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Benzinga
Benzinga
Business
Badar Shaikh

Rivian CEO Explains Why Chinese EV Makers Are So Hard to Beat: 'The Capital Cost Is Zero'

Rivian RJ Scaringe Rivian Automotive Rivian Automotive Inc RIVN Uber
Rivian,Logo,Is,Displayed,On,A,Smartphone,Screen.,With,The

Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe, during the automaker’s second-quarter earnings call on Thursday, shared his view on why Chinese auto companies were hard to compete against, and it all comes down to the cost structure.

Chinese Cost Structure Differs From the US

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