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Lucid Motors doesn’t know how many EVs it will build this year

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Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.

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Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries

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The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.

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Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory

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Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.

Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory Read More »

Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package

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The company is following through on its promise to not let Musk “double dip” if he won his appeal to restore Tesla’s 2018 compensation package, worth $56 billion.

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Redwood Materials lays off 10% in restructuring to chase energy storage business

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The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.

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Rivian’s factory hit by tornado ahead of R2 launch

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Nobody was hurt after an EF-1 tornado hit the part of the factory where the R2 SUV is supposed to be built.

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Monarch Tractor’s collapse ends in with an acquisition by Caterpillar

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The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch’s tech didn’t work properly.

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Lucid Motors names new CEO, lands more money from Uber and Saudis

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The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.

Lucid Motors names new CEO, lands more money from Uber and Saudis Read More »

Slate Auto raises $650M to fund its affordable EV truck plans

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Slate Auto’s latest funding round was led by existing investor TWG Global, a firm run by LA Dodgers owner Mark Walter.

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Slate Auto: Everything you need to know about the Bezos-backed EV startup

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Slate auto burst onto the scene in April 2025. Here is a timeline that covers its origins, backers, product, and other new details.

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