vehicle

Not investment advice.