Rivian CEO says EVs have 'become political' but they shouldn't be
Briefly

Rivian CEO says EVs have 'become political' but they shouldn't be
""We try very hard not to make what we're doing political," Scaringe said on the "Decoder" podcast."
""They shouldn't be," he said."
""We spend a lot of time with the administration on that, and there's a lot of support and enthusiasm for what we're creating and building in that regard," he said."
"In August, Scaringe said that he saw a "reprioritization of capital towards internal combustion," one that was "very bad for my kids and their kids, and very bad for the US auto industry.""
Electric vehicles have become politically polarized and should not be tied to a single political party. Rivian aims to depoliticize EVs and highlights bipartisan interest in its vehicles. The company employs almost 16,000 people in the United States and emphasizes a strong domestic technology team. Federal policy changes removed the EV tax credit and blocked state efforts to phase out new gas-powered car sales, prompting several automakers to scale back EV plans. Significant investments into U.S. manufacturing have shifted toward internal-combustion production, and analysts expect an industry-wide slowdown as capital reprioritizes away from electrification.
Read at Business Insider
Unable to calculate read time
[
|
]