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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.
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.
Porsche will start selling the Cayenne Coupe Electric in late summer.
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.
The company's all-important mass-market EV is just about ready to start heading to customers.
The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.
The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.
Slate Auto's latest funding round was led by existing investor TWG Global, a firm run by LA Dodgers owner Mark Walter.
Slate auto burst onto the scene in April 2025. Here is a timeline that covers its origins, backers, product, and other new details.
All resources at its U.S. factory are aimed at the upcoming Atlas SUV.
The most recent electric vehicle sales data provided a grim picture — at least for new EVs. Used EVs are moving in the opposite direction.
The market for new cars has slumped as Americans look for deals on used EVs.
Lucid said it has resolved the problem and is not changing its guidance for 2026.
Tesla's headcount fell from 21,191 workers to 16,506 workers in 2025, according to a report, as it grappled with its second straight year of declining sales.