this post was submitted on 29 Aug 2023
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Rivian CEO issues strong statement about people who purchase gas-powered cars: ‘Sort of like building a horse barn in 1910’ (www.yahoo.com)
submitted 1 year ago by L4s to c/technology
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Rivian CEO issues strong statement about people who purchase gas-powered cars: ‘Sort of like building a horse barn in 1910’::"I don't think I would have believed it."

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[–] [email protected] 2 points 1 year ago

The average age of cars on the road in America today is 12.5.

They better be attractive in 10 years or they won’t have an easy time with initial sales. The EV glut on dealer lots right now is representing that now - ICE vehicles are backlogged but EVs are plenty (but overpriced for their longevity).