Competition is great, a company that can’t produce a quality product and ships a CAR with beta level software that can’t update OTA is NOT competition.
The auto industry is highly unfavorable to startups, the competition you want will come from the old ICE OEMs.
Likely well deserved — but still unfortunate. The EV space only benefits from more options and more competition.
Competition is great, a company that can’t produce a quality product and ships a CAR with beta level software that can’t update OTA is NOT competition.
The auto industry is highly unfavorable to startups, the competition you want will come from the old ICE OEMs.
My wife was thinking between the Rivian s3 and the Fisker as our next vehicle.
This makes me sad to hear.
Rivian has been doing layoffs at their BloNo plant recently. I’m not sure if it’s just like everyone else in the tech sector or if demand is down.