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.