Last year, electric vehicle companies like Rivian, Lucid, Lordstown Motors, Canoo and Fisker all commanded high valuations with the promise of releasing EVs that could take on Tesla. Now, in 2022, their stock shares have plummeted as they burn through cash and face manufacturing and production woes. Some startups even risk going out of business.

So what can these EV companies do to survive?

0:00 - Rivian, Lucid, Lordstown, Fisker and Canoo
00:37 - Supply chain woes, covid outbreaks, chip shortages, geopolitical unrest, a tech selloff, and economic inflation
02:06 How many cars have these EV companies produced?
03:41 What can they do to survive?
04:35 Which EV startups will survive?

I'm George Downs, a WSJ video journalist fascinated by how technology is changing how we get from A to B. If you're interested in the future of mobility or how modern transportation can impact our lives– from EVs to eVTOLs, and beyond – then don't forget to subscribe.

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