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Rivian CEO: 'blows my mind' to see US auto makers shifting back to ICE vehicles
- danielsst1f 1y ago[dead]
- Festro 1y agoThis trend has always been wild to me. The USA feels like a solid home of automaking since the inception of the ICE. They don't necessarily make the best cars but they have the infrastructure, knowledge & experience, and culture to innovate and drive the industry forward. The next big generational change in car design matures to commercial viability - the electric motor for cars - and the USA turns it into a bogeyman? Why? This is the next big economic win to take advantage of and the US has the factory and industrial workforce and infrastructure to nail it. Companies vying to be the Ford of the electric era. Instead it gets warped into some political litmus test for communities and people start 'rolling coal' to prove a point. Does it feel good for impoverished industrial communities in the States to see China and BYD leading the way on something they could be doing? There's still time to get back on track but it's running out. China will be pushing viable affordable models in the next few years for first time buyers, the secondhand market is maturing, lease electric cars are competitive in Europe, charge points are not hard to find, gas is only getting more expensive, and most governments have ICE phase out deadlines in place.
- arcane23 1y agoMy guess is ICE cars sell more energy which is packaged as gas, which benefits certain industries. More control over price. Not as much control over electric with solar and other sources. I don't think it's much more than that, it just has a political package.
- strawhatguy 1y agoThere’s too much regulation here to compete. Drones are all Chinese too because of all the FAA restrictions on the technology. For EVs, there were the EV mandates, and there are several restrictions on mining the rare earth metals here like lithium and cobalt that China does not do. Also, the US is physically very large and spread out, with more long distance driving, which plays more into an ice vehicle’s advantages. Sometimes even cheaper and definitely quicker than fast charging on a road trip. Personally I think plug in hybrids could work better, especially EREVs. My concern is governments leaping to the conclusions that full EVs, mandate them, and in so doing lock out promising technologies from improving
- SR2Z 1y agoThe US is big - but these GM EVs under threat all had 200kWh+ batteries and 500mi ranges. The reason why EVs suck in the US comes down to high electric prices, scarce charging points, and the level to which EVs tend to be locked down and unrepairable.
- altairprime 1y agoThere’s no profit in converting to electric vehicles: a trillion dollars of electrical infrastructure upgrade costs would come due from corporate apartment holding companies, small-scale landlords, and parking garage owners having to deploy electric outlets of any wattage to every parking spot currently offered to renters (the majority of car owners) today. Just as with COVID and HVAC air exchange rates, the benefits of doing the work are outweighed by the inability to generate recurring corporate revenue from it. Rivian and Tesla have likely reached saturation with the wealthy homeowner market and none of their profits are being forcibly redirected to the unpaid infrastructure costs, so of course the U.S. is stalled on EVs: the U.S. is stalled on at-home EV charging.
- cherry_tree 1y agoYou say “there’s no profit” and then describe the most tremendous business opportunity in a hundred years. There’s no profit for the current oligarchy; but to say there is no profit to be made from electrifying a billion plus parking spots; to install and manage infrastructure for millions of small business partners, to build new power plants with ever increasing demand — it sounds like a free markets entrepreneurs wet dream. Of course to admit such would be to admit we are in a oligarchic structure that is antithetical to a supposed “free market” and so the capitalists must conjure stories about how electricity just is impossible to produce and electrical lines literally cannot be added to the American infrastructure or it will all suddenly topple over. Differentiating this narrative from the expansion of high speed internet is difficult. Woe is me the oligarchic natural monopoly subsidized or wholly compensated by the taxpayer but unable to advance at all; change is impossible.
- altairprime 1y ago> it sounds like a free markets entrepreneurs wet dream Landlords would either have to give up profit to pay for these installations, and/or raise rent on their tenants to afford them. Many tenants can neither inflation increases in rent, nor increases covering the capital expenditure of electrical outlets in rental parking spots. This share of tenants grows each year that inflation outpaces wages, independent of whether landlords bother with that capital expenditure (which, to date, they largely do not). As this business opportunity is associated primarily with the worker class rather than any wealthy class, the opportunity only becomes profitable when those businesses that employ 'worker class' personnel — think Starbucks barista rather than SFBay A.I. engineer — are distributing profits to those personnel in the form of wage increases to a sufficient degree that the household's renting power is not decreasing. Any wage gap chart will show that, since the 1980s, non-wealthy households — including the former 'middle' class — have experienced a continuous reduction in purchasing power for several decades. One can reasonable assume this will continue barring non-free interventions in the market. Given that any reasonable business would never voluntarily give up profits as wages unless compelled, we can assume that those footing the bill for the 'entrepreneur's wet dream' you describe would be landlords — there is, quite literally, no one else left to pay that bill. The state can't impose regulations requiring such upgrades and let the free market work it out because landlords will simply dump that cost into rent, sharply worsening the nationwide poverty and housing epidemic, which would reduce the total amount of revenue available from the rental market. Neither the state nor the landlords would benefit from that outcome. If you have a different theory of free market that involves business voluntarily sharing revenue with workers without raising price, or landlords investing revenue in enhancements without raising rental costs — and especially without imposing 'non-free' regulatory or union pressures — then I'd love to hear more about that.
- aurareturn 1y agoIt is hardly surprising given these facts: 1. US is the largest oil producer country in the world 2. US knows it has lost the EV race 3. ICE employees have an outsized impact on elections due to where they live
- pengaru 1y ago> 1. US is the largest oil producer country in the world [citation needed] Here's mine, Saudi Arabia is by far the largest exporter: https://en.wikipedia.org/wiki/List_of_countries_by_oil_exports https://en.wikipedia.org/wiki/List_of_countries_by_oil_expor... Perhaps you're confusing oil production with refined petroleum (e.g. gasoline) exports? Edit: Thanks for the correction, looks like for the last 8 or so years US has indeed occupied the top slot for production: https://en.wikipedia.org/wiki/File:EIA_Oil_Production.png https://en.wikipedia.org/wiki/File:EIA_Oil_Production.png
- aw1621107 1y ago> Here's mine, Saudi Arabia is by far the largest exporter: I think it's not unreasonable to think that "producer" means "producer", not "exporter". Wikipedia has a nominally matching article [0], which indeed lists the US as the largest producer of crude oil and lease condensate. [0]: https://en.wikipedia.org/wiki/List_of_countries_by_oil_production https://en.wikipedia.org/wiki/List_of_countries_by_oil_produ...
- JimDugan 1y ago
- jleyank 1y agoThrow in: Unwilling or unable to build out the charger network. No power for EV’s as it’s going to crypto and ai. And to aluminum smelting. And to heating the northern states. And to cooling the southern ones. And losing the energy from wind, solar and geothermal. Maybe nuclear as I don’t know where the guy stands on that.
- rchaud 1y agoThis is definitely what consumers think about when making a ourchasing decision. You can't go more than a couple of miles in a populated area without seeing a gas station. Charger stations on the other hand are few and far in between, and take much longer than a gas refill does. Gas prices are also a major economic indicator in people's minds. They have an idea of what the per gallon cost "should" be, and how much it costs to fill up the tank. They have no such equivalent estimate for electric vehicles.
- tkjef 1y agoAlso, what a lot of consumers think is that it is basically free and it is not.
- deleted 1y ago[deleted]
- ciconia 1y agoI guess now we know what all those tariffs are really about, it's just a way to force other countries to buy American petrol.
- jqpabc123 1y agoThe US is effectively withdrawing from world markets. This is profound and hard to believe --- because it is just plain dumb. China loves it. It is total capitulation to their economic agenda. 25% of US GDP is derived from global trade. Turning your back on this will lower the standard of living for Americans in general by raising prices. Next up in this regression --- a default on US debt.
- Centigonal 1y agonah, stephen miran doesn't want us to default on US debt. Instead, the goal is to devalue the US dollar to reduce the cost of debt service (with the convenient side effect of reducing real incomes while maintaining the wealth of asset holders). see: https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf https://www.hudsonbaycapital.com/documents/FG/hudsonbay/rese...
- jqpabc123 1y agodevalue the US dollar to reduce the cost of debt service The only way to service the debt --- is by selling more debt. Which will become increasingly difficult to do --- which leads to default.
- mint5 1y agoUS trade policy acting like it’s inspired by 17th century China sure is something isn’t it.
- RandomBacon 1y agoI like the idea of vehicles with an electric drivetrain, but I mostly drive a pickup truck and do truck things with it (tow things long distances). Something like the "new" Ramcharger (2026?) is perfect for me. It is a plug-in hybrid with an electric drivetrain, with a V6 generator for adding range. Build more vehicles like that please. Ideally something with Toyota's reliability.
- legitster 1y agoEVs are having their own little dotcom bust right now. You can't say the companies didn't try. Every automaker came out with a near identical EV that was too expensive. And some even made some pretty bold steps to stop ICE production on some models. EVs are still inevitable in the not too distant future so long as batteries keep improving, but the jump is not going to happen overnight.
- garciasn 1y agoThey need to have a true 500 mile range, even at low ambient temperatures. I live in MN; winters are fucking brutal on EVs and their already inflated estimated ranges.
- Kirby64 1y agoWhy? Gas cars get much worse mileage in low temperatures too. Not as bad as EVs, but it is substantial. Many gas cars don’t have 500mi of range, certainly not in dead cold conditions. With the increase of density of fast charging infrastructure (which, is pretty much the only reason you need large ranges in EVs), you require less overall range between stops. What’s needed is access to at home charging infrastructure so cars can be topped off daily.
- sugarpimpdorsey 1y ago> Many gas cars don’t have 500mi of range No but what they do have is the ability to pull into literally any Andy Griffith backwater town gas station and be on their way in 5 minutes. That makes their range nearly unlimited.
- legitster 1y agoThis need is a bit overstated. Keep in mind that unlikes a gas car you can charge up your EV at home. How regularly does the median American actually drive 300+ miles in a single day? The average American household has multiple cars - having at least one of them being a EV commuter appliance isn't that wild of an idea.
- fibers 1y agoLooking at the CEO's source he is talking about the PR release from GM about adding capacity for straight up ICE vehicles. Why the hell aren't they investing in hybrids?
- iamleppert 1y agoPeople could see this coming a mile away. The automakers, whom currently produce the vast majority of vehicles, are tired of financing their competition (Tesla), who for years now has sucked all the air out of the room in the auto industry, despite accounting for a small fraction of vehicle sales overall. The carbon credits are solely responsible for creating Tesla. They created an unfair environment where we have an industry propping up a company that should have never been propped up to begin with. Had it not been for those credits, Tesla would never be able to compete on its own and would have gone bankrupt a long time ago. Electric vehicles have a dubious environmental impact, require special and costly new infrastructure, are inferior economically and do not align with US policy goals around energy. Look at every business who has tried to adopt Tesla vehicles and you will see only failure followed by trying to unload the vehicles for a huge loss. Tesla cannot or will not produce a decent work truck, and are grossly disconnected with the needs of the average American (self driving, robots and other such bric-a-brac need not apply). For those that want to purchase these vehicles, they should remain an option, albeit a minor one. The technology (still quite inferior) needs to stand on its own, not be propped up by the public, the vast majority of us do not want an electric vehicle and will never want one.
- mint5 1y ago>“ Electric vehicles have a dubious environmental impact, require special and costly new infrastructure, are inferior economically and do not align with US policy goals around energy.” Citations needed. Oil extraction is massively damaging, co2 is causing global weather turmoil, exhaust while better than the 70’s for passenger cars/trucks is still an air quality issue, noise pollution is worse for ice. And electric cars are objectively more pleasant and nicer to ride unless one likes loud, slow to accelerate vehicles over smooth and quiet. I guess there will be some who prefer noise and lag for nostalgia. ICE ludism doesn’t matter though, we’re at a tipping point, especially in the rest of the world. Ice cars are become horses and no amount of complaining will stop that.
- FireBeyond 1y ago> And electric cars are objectively more pleasant and nicer to ride unless one likes loud, slow to accelerate vehicles over smooth and quiet. I guess there will be some who prefer noise and lag for nostalgia. "Objective" is reaching a bit. Loud? My last two ICE vehicles have sufficient cabin noise-dampening to the point that one of the manufacturers can actually pump engine noise into the cabin. Tire noise from EVs is more, typically as a factor of increased gross vehicle weight. Lag? Unless you are driving an ICE with a large turbo, what lag? And as the owner of an ICE that can accelerate 0-60 faster than consumer EVs with the exception of Tesla's Performance models (which it keeps pace with) and the Plaid, and who likes having a performant vehicle, I could count on one hand the number of times I've needed that level of acceleration. Regular Tesla Model 3 0-60 times of 5.6s is absolutely in the world of Audi (with multiple entry level models in the 5s range) and even Camry only half a second behind. I like EVs, I've spent plenty of time in them and enjoy driving them. But I think there's a certain irony that often those who squeal "ICE Luddite" seem to also hold views about ICE modernization that are more akin to a time capsule of "the last time I cared about ICE vehicles was 15 years ago, and I'm certain they haven't advanced an inch since then".
- ChrisArchitect 1y agoThis ICE headline did not mean what I thought it might.
- cdaringe 1y agoInternal combustion engine, readers
- tester756 1y agoWhat's the most up to date research about ICE vs EV full life cycle "cleanness"?
- ZeroGravitas 1y agoEU: Electric cars are the cleanest—and getting cleaner faster than expected https://theicct.org/pr-electric-cars-getting-cleaner-faster/ https://theicct.org/pr-electric-cars-getting-cleaner-faster/ USA: A cradle-to-grave analysis from the University of Michigan has shown that battery electric vehicles have lower lifetime greenhouse gas emissions than internal combustion engine vehicles, hybrids and plug-in hybrids in every county in the contiguous U.S. https://news.umich.edu/evs-reduce-climate-pollution-but-by-how-much-new-u-m-research-has-the-answer/ https://news.umich.edu/evs-reduce-climate-pollution-but-by-h...
- datadrivenangel 1y agoMany communities in Florida love electric golf carts. If the right vehicles are available at the right price with the right capabilities people buy them.
- aurareturn 1y agoTariffs made sure that's not possible.
- cdaringe 1y agoIf Rivian made a golf cart Id buy some clubs. It may be my only viable access to a Rivian!
- general1465 1y agoBecause chargers were enshitificated before they were widely deployed. I want to arrive on charger, connect the charging hose, wave a debit/credit card or my phone with NFC interface and start charging. But noooo, you need to have an account with your debit card linked to it and use their half assed application or you won't be able to activate charger. And you should better pray that charger in your destination is actually operational and your car is compatible with the charger, which itself is fucking wild. The whole EV industry essentially ignored lesson learnt for last 100 years using ICE cars - gas pumps, with somebody who can assist you if you don't know do exist for a reason! Rivian CEO should go outside and try what is the average charging experience for an average customer.
- fileoffset 1y agoIn AU, they already have public charging networks (Evie, for example) that allow you to pre register your VIN and just roll up, plug in and it starts charging.
- general1465 1y agoDo you need to pre register your VIN on a gasoline pump? Then why would somebody even consider this as a requirement for BEV...
- Ekaros 1y agoActually I think this sort of feature could sell in regular cars as well. Embed a chip next to filler cap. Then at station just pull out nozzle place it in and in few second automatically start pumping. Then later the charge would go directly to credit card. Many would love it if it was secure enough.
- deleted 1y ago[deleted]
- roncron 1y agoAnd also a simple fact, that current EVs are simply bad products from a UX perspective. Getting a new car has felt like a step up in quality of life, but not so with EVs. You get an overall worse experience. A part from already mentioned issues like, charging infrastructure, range and charge times there are everyday things of living with a car. Removing stocks and buttons for essentials controls like drive select, turn signals, door locks and opening the glove box. Inability to fix small issues like replacing a light bulb or fixing a lock. Aging software that becomes unsupported by manufacturer a few years in. But is much more essential to car operation, than before. And low resale value that makes these very expensive to buy vehicles, essentially single use appliances with planned obsoletion embedded. Living with EVs is tougher than ICE cars. And until that at least equalizes, what regular consumer would want that?