2min chapter

Bloomberg Technology cover image

Lyft's Slow Growth and Rivian's Capital

Bloomberg Technology

CHAPTER

The Progress of Escalade IQ

I feel good about our pricing. Are these vehicles going to be profitable when you start selling them? Yes. And are you going to be able to make a million of them in 2025? Not the Escalade IQ. Yeah, electric vehicles. I think we're well on our track. We did 50,000 here. First half a year, that was our target. And we did that. You got to bring cell plants along online as you do the assembly plans to make these. Our first plant in Laurynne, Ohio is now full capacity and running really well. On the second one will be in Spring Hill, Tennessee, right next to our LIR facility there.

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