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Topic: auto industry

A Rivian electric vehicle
Business
Saturday, 6/27, 12:12 AM

Rivian's CEO Says Carmakers Retreating From EVs Risk Falling Behind

  • RJ Scaringe, chief executive of the Amazon-backed electric-vehicle maker Rivian, argues that traditional automakers pulling back on EVs are making a costly mistake — even as US electric-car sales slump and federal incentives disappear.
  • Skeptics say demand has genuinely cooled.

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