Cyrus Mewawalla, head of thematic intelligence at GlobalData, says Volkswagen’s partnership with Rivian is a step in the right direction, but it will take a long time to pull off.
Rewards of Volkswagen’s Rivian deal won’t be felt for years: analyst
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This guy will be eating his words when rivian becomes one of the major players.
I hope he comes back to face the people he convinced
too right
In the early 2010s, Android phones dominated the market share, but Apple reaped the most profits. Similarly, while Chinese car brands now outsell Western ones, the crucial question is their profitability per vehicle.
checkmate
How long is the deal?
i am up already with rivian shares,old news and i think and if Rivian make premium you need to watch 😮💨
Seeing how Tesla and Toyota are both failing at trucks, they should team up to make at least one proper one.
Tesla makes junk cars.
Doesn’t have to be trucks. Any semi-affordable alternative to Tesla will sell, there’s just too many of them out, it’s no longer a cool novelty
Without this influx of funds from VW, RIVN will reach bankruptcy later this year. With it, and VW knows this, it will simply delay the inevitable; this will then give VW first dip at RIVN’s assets.
This guy is a propaganda machine in a losing war 😂