QOTD: What Other Legacy/EV Startup Pairings Make Sense?

by Tim Healey

Published: June 26th, 2024

qotd what other legacy ev startup pairings make sense

Volkswagen announced yesterday that it will be dropping $1 billion into Rivian -- and perhaps up to $5 billion over time.

This investment from a legacy automaker into a startup EV maker got me wondering -- what other legacy OEMs should put some cash into EV startups? Which startups should benefit?

I think we can rule Tesla out on this one, it seems to be doing OK. And Fisker failed to get a lifeline from Nissan, and now it's bankrupt.

That leaves Lucid, VinFast, and a whole host of smaller EV startups out there as possible beneficiaries of a cash infusion.

Should GM or Ford give Lucid some money? Toyota and VinFast? Should Nissan now comeback to finish the deal and rescue what's left of Fisker?

What say you?

Sound off below.

[Image: Rivian]

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Tim Healey

Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.

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2 of 17 comments

Varezhka 2 days ago
VinFast and Stellantis, because they can use every CAFE credit they can get, and the reliability/build quality can’t be much worse so no risk of brand being tarnished by VinFast.

1 Reply
Wolfwagen 2 days ago
Honda and Alpha or Canoo

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