Rivian Loses Its Shine as Investors Fret About Production Delays
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
Rivian Loses Its Shine as Investors Fret About Production Delays
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
Why This Could Be a Critical Year for Electric Cars
Booming in a depressed market, battery-powered vehicles are a plus for the climate but pose a big threat to carmakers and parts suppliers that are slow to change.
Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
Ford ended the year with more revenue than General Motors for the second year in a row.
Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
GM’s Profit Jumped in 2021 Despite Global Chip Shortage
The company made $10 billion in profit for 2021, a 55 percent increase from 2020.
New Technology for Lamborghini: What3words Joins With Alexa
A novel navigation system, What3words, will be standard on new Huracán models. It divides the globe into 57 trillion 10-foot squares, and leads you to one.
Tesla Reports Record Profit but Warns of Supply Problems
The carmaker had a profit of $5.5 billion as sales of its electric vehicles continued to surge, especially in China and Europe.
General Motors to Spend $7 billion on Electric Vehicle Plants
The automaker will build a battery plant and overhaul an existing factory to produce electric pickup trucks, creating 4,000 jobs.
Can Anyone Satisfy Amazon’s Craving for Electric Vans?
The company has big plans to turn its delivery fleet green. But very few of the vehicles are made right now.