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Monday, May 23, 2022 8:02:11 PM
Rivian is old tech and now I hear the Foxconn JV is even bigger than Lordstown Motors Endurance spotlight which is in production with several makes and models already and gearing towards engineered, frequency, driven EV's.
Can you imagine that. No petroleum or battery electric power but instead a small battery storage source for lights and driven by frequency? It will turn the automotive manufacturing sector, upside down.
I believe Rivian went from over $150 pps to $20 in short order because of Lordtown Motors patented In Hub Motors together with Foxconn becoming a now partner with many more EV's to showcase and beyond. This may just become the largest JV of all time.
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