Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
electric vehicles
Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries
The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.
Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory
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 of Georgia factory
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.
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.
Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package
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 Q1 revenue rises, driven by EV sales and FSD subscriptions
Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.
Redwood Materials lays off 10% in restructuring to chase energy storage business
The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.
Rivian’s factory hit by tornado ahead of R2 launch
Nobody was hurt after an EF-1 tornado hit the part of the factory where the R2 SUV is supposed to be built.
Ford EV and tech chief leaving automaker
Doug Field had stints at Apple and Tesla before joining Ford in 2021.