Part 4/10:
Manufacturers have resorted to making internal combustion engine (ICE) vehicles less appealing as they prepare to comply with stricter CO2 regulations. Meanwhile, the introduction of low-cost Chinese electric vehicles (EVs) poses an additional threat to the viability of European automobile manufacturers.
Labor Issues in the U.S.
Switching gears to the United States, Rivian is facing its own unique labor situation. Bloomberg has reported that Rivian has entered into a secret deal with the United Auto Workers (UAW) that may facilitate the organization of its workers in Illinois. While Rivian has pledged to remain neutral during the union organizing process, the criteria for invoking this neutrality remain undisclosed.