Monthly Archive: January 2023

Only Model Y SUVs with third-row seating get $7,500 credits.

The changes reportedly come as Chevy feels ongoing industry-related pricing pressures, though the pair will remain the cheapest EVs in the U.S. for 2023.

Electric vehicle maker Rivian Automotive barely missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian's shares closed down nearly 6% to $17.34, but saw little movement in after-hours trade. Rival Tesla, which also missed its production targets, had a rougher trading day, as its shares plunged more than 12% to $108.10, then limped along after hours.

Elon Musk is paving the way for a new chapter — and new leadership — at Tesla as it grapples with a sharp slide on its stock price amid spillover drama from his Twitter management.

Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian's shares closed down nearly 6% to $17.34. After cutting its initial 50,000 production forecast in half in mid-2022, Rivian said it produced 24,337 vehicles last year at its Normal, Illinois, plant, and delivered 20,332.

Electric vehicle maker Rivian Automotive just missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday.

Tesla's vehicle production and delivery numbers for the fourth quarter 2022 fell short of analysts' expectations.

Hyundai has announced it will sell only battery-electric cars in Norway starting January 1, 2023. Volkswagen will do the same next year.