Rivian is redesigning the R2 SUV’s door handles for better safety
The change comes after employees and customers reportedly voiced concerns.
EVs
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.
Tesla has its best sales quarter ever as EV tax credit expires
The tax credit’s expiration on September 30 motivated buyers to take advantage of the $7,500 incentive, giving Tesla a shot to return to sales growth in 2025.
Explosion, vehicle fire rock Faraday Future’s LA headquarters
There were no injuries, but the building has been deemed unfit for occupation. Faraday’s landlord is currently trying to find a new tenant as the EV startup’s lease is expiring.
Tesla asks EPA not to roll back emissions rules as Trump calls climate change a ‘con job’
The company’s regulatory policy team is trying to clean up a mess that CEO Elon Musk spent $300 million to help create.
Telo raises $20 million to build tiny electric trucks for cities
The round was co-led by designer Yves Béhar and Tesla co-founder Marc Tarpenning, who helped get Telo off the ground in 2022.
Stellantis cancels plans for an electrified Jeep Gladiator
The move comes a week after the automaker axed plans to produce an all-electric Ram pickup truck.
Rivian breaks ground on $5B Georgia factory ahead of construction in 2026
While largely ceremonial, it’s an important step for a project that has dealt with a lot of uncertainty the last few years. Rivian R2 SUVs will roll off the line in 2028.
Rivian makes its second small workforce cut of the year ahead of R2 SUV launch
The company previously laid off around 140 workers in its manufacturing division in June.
Group14 lands $463M from SK, Porsche, and others to make silicon anodes for EVs
The battery materials startup raised significant Series D funding to expand its manufacturing capability. At the same time, it bought out partner SK’s stake in a joint venture.