? Rivian IPO S1 Filing - reveals preorder numbers, R1S delivery date, Autonomous Subscription Fee & more...

[lolmpg]

Anyone know (or educated guess) how might a pre-order holder access the directed share program?

Airbnb offered directed shares in their IPO to hosts. We had a maximum allocation we could request, which was then reduced based on demand. We had to open an account with Merrill Lynch and then transfer funds there before the IPO date.

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[thrill]

Yeah, I can see the appeal of "by the mile" but I can also see why Rivian would be like "yeah, no, fuck that, we want your $$..."

I AM curious what the cycle is on these subs. Is it month to month, quarterly, or annual.

I'd assume monthly (would suck to pay for a year sub and then sell the car 6 months into that year...).

I'm hoping, and suggested to Rivian, that they will bill by the kilowatt for their "Features+" (my word) offering. Don't drive much? Then you won't pay much.

 

[Monkey]

I think any vehicle launching without 800V charging is already outdated. Even GM figured this out.

It isn’t that simple, 800V charging is going to overload or overheat most current battery pack systems or cause undue wear on them. GM is able to offer this on their Halo Hummer EV because of the sheer size of the battery pack 200KWh+ on the EV3X with WTF upgrade or Edition 1. They only offer it on the higher trims with the largest packs as it can distribute enough power across the pack while charging so as not to overload any one cell or module. All this talk about 350KW+ or 800V+ and charging EVs in 15 minutes or less is really just that, talk. Won’t be a common thing until battery tech improves some more.

 

[thrill]

If anyone is familiar with these documents. There are a bunch of places where there are clearly values missing. Like the % of shares set aside for the directed purchase, initial share price (and other stuff). Is that normal for an S-1? Is that something with the format of the doc we are reviewing (webpage and not a PDF) or do they just leave that blank for now and determine the final values prior to IPO?

Yes, they can update those with basically a change document once they have better information.

 

[echerod]

If anyone is familiar with these documents. There are a bunch of places where there are clearly values missing. Like the % of shares set aside for the directed purchase, initial share price (and other stuff). Is that normal for an S-1? Is that something with the format of the doc we are reviewing (webpage and not a PDF) or do they just leave that blank for now and determine the final values prior to IPO?

The latter

 

[Temerarius]

I hate the mile/minute reference. Partially because of implementation on some manufacturers. Depending on how I drive, my ID.4 says it's charging at a different mile/min for the same damn kw, because their logic works off the GOM. So 125kw may be 5 miles/minute, it may be 7 miles/minute. It's also much harder to see if something isn't doing what it's supposed to.

The other issue is that "Miles per minute" thing doesn't really address the white elephant in the room... 80%+ battery level. If my wife plug in her EV at 75% and wants to hit 100% before a long leg of a trip, and finds out that she's not getting 140 miles of charge in 20 minutes (more like 40 miles in 20 minutes)... ya know who she is calling... It AIN'T RIVIAN.

 

[SeaGeo]

It isn’t that simple, 800V charging is going to overload or overheat most current battery pack systems or cause undue wear on them. GM is able to offer this on their Halo Hummer EV because of the sheer size of the battery pack 200KWh+ on the EV3X with WTF upgrade or Edition 1. They only offer it on the higher trims with the largest packs as it can distribute enough power across the pack while charging so as not to overload any one cell or module. All this talk about 350KW+ or 800V+ and charging EVs in 15 minutes or less is really just that, talk. Won’t be a common thing until battery tech improves some more.

They have 800v on multiple levels. The max is 350kW, but they still communicate that the lower size batter is 300kW. That's still on a 800v system (which my understanding is just splitting the pack similar to the Rivian patent).

Also, the same kW on 800v produces less heat than on a 400v system. So there's a benefit there as well.

 

[kurtlikevonnegut]

The other issue is that "Miles per minute" thing doesn't really address the white elephant in the room... 80%+ battery level. If my wife plug in her EV at 75% and wants to hit 100% before a long leg of a trip, and finds out that she's not getting 140 miles of charge in 20 minutes (more like 40 miles in 20 minutes)... ya know who she is calling... It AIN'T RIVIAN.

Go into her phone prior to said trip and change the phone number under your contact to that of your Rivian Guide.

 

[Temerarius]

I'm hoping, and suggested to Rivian, that they will bill by the kilowatt for their "Features+" (my word) offering. Don't drive much? Then you won't pay much.

And if I was an evil little man I'd say, "Sure!" and then put in place a sliding scale, the less you drive, the more you are charged per KWh of use so that at the end of the day, if you drove less, or more, I still get the same amount.

...if I were an evil little man...

 

[thrill]

And if I was an evil little man I'd say, "Sure!" and then put in place a sliding scale, the less you drive, the more you are charged per KWh of use so that at the end of the day, if you drove less, or more, I still get the same amount.

...if I were an evil little man...

Sooooo .... how tall are you?

 

[Blg3404]

Personally, I think the only fair thing is that if Rivian isn’t allowed to sell me a car in PA, surely PA isn’t owed a cent of sales tax from my out of state transaction

Agree with this! Ohio doesn't deserve my cash lol

 

[sierraskier]

Can someone with more knowledge of the sales model comment on what the ramifications are of living in a restricted state?

 

[Blg3404]

Can someone with more knowledge of the sales model comment on what the ramifications are of living in a restricted state?

I know people in Michigan came to Ohio to buy Tesla but in terms of taxes and whatnot I am not sure

 

[Aroohoo]

Can someone with more knowledge of the sales model comment on what the ramifications are of living in a restricted state?

Sales restricted, worst case you would have to complete your purchase in a state that they are allowed to sell in.

In lieu of physically going there, you may have the option of completing the transaction in that state then having the vehicle shipped to you.

Tesla did this in several states before they got the laws changed (and I believe they still do in some)

WRT to taxes, it depends on your state. All states that I have lived have required me to pay sales tax on a vehicle if I registered it in their state within some amount of time of purchase as new (e.g. 6 months) or if it had less than x miles on it.

 

[Temerarius]

Sooooo .... how tall are you?

Under 6 foot... so probably lucky I'm not in charge of pricing plans. ?

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