Tesla Rivals Rivian, Lucid Say ‘Restrictive’ Dealership Laws Are Hurting EV Adoption In US

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Executives from EV makers Rivian Automotive Inc. (NASDAQ:RIVN) and Lucid Group Inc. (NASDAQ:LCID) say that the state franchise dealership laws are hindering EV adoption across the U.S.

Dealership Laws Posing Challenges

On Monday, Business Insider published an interview with executives from Rivian and Lucid, sharing views on the laws that could hinder EV adoption, as automakers can not control pricing and educate first-time EV buyers.

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