Rivian is holding on tight to its goal of delivering 25,000 electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million. The […]
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Back to news homeWalmart doesn’t want Canoo selling EVs to Amazon
Walmart kicked off a deal with electric vehicle company Canoo on Tuesday to purchase 4,500 of its last-mile delivery vehicles. While the deal is not exclusive, it does prevent Canoo […]
Why LFP batteries are poised to bring down entry-level EV prices
An older, cheaper and safer battery technology already dominating China’s electric vehicle industry is now poised to reshape battery manufacturing worldwide and boost EV sales in the United States — […]
Dual-chemistry battery tech could push BMW’s iX EV to 600-mile range
Startup Our Next Energy is behind the energy storage tech Tim De Chant 8 hours Battery startup Our Next Energy (ONE) and BMW today said the carmaker’s prototype of its flagship […]
The Station: EV SPACs face new regulatory speed bump, more on Rivian’s reorg and VW weighs direct sales for Scout brand
Welcome back to The Station, your weekly guide to everything going on in the world of transportation. Many readers of this weekly newsletter are likely enjoying a three-day weekend thanks […]
Rivian hires a new COO amid other leadership and organizational shifts
Rivian has hired a new chief operating officer to lead the restructuring and alignment of its operations, the automaker said Thursday. Frank Klein will join the company on June 1 […]
Rivian founder RJ Scaringe snaps up $1M worth of EV maker’s stock
Rivian founder and CEO RJ Scaringe bought 41,000 shares of company stock worth about $1 million, a securities filing posted Monday afternoon shows. The latest proxy filing, which pre-dated this […]
3 predictions for Rivian’s Q1 earnings
Rivian, the Irvine, Calif.-based electric vehicle startup, has faced mounting production pressures since launching late last year in one of the largest IPOs in U.S. history. In March, the company […]
Rivian shares down more than 17% following report of Ford sell-off
Rivian’s stock price fell more than 17% Monday, a drop prompted by a CNBC report that Ford was selling 8 million shares of the EV automaker. Ford held a 12% […]
Daily Crunch: Startup that transforms real-world items into NFTs raises $6.9M seed round
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