DAILY ROUNDUP | AUG 03 | CA Hybrids 22.1%, Rivian $1.7B Capex, $90/Day Lot Cost
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Buyers are choosing practical value over industry hype, and the shift is showing up everywhere from California registration data to UK used-car lots.
Today’s episode breaks down California hybrids beating full EVs, UK buyers chasing three- to four-year-old used cars, Rivian cutting capital spending while keeping delivery targets intact, dealerships losing $90 per day on invisible inventory, and GM building native AI around OnStar and vehicle hardware.
Today's Key Headlines
~California…
The skinny
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