Comments by "Kenz300 x" (@KJSvitko) on "Game-changing investment? Why VW is spending big on electric car innovator Rivian | DW News" video.

  1. Sure seems like Rivian should be building all the delivery vans it can. There is a huge market for commercial vehicles. Why are they not ramping up volumes of commercial vehicles. Amazon, FedEx, UPS, Walmart, Target and others all need delivery vehicles. Slow rolling the production ramp leads to higher costs.
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  2. China's economy is much worse than people are reporting. Unemployment is rising. 16 -24 year old unemployment is over 30% Unemployed people are not huge consumers. They do not buy homes. They do not get married or have children. Individuals, foreign corporations and investors are fleeing cities and the country. Numbers reported by the government can not be trusted. Steel production collapse is a good example of the huge decline in the economy. The property developers collapse is starting to ripple thru all its suppliers. Steel is the most visible. More to come. The house of cards built on debt is not sustainable. The Ponzi scheme has been exposed. China's real estate industry is bankrupt. This will impact the rest of the economy and then the rest of the world. There is no 5% GDP. It is a made up number. GDP is 0%. China will export deflation to the rest of the world in 2024.
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  3. All electric BEVs are the future. No noise, no emissions, less fuel costs and less maintenance costs. Fossil fueled ICE vehicles and hybrids are a waste of time and money. ICE vehicles are still being pushed by fossil fuels industry puppets. There is a Climate Crisis. We need Climate Action NOW !
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