Startups

How Electric-Vehicle Startups Are Coping in Coronavirus Pandemic

  • Rivian, which has been talking up its electric truck and SUV (below), and Lucid, with its near-production Air luxury sedan (pictured above), have both had to reschedule events due to the coronavirus pandemic.
  • Some EV startups were in the middle of building factories when shelter-in-place orders were given.
  • The agility that is a characteristic of startup culture is keeping the work going at some of these companies.

    Update 4/8/20: The Chicago Tribune reports that Rivian’s delivery timeline for the electric R1T pickup has slipped to 2021 from 2020. The reason for the delay is that the retooling of the Normal, Illinois, plant has come to a standstill because of the coronavirus pandemic.

    At a time when traditional automakers with decades of manufacturing and selling vehicles under their belts are announcing that they’re extending their shutdown of operations, EV startups are in even more precarious position. Most don’t have the capital

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