Rivian CEO Explains Why Chinese EV Makers Are So Hard to Beat: 'The Capital Cost Is Zero'
Rivian CEO explains why it's hard to compete with Chinese auto companies due to their lower cost structure.
Rivian's CEO says Chinese car companies can make electric cars cheaper because their government gives them lots of free money to build factories. When you're comparing companies, watch how much it costs each one to make cars—that's a big clue about who can win.
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