GM cuts thousands of EV and battery factory workers
The automaker has been on a tear of cuts to its workforce, and will idle two battery factories for the first half of 2026.
electric vehicles
Rivian will pay $250M to settle lawsuit over R1 price hike
The three-year-old lawsuit centered on Rivian’s sudden decision to increase prices on the R1 lineup in 2022, which sank the stock price.
Rivian CEO takes top marketing role in shakeup ahead of R2 launch
Founder and CEO RJ Scaringe will be wearing yet another hat as the company preps for arguably its most important vehicle launch — the mass market R2 SUV — in 2026.
Elon Musk frets over controlling Tesla’s ‘robot army’ as car biz rebounds slightly
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
Tesla’s record sales quarter barely boosted profit
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
General Motors gives up on BrightDrop electric vans
A chaotic four-year program comes to an end after GM struggled to sell the electric vans at scale.
Tesla reveals slightly cheaper ‘standard’ versions of the Model 3 and Model Y
The long-awaited cheaper Model 3 and Model Y are finally here, but they start at $36,990 and $39,990, respectively — just a few thousand dollars less than Tesla’s current offerings.
Lucid Motors sets record as Gravity sales pick up and tax credit expires
The company has seen EV deliveries increase for seven straight quarters, even though it’s still way off the ambitious goals it promoted when it went public in 2021.
Rivian is redesigning the R2 SUV’s door handles for better safety
The change comes after employees and customers reportedly voiced concerns.
Rivian’s best-case guess for 2025 sales is a 16% drop from last year
The company will likely sell fewer EVs this year than in both 2024 and 2023, making next year’s launch of the R2 SUV even more important.