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Future of EVs lies in new battery technologies to enable the EVs. Most of today’s lithium ion batteries have many limitations ranging from safety hazard (fires from accidents and battery failures), raw materials and immature charging infrastructure. Moving away from Li ion battery technologies to something more widely available while maintaining the same energy density would be significant.
For now, electric vehicles make most sense in commercial and fleet vehicles. EVs face similar hurdles than those of fuel cells vehicles 20 years ago. We have to be optimistic that these hurdles can be solved.
Good to see that Rivian is widely own by many growth funds.
Rivian Tumbles After Report of Ford Share Sale at a Discount Bloomberg, via MSN It's not a big disinvestment by Ford (8M out of 102M shares), but apparently enough to rattle the market. And that does add up to 1% of the outstanding Rivian shares.
Comments
For now, electric vehicles make most sense in commercial and fleet vehicles. EVs face similar hurdles than those of fuel cells vehicles 20 years ago. We have to be optimistic that these hurdles can be solved.
Good to see that Rivian is widely own by many growth funds.
Bloomberg, via MSN
It's not a big disinvestment by Ford (8M out of 102M shares), but apparently enough to rattle the market. And that does add up to 1% of the outstanding Rivian shares.