Rivian Automotive announced it produced 2,553 vehicles while delivering 1,227 of them during 2022’s first quarter, reaffirming its goal to build 25,000 all-electric cars this year. “Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending March 31, 2022,” it said in an 8-K filing with the SEC. “The company produced 2,553 […]
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Rivian Automotive announced it produced 2,553 vehicles while delivering 1,227 of them during 2022’s first quarter, reaffirming its goal to build 25,000 all-electric cars this year. “Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending March 31, 2022,” it said in an 8-K filing with the SEC. “The company produced 2,553 […]
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The Tesla Model Y beat out its sibling electric vehicle, the Model 3, in the United Kingdom’s automotive sales figures for March. The Model Y sold 6,464 times, beating the Model 3 by just seven units, as the sedan sold 6,457 vehicles in March. The Model Y and Model 3 are neck-and-neck in Year-to-Date sales […]
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The Ford F-150 Lightning has been chosen as the official Pace Car for this weekend’s NASCAR Cup Series race at Martinsville Speedway in Virginia. Ford’s introductory electric pickup will be the first electric truck to lead the pack of cars to the green flag Saturday night but will be featured at the half-mile track all […]
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Lexus will reveal its first-ever electric vehicle on April 20, and it will have a steering yoke just like the new Tesla Model S and Model X. The Lexus RZ 450e will make its world debut on April 20 at 6 am ET. While details are currently slim, Lexus teased a few images of the […]
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General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM and Honda will share our best technology, design, and manufacturing strategies to deliver affordable and desirable EVs on a global scale, including our key markets in North America, South America, and China,” Mary Barra, GM’s […]
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The NHTSA has launched an investigation into LG Energy Solution batteries after a series of electric vehicles using the cells have shown “internal failures.” Opened on April 1, the NHTSA lists a series of electric vehicles utilizing LGES cells that have been assigned to recalls. In February 2020, Mercedes Benz issued a recall in one […]
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Chevrolet has resumed production of the Bolt EV and EUV following a series of battery issues that would sometimes result in spontaneous fires. General Motors, the parent company of Chevrolet, spent $1.8 billion throughout the Bolt’s battery issue saga to resolve the problems. General Motors issued a series of recalls on the affected vehicles, which […]
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Today, Ford Motor Company announced its sales figures for March 2022. Its electrified sector recorded the only Year-over-Year growth compared to SUV, Truck, and Total Vehicle sales in the United States. Total vehicle sales for the month in the U.S. came to 159,328, a 25.6 percent decrease in total sales and a 30.1 percent decrease […]
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Following news that Elon Musk took a 9.2 percent stake in Twitter (NYSE: TWTR) this morning, analysts are beginning to dissect the moves of the Tesla CEO and whether his now-passive stake in the social media platform will become active. Wedbush analyst Dan Ives said this morning that the firm believes Musk could have an […]
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