Rivian Will Delay Construction of a $5 Billion Factory in Georgia
The money-losing electric vehicle company, which makes vans, trucks and S.U.V.s, is trying to preserve cash as it works to produce and sell more affordable vehicles.
The Rivian R2 electric SUV won't be the least expensive model in the startup automaker's lineup. On Thursday, CEO RJ Scaringe surprised everyone at the R2 debut with the R3 and performance variant R3X hatchbacks. When they eventually arrive after the R2, which won't arrive until the first half of 2026, the R3 will cost less than its sibling, which...
The Rivian R2 is two years away, but with the debut of an R2S in prototype form Thursday, it’s clear this electric SUV will arrive with a proposition unlike any EV yet: A boxy silhouette, rugged off-road chops, a range easily topping 300 miles, and a target price effectively below today’s average new-vehicle price, regardless of the...
Samsung SDI this week presented a battery-development roadmap with ambitious performance targets for charging, energy density, and battery life. On the charging front, the company believes it can begin mass-producing battery cells capable of being charged from 8% to 80% in just nine minutes by 2026. This will be made possible by "optimizing...
The 2024 Nissan Leaf is once again eligible for a $3,750 federal EV tax credit, Nissan confirmed Wednesday in a press release. This credit—half the maximum amount of $7,500—effectively cuts the price of the Leaf to $25,485 for many households. Nissan also provides a $3,750 lease incentive for 2024 and 2023 Leaf models. Nissan...
Some very fast EV chargers land in the middle of Manhattan. Aptera once again says it needs more money. And raw materials and innovation could lead to a plunge in EV battery prices—and EV prices—analysts predict. This and more, here at Green Car Reports. EV battery prices are due to drop dramatically this year and next, according to a...
Startup vehicle maker Aptera said it has begun production-intent builds on the body for its three-wheel solar EV, although the timeline for actual deliveries might not be quite as bright as it sounds In a video address accompanying the update, CEO Steve Fambro noted that Aptera chose Italy’s CPC Group for its “incredible ability”...
A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Analysts expect nearly a 40% decline in EV battery prices between 2023 and 2025, and for EVs to "reach breakthrough levels in terms of cost parity" with internal-combustion vehicles in some markets as...
Gravity, a New York-based EV charging startup backed by Google Ventures, claims to be rolling out the fastest chargers in the U.S. The startup's chargers, which as of Monday are available for public use at a single location in New York City, can charge at a peak power rate of 500 kw and add 2,400 miles of range per hour of charging, equivalent to...
Gravity, a New York-based EV charging startup backed by Google Ventures, claims to be rolling out the fastest chargers in the U.S. The startup's chargers, which as of Monday are available for public use at a single location in New York City, can charge at a peak power rate of 500 kw and add 2,400 miles of range per hour of charging, equivalent to...
Nissan cuts the price of the Ariya. Ford gives its E-Transit vans more range. And Dodge reveals its electric muscle car. This and more, here at Green Car Reports. The 2024 Dodge Charger Daytona EV has been revealed, and it gives a decidedly muscle-car spin to the brand’s EV future. Range and efficiency take the backstage to performance, and...
The 2024 Dodge Charger Daytona is not like other electric vehicles. The three- and five-door hatchback hurtles the performance brand into its electric future by embracing all the muscle car machismo of its past. As for range and efficiency—the typical pride points of an EV launch— Dodge CEO Tim Kuniskis was characteristically blunt...
The 2024 Nissan Ariya electric SUV gets a price cut for its second model year and, in the coming months, Tesla charging adapters for owners. The base Ariya Engage front-wheel drive model now starts at $40,980 with destination, which is $3,600 less than the 2023 model, Nissan announced Monday in a press release. The same discount applies to Engage...
The 2024 Ford E-Transit gets a larger battery pack affording more range, among other changes. The E-Transit now has 89 kwh of usable capacity, compared to the previous 68 kwh for all E-Transits. This increases maximum EPA-cycle range to 159 miles, up from the 126 miles Ford quoted at the time of the E-Transit's 2022 launch. The automaker claims...
Nissan might help get a Fisker electric pickup built. Public charging is essential even for those who charge at home. And Costco is offering thousands off the price of Audi EVs. This and more, here at Green Car Reports. Costco members can get Audi EV discounts—including up to $3,000 off the E-Tron GT and RS E-Tron GT. The recently revamped...