Inside, the Endurance has a design that doesn't reinvent the wheel. For more information about the Endurance's fuel economy, visit the EPA's website.
#Lordstown endurance vs rivian update
When we get a chance, we'll take the Endurance on our 75-mph highway fuel economy route and update this story with test results. The EPA hasn't released fuel economy estimates for the Endurance yet, but we expect to see ratings as high as 70 MPGe city. While that number sounds plausible based on the current driving range of many EVs, it falls short of the R1T's maximum estimate of 314 miles. The Endurance comes with a 109.0-kWh battery pack that Lordstown says is good for about 200 miles of driving per charge. It's actually closer to mid-size, unibody pickups such as the Ridgeline. That's a far cry from the five-figure tow ratings that are being touted by the Rivian R1T. Lordstown has said that the Endurance will be able to tow up to 8000 pounds, but it hasn't disclosed any details about its payload capacity.
But that estimation puts it at the back of the pack. Acceleration is fairly brisk for a pickup truck and we estimate that the Endurance will hit 60 mph in 6.3 seconds.
This four-wheel-drive setup features an electric motor mounted directly in each of the truck's wheels, which reduces the number of moving parts and-according to Lordstown-improves reliability and is less expensive to maintain. We're told the Endurance will make a combined 440 horsepower from its futuristic hub-motor system.
The company is planning to deliver its R1T pickup truck in September, potentially becoming the first to market.Lordstown has said that it's targeting a starting price of around $65,000 for the forthcoming Endurance, but it hasn't given a detailed list of the truck's available features and options just yet. But at least Rivian's delivery timeframe for its RIT pickup truck is ahead of Tesla. (STLA) as well as hot Chinese EV startup Nio, Inc. At an $80 billion valuation, Rivian will have a market cap higher than legacy automakers such as General Motors Corp (NYSE:GM), Ford Motor Co. Musk replied Rivian should have delivered at least one vehicle per billion of its valuation before its IPOs.ĭon't want to be unreasonable, but maybe they should be required to deliver at least one vehicle per billion dollars of valuation *before* the IPO?- Elon Musk August 28, 2021 Tesla CEO Elon Musk had an interesting take on Rivian's proposed valuation when a Twitter user commented on it. (NASDAQ:TSLA)'s Cybertruck, which is in the works, will be up against Rivian's R1T. Rivian is developing two EVs – R1T, a pickup truck, and R1S, an SUV. The company's eye-popping proposed IPO valuation has elicited mixed reaction from investors. (NASDAQ:AMZN)-backed EV startup Rivian confirmed Friday it has confidentially filed for an initial public offering that reportedly could value the company as much as $80 billion.
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