Sou Hu Cai Jing·2025-10-24 00:25Core Insights - Rivian is actively monitoring global trends despite not entering the competitive Chinese market, as indicated by CEO RJ Scaringe's recent comments on the Xiaomi SU7 [1][4] - Scaringe praised the SU7's technology platform, highlighting its effective execution and high level of vertical integration [1] - He noted that the cost structure of the SU7 is influenced by macroeconomic factors such as lower labor costs and substantial government support in China [4] Group 1 - Rivian's CEO conducted a teardown of the Xiaomi SU7 for benchmarking purposes, which aligns with industry practices [1] - The SU7 has received positive feedback from both Rivian's CEO and Ford's CEO Jim Farley regarding its performance [1] - Scaringe expressed that if he lived in China, the SU7 would be a car he would consider purchasing, provided Rivian does not sell in China [4] Group 2 - The CEO emphasized that the SU7's affordability and popularity are not due to any secret formula but can be attributed to observable cost structures [4] - He pointed out that the U.S. Department of Energy approved a $6.6 billion loan for Rivian to support the construction of a new factory in Georgia, which reflects the company's financial backing [4] - Scaringe urged stakeholders to focus on tangible factors affecting the electric vehicle market rather than viewing China's electrification speed as a mystery [4]