cross-posted from: https://lemmy.zip/post/51970309
Rivian’s CEO praised the Xiaomi EV’s design after a teardown.
RJ Scaringe said he’d buy the SU7 himself if he lived in China.
He called it a well-integrated, nicely executed technology platform.
There is zero substance in that article so I will save you a click
The real explanation, he said, is simple: China’s extensive government support.
Why did they need to tear it apart to discover the advantage was government funding? It this just a click bait headline?
They wanted to see if there were any cut corners that could help explain the low cost other than government funding and the general low cost of labour in China. Did not find any cut corners during their teardown and sang the cars praises.
So exactly what everyone has been saying in the open for 5 years now. Massive government subsidies.