Rivian CEO Says US Needs More Under $50K EVs To Catch Up To China: 'You Have To Have The Plumbing Right'

Rivian Automotive RIVN CEO RJ Scaringe didn't hold back at the NVIDIA GTC conference when he shared being upset at how far ahead China is than the U.S. in EV market share. Here's what Scaringe said sets China apart and how the U.S. can catch up. What Happened: Scaringe has positioned Rivian to be a pure-play electric vehicle company, to have models that all consumers will enjoy and can afford. The company just isn't there yet and according to Scaringe it couldn't come soon enough. During his recent GTC Conf ...