this post was submitted on 22 Jul 2024
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Automotive Industry
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Yes, it's Steve-O.
And Rivian will become relevant if it ever sells a $40k car.
They're working on it, takes time when you're not a massive auto giant
BYD are taking a more sane approach than Rivian. Tesla literally laid the blueprint, Rivian just decided that selling lots wasn't a priority.
BYD got billions from the Chinese government. Exclusive rights to raw material extraction. The husk of an existing car company with factories ready to go.
Rivan is doing fine in comparison.