Category: eV

EV maker Rivian barely misses 2022 production target of 25,000

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.

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 […]