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Rivian Chief Executive RJ Scaringe announced in a memo to employees plans to trim another 6% of its workforce.
Read More →General Motors Co. posted a $2 billion net profit in the fourth quarter finishing the year strong despite supply chain struggles, record prices and other disruptors.
Read More →Around $28 billion in green bonds are available globally for automakers to help fund their transition to electric vehicles.
Read More →Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
Read More →Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
Read More →Brand says 60% enrolled in certification program.
Read More →Report shows pace of adoption building as ICE vehicles wane.
Read More →Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
Read More →‘Virtual power plant’ initiative could also benefit automotive industry.
Read More →Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.
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