Rivian’s CEO on growth, Amazon pickups, the SPAC bubble and low-cost electric vehicles

NORMAL, Ill. – Rivian Automotive CEO Robert Scaringe jumps out of one of the automaker’s R1T electric pickups outside the company’s plant in central Illinois as a man chants “RJ , RJ!” Scaringe, who uses those initials, turns to the male employee who thanks him for the work at Rivian’s massive factory. The 39-year-old company … Read more

California plan aims to triple electric vehicle sales by 2026

SACRAMENTO, Calif. — California wants electric vehicle sales to triple over the next four years to 35% of all new car purchases, an ambitious goal set as part of the goal to phase out the sale of gasoline-powered cars by the middle of the next decade. The California Air Resources Board’s proposal would slowly increase … Read more

Tesla customer has been waiting over 2 years for a Model X refund

Danny Roman runs a sustainable outdoor adventure company that offers biking and hiking tours in Southern California. Danny Romain Danny Roman bought a new Tesla Model X and took delivery of the car on February 28, 2020. Three days later, he informed the company that he was making the SUV electric under the seven-day, no-questions-asked … Read more

Tesla CEO Elon Musk hosts ‘Cyber ​​Rodeo’ party to open Austin plant

Elon Musk speaks at the “Cyber ​​Rodeo”, a grand opening event for Tesla’s new factory in Austin, Texas. On Thursday evening, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near Austin Airport in Texas. . At the event, he talked about the scale of … Read more

GM trolls Tesla and changes its approach with a new “supertruck”

GMC Hummer EV Edition 1 Michael Wayland/CNBC PHOENIX – The new GMC Hummer electric pickup is different for General Motors and not just because it’s not gas-guzzling like its ancestors. It marks a major shift for the historically conservative Detroit automaker, both in form and function, according to those who have worked there. The “highly … Read more

How NFL star Bobby Wagner negotiated his $65 million contract with the Rams

Bobby Wagner #54 of the Seattle Seahawks interviews after practice at training camp on July 29, 2021 in Renton, Washington. Alika Jenner | Getty Images NFL linebacker Bobby Wagner wanted another challenge as he prepares for life after football. He therefore represented himself on the free agent market in 2022 after being released on an … Read more

Biden to invoke Defense Production Act for electric vehicle battery materials

US President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the US Strategic Petroleum Reserve, as part of the administration’s efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, United States, … Read more

Waymo self-driving experience: mostly peaceful and productive

PHOENIX — “A ghost drives the car.” That’s what my 5-year-old daughter said as I facetimed her recently from the backseat of a Waymo self-driving vehicle in the suburbs here. Passing motorists and pedestrians had a similar reaction. They pointed, stared and even gasped when they noticed no one was in the driver’s seat. It … Read more

Volkswagen prepares for a deglobalised world

BERLIN—For years, Volkswagen HER WISH 1.93% flourished as a global company, building and selling its cars around the world. But as war, health issues and trade disputes roll back decades of globalization, the German giant is changing its manufacturing approaches to adapt. VW’s resilience effort includes strategies to boost access to components and raw materials … Read more

NIO Q4 2021 Results Overview

Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio’s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – around the world, but they haven’t always been able to weather the supply chain disruptions that have made havoc in the Chinese … Read more

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