Number of tax-credit-eligible BEV batteries and predicted market demand in 2027. a, Market-value basis. b, Mass basis. At least 80% of the market value of the critical…
Ford Motor Co.
has sold off about 8% of its stockholdings in
Rivian Automotive Inc.,
according to people familiar with the matter, pushing shares of the electric-vehicle startup…
Rivian
RIVN -5.67%
Automotive Inc. is walking back a hefty price increase for its electric trucks and SUVs that was put into effect earlier this week, saying it…
Surging prices for the metals that make up electric-vehicle batteries have ended a decadelong decline that brought the cost of EVs to within spitting distance of gasoline-powered vehicles.…
General Motors said Tuesday that it would spend $7 billion to build a battery plant in Michigan and overhaul an existing factory outside Detroit to begin producing electric pickup trucks by 2024.The investment will create 4,000 jobs and…
Rivian
Automotive Inc.’s finance chief said the electric-vehicle maker plans to put growth before profit as the company looks to build out the business following its public listing in November.“We want to…
Auto makers are trying to control more of the supply chain for electric vehicles, forging new partnerships with raw materials producers and investing in facilities that make chemicals for batteries.
General Motors Co.…
Mercedes unveiled a car that it claims can travel more than 1,000km on a single charge, in an attempt to convince customers that a lack of charging infrastructure need not be a barrier to buying a battery-powered vehicle.The range,…