WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships
The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after...
RIVN
U.S. Auto Sales Bounced Back in 2023
Updated Jan. 3, 2024 11:49 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on...
Auto Sales Defy Gloomy Forecasts
The U.S. auto industry is expected to have notched a 12%-to-14% rise in new vehicle sales for the first half...
Rivian Shares Climb After EV Deliveries Outpace Estimates
What to Read Next Source link
Rivian to Use Tesla’s EV Charging Standard
The pact follows similar agreements with Ford and GM to tap Telsa’s Supercharger network. Source link
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
EV Startups Brace for Another Tough Year as Cash Dwindles
Young electric-vehicle makers that worried last year about producing enough autos are now concerned about selling them. Source link
Rivian Posts Mixed Quarterly Results, Issues New Recall
The move comes as the company’s cash burn accelerates and it continues to lose money as it tries to scale...
Unemployment Falls to 3.4%, Lowest in 53 Years, Jobs Report Shows
EconomyU.S. EconomyU.S. added 517,000 jobs in January, snapping five-month string of slowing employment growth Source link
Ford Posts $1.3 Billion Fourth-Quarter Profit, Misses Full-Year Profit Guidance
Supply-chain disruptions slowed production at the car maker and caused it to miss its annual goal. Source link
WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup
The departures of executives, including Rivian’s supply-chain head, have come amid the company missing 2022 production targets. Source link
U.S. Moves to Appease Allies on EV Subsidies
BusinessAutos & TransportationAutos IndustryElectric vehicles assembled outside North America could qualify for subsidies if purchased for lease by businesses Source...
With New EVs Arriving, Brand Loyalty Goes Out the Window
As more car makers roll out electric vehicles, they are discovering that early customers are far more apt to try...
Tesla Shares Head for Worst Year Ever as Elon Musk Focuses on Twitter
Listen to article(2 minutes)Tesla Inc. is on pace for its worst annual stock performance on record as investors bristle at...
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive Inc. RIVN -7.64% is recalling nearly all of its vehicles to address a potential problem that could cause...
The Man From Rivian Who Wants to Change How We Buy Cars
Jim Chen, the chief lobbyist for Rivian RIVN -1.08% Automotive Inc., one of the most ambitious electric-vehicle startups, wants to...
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle...
EV Maker Lucid Cuts Production Outlook in Half
Electric-vehicle maker Lucid Group Inc. LCID 4.21% said it expected to make half as many cars as previously forecast this...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian RIVN 10.42% Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s...
