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The government wants to raise the price of gas cars by a lot. But in the long run, electric cars are so expensive that gas cars still seem like a better deal.
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Rivian is an electric truck company that wants to compete with Tesla. Despite worries about its finances, it got a good deal to build a new factory in Georgia.
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Demand and manufacturing in the United States are lacking, while overseas supply is increasing.
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The first model is scheduled to be released in 2025.
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Electric vehicles (EVs) continue to account for a growing percentage of new car purchases, but their high cost, limited range, and slow charging speed may deter many buyers from making the switch.
The government wants to raise the price of gas cars by a lot. But in the long run, electric cars are so expensive that gas cars still seem like a better deal.
