Why Polestar, Lucid and Rivian lose $35,000 to $240,000 per vehicle
Polestar, Lucid, and Rivian continue to lose $35,000 to over $240,000 per vehicle due to low production scale, high factory overhead, aggressive R&D spending, and deep discounting in a brutal EV price war. Their premium pricing can’t offset the massive cost gaps with Tesla and Chinese competitors, leaving each car sold as a major financial loss.
Credit to : The Electric Viking