Rivian, the electric automaker backed by Amazon, Ford and a cornucopia of heavy-hitting institutional investors like T. Rowe Price Associates and Coatue, finally made its once-confidential IPO filing public. The company, which started in 2009 as Mainstream Motors before adopting the Rivian name two years later, has exploded in terms of people, backers and partners […]
Looking for a used EV under $20,000? Here are some ideas
The average new car may cost $40,472, but you can go electric for half that—or less.
Biden reveals lackluster new EV policy, no plans to phase out gasoline
Half of new vehicles must be zero-emissions by 2030, Biden will order.
Ford F-150 Lightning electric pickup reservations surpass 120,000
Ford and its F-150 pickup, the automaker’s best-selling vehicle, have consistently inspired brand loyalty from pickup truck owners. According to the J.D. Power 2020 U.S. Automotive Brand Loyalty Study, Ford has a 54.3% loyalty rate. Now as the automaker moves to electrify its fleet, it seems to be bringing in fresh buyers. Ford released Wednesday […]
Tesla earned a profit of $1.1 billion after delivering 201,250 cars in Q2
A record quarter for deliveries means a record quarter for profitability.