Re:Rivian announces 1B gross loss and 600M revenue [pdf]
by majormajor on Tuesday February 28, 2023 @04:53PM
(#34975398)
It's a luxury IFF you live right next to a station and need to go right next to stations and your trains/busses/whatever aren't too crowded.
Otherwise it's a necessity for those for whom private transportation is a luxury, and often not a pleasant one. Crammed standing into a crowded box, or transferring a couple of times to take 2 hours by bus to go somewhere you could get to directly in 30min, etc.
"Invest in public transportation" is a hard sell in a country where a huge portion of the population is able to afford private vehicles and space to park them, because the level of investment required to even equal the convenience factor of that is very, very, very high.
EDIT: even in Europe you don't have to travel that far outside of city centers to find quite a bit of private car ownership. All those European car companies aren't just doing it for shits and giggles, after all.
Otherwise it's a necessity for those for whom private transportation is a luxury, and often not a pleasant one. Crammed standing into a crowded box, or transferring a couple of times to take 2 hours by bus to go somewhere you could get to directly in 30min, etc.
"Invest in public transportation" is a hard sell in a country where a huge portion of the population is able to afford private vehicles and space to park them, because the level of investment required to even equal the convenience factor of that is very, very, very high.
EDIT: even in Europe you don't have to travel that far outside of city centers to find quite a bit of private car ownership. All those European car companies aren't just doing it for shits and giggles, after all.