Rivian CEO RJ Scaringe explained his theory on the EV slowdown in an interview with The Verge released Monday.
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- Rivian CEO RJ Scaringe says the EV industry slowdown is due to an "extreme" lack of choice.
- Scaringe attributes it to a lack of variety in EV models under $50,000.
- He believes there's a demand for diverse EV designs to compete with Tesla's dominance.
Rivian CEO RJ Scaringe said the EV industry may be growing at a slower pace ...