The robotic arms are suitable for a wide array of manufacturing tasks, but right now they’re mainly used for surface finishing - including the tedious task of sanding parts by hand, which is increasingly becoming a task humans are keen to let robots do. GrayMatter’s artificially intelligent robots and sensor networks are used to automate factory tasks the company deems too boring or ergonomically challenging for humans. Hold on tight, who knows where we’re going next.
The next few days saw even further declines as virtually the entire market saw massive losses, but then Rivian rallied partially on the back of their earnings report on Wednesday, gaining 28% back by Friday. Last week, Rivian shares dropped 21% on Monday after Ford, another early investor, announced its intent to sell 8 million shares. The stock plunge marked another wild turn for the EV manufacturer. Amazon has previously said it hopes to buy 100,000 delivery vehicles from Rivian by 2030. The ecommerce/streaming/cloud computing/AI megacorporation controls an 18% stake in Rivian as one of the company’s largest early investors. Regardless, the dispute could hamper Rivian’s ability to deliver electric vans to Amazon on time. Rivian says the price hike from CVG violates the supply contract. The dispute hinges on whether or not Commercial Vehicle Group is allowed to raise the prices of its seats after Rivian made engineering and design changes to the original version. The legal issue could mean that Amazon may not receive their electric vans on time. The electric vehicle maker is suing Commercial Vehicle Group (CVG) over a pricing dispute related to the seats that the supplier promised, according to the Wall Street Journal. At present, a takeover of the existing VDL NedCar plant seems the most likely option.Rivian’s stock lost 7% yesterday on the back of news that the company could face delays in fulfilling Amazon’s order for a fleet of electric delivery vans due to legal issues with a supplier. The location of the planned European plant has not yet been decided. In the meantime, it has been decided that the publicly listed company will build its second plant in the US state of Georgia.
The vehicles will be built at the former Mitsubishi plant in Normal, Illinois. Rivian had delivered the first examples of the R1T in autumn 2021 after some delays. So even pre-orderers of the cheaper ‘Explore’ package will have to wait until 2023. It is precisely this combination that is to be built “as a priority” in 2022. However, the prioritisation is not only about the battery, but also the equipment: according to Scaringe, the “vast majority” have configured an “Adventure package with a Large Pack battery”. How many customers opted for the basic 105 kWh battery (230 miles or 370 kilometres), which is also not yet offered, is not clear from the mail. For this battery pack, an energy content of 180 kWh has reportedly been announced, which should enable a range of more than 400 miles (644 kilometres).įor the initially available ‘Launch Edition’ and the freely configurable ‘Explore’ and ‘Adventure’ trims, Rivian had only offered the medium battery pack with 135 kWh and 300 miles of range (482 kilometres) – called ‘Large’. He said the largest battery version had only been chosen by about 20 per cent of customers. This was announced by CEO RJ Scaringe in an email to customers. The reason is that most of the approximately 71,000 pre-orderers of the R1T and R1S in the US and Canada have chosen the medium battery option and will be prioritised. Rivian has postponed deliveries of its R1T and R1S models with the largest battery to 2023. BEV Electric Pickups Electric SUV Electric trucks R1S R1T Rivian Automotive
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