Kirsten Korosec
Rivian produced 2,553 vehicles in the first quarter, putting it on course to meet its production goal of 25,000 EVs this year, the company said Tuesday.
Rivian also reported that it delivered 1,227 vehicles in the first quarter. The production figures include a mix of the Rivian R1T pickup...
DeLorean, the automaker behind the pop culture icon gull-winged car, provided a fresh teaser image and a debut date of an all-electric vehicle concept that aims to breath new life into the brand.
The upcoming EV concept is the latest effort of Stephen Wynne, who owns the DeLorean name...
Tesla reported Saturday that it delivered more than 305,000 electric vehicles in the first quarter, a record-breaking figure that was inline with analyst expectations even as production suffered due to supply chain constraints and COVID-related factory shutdowns.
“This was an exceptionally difficult quarter due to supply chain interruptions &...
Several executives at EV company Faraday Future have been subpoenaed by the U.S. Securities and Exchange Commission as part of an investigation into inaccurate statements made to investors, according to a securities filing issued Thursday.
The subpoena comes nearly two months after Faraday Future’s internal investigation determined employees made...
Security researchers Charlie Miller and Chris Valasek shook the automotive industry in 2015 by remotely hacking a Jeep Cherokee driven by Wired reporter, and willing participant, Andy Greenberg. The notorious hack caused Fiat Chrysler, Jeep’s parent company, to recall 1.4 million vehicles and pay $105 million in fines...
Scaling an autonomous vehicle or EV startup often requires eye-popping amounts of capital that only hedge funds, strategic venture arms and institutional investors have the appetite and funds for.
In the past two years, those capital needs have prompted dozens of mobility startups to turn to either public markets...
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical snafu meant the weekly newsletter wasn’t emailed to subscribers this Sunday, so we’re posting this now. We regret...
General Motors is expanding its ownership stake in self-driving car subsidiary Cruise.
The automaker said late Friday that is is acquiring Softbank Vision Fund 1’s equity ownership in Cruise for $2.1 billion. GM is also making an additional $1.35 billion investment in Cruise, replacing a previous commitment made by...
Scaling an autonomous vehicle or EV startup often requires eye-popping amounts of capital that only hedge funds, strategic venture arms and institutional investors have the appetite and funds for.
In the past two years, those capital needs have prompted dozens of mobility startups to turn to either public markets...
Realizing the vision of deploying commercial fleets of safe, fully autonomous robotaxis continues to be a steep, winding road. Google’s self-driving project — launched in 2009 and renamed Waymo in 2016 — triggered a flood of AV tech development. Yet, until recently, the vast majority of autonomous vehicles...
