EV startup Rivian hires Volvo veteran Varela as operations chief

He will join Rivian in August, replacing Frank Klein who had been operations head since 2022 and is ...

What are EV startups doing to ride out weak demand?

Demand has been weak for Fisker's flagship Ocean electric SUV. Fisker filed for bankruptcy protectio...

Rivian sticks to production forecast, posts second-quarter margin below estimates

Rivian said its loss amounted to 39% of a vehicle's sales price, greater than the LSEG estimates of ...

Ford, GM shares fall after Morgan Stanley analyst downgrade

Shares of Ford Motor and General Motors fell around 5% after Morgan Stanley analysts downgraded the ...

Rivian applies for federal loan to restart Georgia EV factory construction

Rivian Automotive has applied for a federal loan to enable the construction of its electric vehicle ...