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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.'”

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[-] DragonTypeWyvern@midwest.social 5 points 3 weeks ago

Uh huh. So China's subsidies make them competitive and America's makes them lazy, I wonder if maybe there might be another problem in this equation.

[-] TBi@lemmy.world 25 points 3 weeks ago

China doesn’t bail out companies. It funds new companies to help them get started, but if you fail you fail. You don’t get bailed out.

[-] njm1314@lemmy.world 10 points 3 weeks ago

Plus when our companies fail the CEOs get golden parachutes whereas if their companies fail the CEOs might get pushed out of plane without any type of parachute..

[-] TBi@lemmy.world 5 points 3 weeks ago

Tackling out of planes is more like Russia. Look at Jack Ma. He’s alive and well. Probably he was smart enough to shut up and take what he was given.

[-] massive_bereavement@fedia.io 3 points 3 weeks ago

Evergrande looking like 👀

[-] MrMakabar@slrpnk.net 12 points 3 weeks 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.

[-] tyler@programming.dev 1 points 3 weeks ago

Uh no. You conveniently ignored the most important part of my comment.

this post was submitted on 15 Sep 2025
125 points (100.0% liked)

Electric Vehicles

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