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.
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.
Lithium prices are down 80% since 2022 and new mining investments for it have dried up.
EVs are absolutely “advanced manufacturing” though. You don’t just stand up a battery plant in a country, let alone an automotive manufacturing industry when said country doesn’t even make cars today. You could obviously do it, but the costs are outrageous.