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.
Category: eV
Tesla Share Price Down 12.6 Percent On First Trading Day Of 2023
Tesla's vehicle production and delivery numbers for the fourth quarter 2022 fell short of analysts' expectations.
Hyundai Will Sell Only Electric Cars In Norway As Of January 1, 2023
Hyundai has announced it will sell only battery-electric cars in Norway starting January 1, 2023. Volkswagen will do the same next year.
Henrik Fisker wants to sell you an EV you can actually afford
Fisker is facing a consequential year for his company.
Watch Rivian Range Drop Significantly While Winter Towing A Hummer
This test combines the two things EVs like the least: low temperatures and towing.
Hyundai’s New And Future EVs Push Its Sales Growth Targets Way Up
As brands bring compelling new EVs to market, they aim to attract new buyers and sell many more cars going forward.
Renault’s Hydrogen Fantasy Debunked
Renault’s hydrogen concept car is a fantasy that needs to be debunked. The concept is to make a c-segment MPV / SUV with a smallish battery (40kWh) and a hydrogen fuel cell range extender that can add an extra 500 miles of range using a 15 kW fuel cell. This sounds nice, but the devil […]
New Toyota Crossover Coupe Spied In Europe: Small SU EV Or New C-HR?
This is a tough one as the Small SU EV and C-HR Prologue concepts look very similar.
Harvest Thermal Delivers CO2-Based Heat Pumps With Thermal Storage To Arbitrage Electricity Rates
Harvest Thermal uses CO2-based heat pumps from Sanden with hot water heat storage to time arbitrage electricity rates from solar peaks to evening comfort.
The first GMC Hummer EV SUV could raise millions for charity
The first GMC Hummer EV SUV will be auctioned at the Barrett-Jackson Scottsdale event to raise money for the Tread Lightly organization.