Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe reportedly said on Thursday that he expects policy shifts under the Trump administration to create “small speed bumps” for all EV makers in the near term but warned legacy automakers to not underinvest in electric vehicles.
What Happened: In an interview with InsideEVs, Scaringe said that he is building a business for the next few decades and that unfavorable EV policy will only make it a “a little more challenging” for the next couple of years.
Negative changes to EV policy will affect all EV makers in the near time and cause small speed bumps he said. While rival players underinvesting in EVs in the short term might be good for Rivian from a competition standpoint, it would be bad for the overall shift to EVs in the U.S. in …
Full story available on Benzinga.com
Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe reportedly said on Thursday that he expects policy shifts under the Trump administration to create “small speed bumps” for all EV makers in the near term but warned legacy automakers to not underinvest in electric vehicles.
What Happened: In an interview with InsideEVs, Scaringe said that he is building a business for the next few decades and that unfavorable EV policy will only make it a “a little more challenging” for the next couple of years.
Negative changes to EV policy will affect all EV makers in the near time and cause small speed bumps he said. While rival players underinvesting in EVs in the short term might be good for Rivian from a competition standpoint, it would be bad for the overall shift to EVs in the U.S. in …
Full story available on Benzinga.com
Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe reportedly said on Thursday that he expects policy shifts under the Trump administration to create “small speed bumps” for all EV makers in the near term but warned legacy automakers to not underinvest in electric vehicles.
What Happened: In an interview with InsideEVs, Scaringe said that he is building a business for the next few decades and that unfavorable EV policy will only make it a “a little more challenging” for the next couple of years.
Negative changes to EV policy will affect all EV makers in the near time and cause small speed bumps he said. While rival players underinvesting in EVs in the short term might be good for Rivian from a competition standpoint, it would be bad for the overall shift to EVs in the U.S. in …Full story available on Benzinga.com Read MoreDonald Trump, electric vehicles, EVs, mobility, News, RIVN, RJ Scaringe, Tech, RIVN, News, Tech, Benzinga News
