New legislation awaiting President Joe Biden’s signature will provide $7.5 billion in federal grants to build a national network of electric vehicle charging stations, and Rivian could stand to benefit.
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Wonder where the magic electricity to power the charging stations is going to come from?
Windmills, Solar Panels and Unicorn farts.......................
Magic Unicorns in gerbil wheels???
Where will the charging statins go, certainly not in any rural settings and how much corruption will be involved?
As to this company I see a big short in it’s future. Who will be able to afford those cars?
And yes where is all that electricity coming from to power all of it. Guess what is doesn’t exist and would be 10 years or more before enough capacity and expansion of the grid could happen. We would need probably at least 10 years or more of the world’s entire copper output to do it. AND THAT AIN’T HAPPENING!