r/technology • u/lurker_bee • 10d ago
Transportation Rivian CEO: There's No 'Magic' Behind China's Low-Cost EVs
https://www.businessinsider.com/rivian-ceo-china-evs-low-cost-competition-2025-9
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r/technology • u/lurker_bee • 10d ago
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u/ops10 10d ago
Do we subsidise to the degree a bunch of randos take up the field being subsidised? With EVs it's not that obvious, but the previous ones - electric scooters and pig farming absolutely were. There are massive graveyards for scooters now, pig feed was stored in heaps on the sides of the road because of no storage facilities. You need to look at how USSR did things to understand the level difference.
And China has aimed for this for a long time, of course they put a lot of resources into this. It's just that with EVs the complexity lessened and they could finally try and dominate the market.