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

Tim Healey
by Tim Healey

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

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 18 comments
  • Wolfwagen Wolfwagen on Jun 27, 2024
    Honda and Alpha or Canoo
  • HotPotato HotPotato on Jul 03, 2024
    Honestly VW should have bought Canoo too -- the Canoo is a much better rendition of a modern VW van than the actual VW EV van, which is just a standard generic Euro delivery van disguised by a vintage 2-tone paint job.
  • Rover Sig Absolutely not. Ever.
  • EBFlex No. I buy as little Chinese products as possible.
  • John "...often in a state of complete disarray on the roads" What does that mean? Many examples in poor repair? Talk about awful writing.
  • Varezhka Saving sedans in US or globally? Right now around half of the global sedan sales is in China, just under a quarter in North America, and the remaining quarter distributed around the rest of the world. So for a sedan to stay around they must sell well in both China and North America (BMW, Mercedes, Toyota, Honda) or just extremely well in China (VW/Audi and Nissan). For everyone else, the writing is on the wall. There’s also a niche of subcompact sedans in SE Asia and India but I believe those are being replaced by SUVs too.
  • Kcflyer it's not a ford, it's not a mustang. just like the ford gt is not a ford but multimatic gt or mustang wouldn't roll off the tongue