cross-posted from: https://lemmy.zip/post/51970309

Rivian’s CEO praised the Xiaomi EV’s design after a teardown.

RJ Scaringe said he’d buy the SU7 himself if he lived in China.

He called it a well-integrated, nicely executed technology platform.

  • freedom@lemy.lol
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    1 day ago

    I think the difference is in the breadth of control they can exert. US buying 10% stake in Intel, bailing out auto manufacturers, giving tax incentives to expedite select industries, etc… are very similar to Chinese state control, but not identical.

    Fair assessment that’s it’s not a true communism, but it mimics the aftermath of a failed communism which is seen over and over, hence the reference.