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Rivian will deliver the first R2 SUVs on June 9

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The company has finally set a date for the first customer deliveries of what CEO RJ Scaringe has said is “maybe the most important thing we’ve launched to date.”

Rivian will deliver the first R2 SUVs on June 9 Read More »

Ferrari’s first EV is not for you

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The Ferrari Luce seems to be more aimed at regulatory compliance and China, putting a lot of pressure on the Jony Ive-designed EV.

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Tesla’s Full Self-Driving software is creeping into Europe

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First came the Netherlands, now it’s Lithuania. And more European countries appear to be in the queue for Tesla’s driver assistance system.

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Global EV market goes K-shaped as the U.S. gets left behind

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EV sales have surged worldwide in every region but the U.S., posing risks for legacy and startup automakers.

Global EV market goes K-shaped as the U.S. gets left behind Read More »

RJ Scaringe has raised more than $12 billion across three startups and investors still want more

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Founder and CEO RJ Scaringe has a knack for raising money. So far, his three startups have raised more than $12.3 billion.

RJ Scaringe has raised more than $12 billion across three startups and investors still want more Read More »

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 »

Porsche is adding an all-electric Cayenne coupe to its lineup

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Porsche will start selling the Cayenne Coupe Electric in late summer.

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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.

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