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fromwww.mercurynews.com
2 days ago
Business

Rivian won't tap US loan until new plant built, CFO says

Rivian plans to draw on a $6.6 billion DOE loan after completing its Georgia plant and before production begins in 2028.
fromTechCrunch
1 week ago
Startup companies

Rivian reportedly cutting 600 workers in third layoff of the year | TechCrunch

Rivian is cutting about 600 employees—roughly 4%—in its third layoff this year while preparing the 2026 R2 SUV ramp-up.
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Business
from24/7 Wall St.
2 months ago

Lucid Shares Drop 80%

Lucid faces steep financial losses, weak sales, high-priced models, and intense competition, making its long-term viability in the U.S. EV market uncertain.
fromFortune
3 months ago

Thinking about buying an EV? Most are set to become $7,500 more expensive overnight come October

"To mitigate the financial impact and potential inventory problems, we think OEMs may decide to reduce EV production in the U.S. starting as early as Q325," UBS analysts wrote on Friday.
Cars
Cars
fromInsideEVs
3 months ago

Volvo Will Build Polestar 7 In Slovakia To Dodge China Tariffs

The Polestar 7 will enter production in 2028 as Polestar's first European-made model.
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