Rivian CEO RJ Scaringe said everyone’s fixation on the cost of China’s EVs is wrong because it’s “that the technology is much better” and “if I were an existing manufacturer, I’d get less hung up on the cost and more focused on ‘the cars are actually better.'”

  • gravitas_deficiency@sh.itjust.works
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    1 day ago

    The companies are subsidized, not the manufacturing. The manufacturing got off-shored at least two decades ago to increase shareholder value.