Rivian CEO says it 'blows my mind' that the US auto industry is reprioritizing capital toward gas-powered vehicles

[Yo_Mama_Been_Loggin]

Rivian CEO RJ Scaringe never thought he would see the United States turn back to gas-powered vehicle expansion. Then it did.

Combustion engines are once again on the rise. Recently, General Motors announced a $4 billion investment in American gas-powered vehicle production. Meanwhile, the US government moved to end many of its green energy and electric vehicle expansion programs and incentives, such as the EV tax credit.

Speaking on the "InsideEVs" podcast, Scaringe said that the shift had perplexed him — and that it may give companies like Rivian one small advantage.

Scaringe said 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."

https://www.msn.com/en-us/money/companies/rivian-ceo-says-it-blows-my-mind-that-the-us-auto-industry-is-reprioritizing-capital-toward-gas-powered-vehicles/ar-AA1LbNV5

[Prairie Gates]

1. They forget the basic truth that JFK gave us years ago

For, in the final analysis, our most basic common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal.

Whether war or climate catastrophe, the point is the same.

[Torchlight]

2. Mr. trump and Putin want the US to remain static if not backwards

as the advanced world progress beyond internal combustion. If patient and played well (as Putin is doing), it's an effective method of reducing a nation's influence, leverage, prestige, and power.

[Initech]

3. It's because people wanted the fucking asshole in charge. Again.

And now he's dragging the entire country down to his level.

[sinkingfeeling]

4. Yep, other countries like Norway heading into the future while we go back a century.

[hunter]

7. China is the leading nation for electric car production.

No other nation comes close.

Most U.S. Americans are entirely clueless about what's going on in the rest of the world.

China would happily build electric cars to U.S.A. specifications if trade barriers and the threat of trade barriers didn't get in the way.

Alas, electric cars will not solve any serious environmental problems. Car culture itself is a major environmental problem, regardless of what powers the cars.

We need to rebuild our cities, turning them into attractive affordable places where most people simply can't be bothered to own a car.

Generally the people with the smallest environmental footprints live in cities, don't own cars, and don't eat a lot of meat and dairy products.

[OC375]

5. LOL

Next time, perhaps you can make a company that builds cars wth a base price of less than $72,000?

[tanyev]

6. I hear you, RJ. After 4 years of an absolute horror show with Donald Trump in charge,

I thought the country would never go back to him. But here we are.

😒