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Rivian Tore Apart A Xiaomi EV And Discovered What America Can’t Match | Carscoops
(www.carscoops.com)
this post was submitted on 29 Oct 2025
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Technology
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Lithium prices are down 80% since 2022 and new mining investments for it have dried up.
EVs are absolutely "advanced manufacturing" though. You don't just stand up a battery plant in a country, let alone an automotive manufacturing industry when said country doesn't even make cars today. You could obviously do it, but the costs are outrageous.