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.'”

  • MrMakabar@slrpnk.net
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    1 day ago

    Bad management. Just look at Europe. It is in many ways a US colony. Tesla which used the subsidies best, has an insane CEO and the main new product can not be sold in Europe. GM is basically not even competing since selling Vauxhall/Opel. Chrysler has been merged into Stellantis, so taken over by European car makers. Only Ford manages to do somewhat well.