And with having competition it also leads to who can make the best product at the lowest cost. So it will help make EVs cheaper.
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That 300k/per car could have been going to R&D for Gravity. Since from what every video i have watched don gravity, it seems they poured a-lot of cash into it.
BMW will be using zonal architecture in their "Neue Klasse" cars.
Four “Superbrains“ for the Neue Klasse by BMW
Smarter, more efficient, more powerful: The BMW Group presents an innovative combination of soft- and hardware for the Neue Klasse. Find out more about its four superbrains.
Agreed and BMW spent money on their own R&D. Helps give EV “start-ups” a bit of an edge over say the Big 3 that can use ICE sales to support their EV growth vs the start ups relying on investors $$. Now we will see what happens with Tesla, Lucid and Slate and any other viable start upsBMW will be using zonal architecture in their "Neue Klasse" cars.
Four “Superbrains“ for the Neue Klasse by BMW
Smarter, more efficient, more powerful: The BMW Group presents an innovative combination of soft- and hardware for the Neue Klasse. Find out more about its four superbrains.www.bmwgroup.com
VW is planning on investing $5.8B in Rivian by 2027, so I think they smell a winner despite developing their own vehicles that will compete in the same space.
To be fair that is also what has been happening to Rivian, they were eating a LOT of amortized costs for the tooling and plant for the R1 family.
I live about 20 minutes from the Rivian factory. They are shutting down the end of the year for a little bit to get ready to start building the R2 in 2026. The city here also gave them another big incentive recently for more expansion. They just keep growing here, which is great.
I'm still waiting for an In-N-Out to open in Albuquerque! We do have a Trader Joes though!
I did my undergrad not to far away in Peoria, man has it really been crazy watching how the area has changed in the past 10 years
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