Electric-vehicle upstart Rivian announced Monday that it has closed a $1.3 billion investment round led by T. Rowe Price—including new investments from Amazon, Ford, and BlackRock. The fresh funding, together with previous investments in the company announced this year, have helped assure that Rivian will deliver product—in the form of...
A recall has been issued on some 2019 Toyota Prius models over the possibility that an electrical short may cause gauge clusters to black out. A combination meter circuit board is to blame for the issue and “was inappropriately manufactured during the specific manufacturing process,” according to recall documents filed by Toyota. The...
After a two-month surge, the electric-car maker touched the share price offered last year in an abortive bid to take the company private.
After a two-month surge, the electric-car maker is now above the share price offered last year in an abortive bid to take the company private.
T. Rowe Price led a new funding round for the start-up, a potential competitor to Tesla that was already backed by Amazon and Ford.
Ford’s upcoming plug-in hybrid version of the Escape gets a price. Volkswagen recalls its hybrid you might not have ever known about. And Daimler and BMW back out on car-sharing. This and more, today at Green Car Reports. The Ford Escape Plug-In Hybrid has a price that might make it a better value over the Escape Hybrid, when you consider...
Volkswagen is recalling some examples of the only hybrid model it’s sold in the U.S.—the VW Jetta Hybrid. In affected vehicles from the 2013-2015 model years, a transmission issue could literally leave the driver effectively in neutral. According to Volkswagen, hairline cracks can appear within the gearbox’s mechatronic unit...
The 2020 model year brings more than the return of a hybrid version to a fully redesigned Ford Escape lineup. It’s also the first time ever that a plug-in hybrid version of the Escape has been offered. On Friday, our analysts at our partner site CarsDirect reported that a just-out order guide for the Escape Plug-In Hybrid reveals prices for...
The 2020 model year brings more than the return of a hybrid version to a fully redesigned Ford Escape lineup. It’s also the first time ever that a plug-in hybrid version of the Escape has been offered. On Friday, our analysts at our partner site CarsDirect reported that a just-out order guide for the Escape Plug-In Hybrid reveals prices for...
Car-sharing, at least as we know it, looks likely to go down in history as a trend that went in and out with the 2010s. With an announcement Wednesday, one of the biggest longtime players—the newly unified Share Now, from Daimler AG and the BMW Group, announced that it’s withdrawing completely from North America and cutting more of its...
