AD #3764 - Rivian Delays Georgia Plant; Apple Spent $1 Billion A Year on EV; Generative AI to Have Huge Impact on Auto Industry
About this episode
Rivian delays its Georgia plant to save $2.25 billion, focusing on expanding production at its Illinois facility with new R2 and R3 models featuring improved battery tech and enhanced autonomy. The episode covers rising dealer inventories impacting automaker margins, Tesla's arbitration ruling in a range lawsuit, and Apple's abandoned EV project costing $1 billion annually. MG targets Europe's small hybrid market with affordable models, while Rimac discusses Tesla Roadster's extreme acceleration potential. Generative AI's transformative impact on automotive supply chains and cost-cutting is also explored, highlighting efficiency gains in quoting and design processes.
Volkswagen Golf
"...ike an old European hatchback like the Volkswagen Golf. Rivian is utilizing a new platform for these mod..."
Toyota Yaris
"...launching the MG three this summer to take on the Toyota Yaris and the Renault Cleo hybrids. The MG three will s..."
Tesla Roadster
"...e thinks it's actually possible for the new Tesla Roadster to hit elon musk claim sub one second zero to six..."
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