Which of these electric vehicle makers do you think will survive?
I want to say Rivian will do better than the rest but who even knows at this point.
I want to say Rivian will do better than the rest but who even knows at this point.
Rivian also has the backing of Amazon.
Lordstown is using Foxconn as a contract manufacturer after selling the factory to Foxconn. Foxconn is expected to start producing the Endurance pickup in a few months.Canoo and Lordstown are on their way out before producing major production cars.
Lucid has SA PIF which will easily keep Lucid afloat until 2025+ when they debut their "M3" priced car. Rivian, of course, has Amazon to help keep them afloat as well as the constant hype around them they are getting from influencers and the media.
The video mentioned they need to raise $150m by end of year in order to stay afloat as well.Lordstown is using Foxconn as a contract manufacturer after selling the factory to Foxconn. Foxconn is expected to start producing the Endurance pickup in a few months.
The Lordstown CEO clarified during an interview that the 150 million is to ramp up production next year, not to begin production this year.The video mentioned they need to raise $150m by end of year in order to stay afloat as well.