Lucid to Deliver 520-Mile Electric Sedan in October
Lucid Group Inc. has started production on its debut electric consumer car, with deliveries to begin at the end of October.
Rivian Gets US Regulatory Go-Ahead to Deliver EVs
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., says it has received full regulatory certifications and can start delivering its debut electric vehicle to U.S. customers.
Amazon-Backed Rivian in Talks for $5 Billion Texas Plant
Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc., is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News.
Rivian to Delay Production on Supply Chain Woes
Rivian Automotive Inc., the electric pickup maker backed by Amazon .com Inc., is pushing back to September its plans to start production of its debut vehicle, which was supposed to begin this month.
GM’s Cruise Unit Starts Preproduction on Autonomous Shuttle
Cruise, the self-driving-car unit majority-owned by General Motors Co., has started preproduction on its purpose-built battery-electric autonomous shuttle and boosted its access to cash.
Rivian Hires Former Waymo CFO Gerard Dwyer
Rivian Automotive Inc., the electric-vehicle startup backed by Amazon .com Inc., has hired a former finance chief from Alphabet Inc.’s self-driving arm Waymo.
Electric Car Startup Lucid Hires Waymo Veteran as Finance Chief
Lucid Motors Inc., the Saudi Arabia-backed electric vehicle maker going public via a reverse merger, has hired a former executive of Alphabet Inc.’s Waymo as chief financial officer.
Nikola Loses EVP Heading Fuel Cell Development
Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.
Nikola Partner Hanwha to Sell 50% of Stake in EV Startup
Nikola Corp. is seeing another strategic partner sell down its stake as South Korea’s Hanwha Group signaled its intention to liquidate half of its holdings in the troubled electric truck startup.
Rivian Reportedly Reaches $27.6 Billion Value on New Funds
Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.