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Electric vehicle maker Rivian: expect prices lower than previously announced

Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco's Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced......»»

Category: topSource: reutersJan 25th, 2020

Tesla"s stock drops after stock offering prices at $767, a near-5% discount

Shares of Tesla Inc. dropped 2.6% in premarket trading, after the electric vehicle maker disclosed that its previously announced comm.....»»

Category: topSource: marketwatchFeb 14th, 2020

Nio"s stock sinks on heavy volume after upsized ADS offering prices at discount

Shares of Nio Inc. sank 8.0% in very active premarket trading Monday, after the China-based electric vehicle maker announced the pricing of an upsized stock offering at a.....»»

Category: topSource: marketwatchAug 31st, 2020

Chinese Tesla rival Nio wants to lower the price of owning an EV by selling cars and leasing their batteries

Reuters On Thursday, Chinese electric vehicle maker Nio announced plans for a "battery as a service" option with its ca.....»»

Category: topSource: businessinsiderAug 20th, 2020

This Is Why Ford Is Investing $500 Million in an Electric Truck Startup

Ford announced Wednesday that it has invested $500 million in truck maker startup Rivian. Ford and Rivian will develop a new vehicle using Rivian's "skateboard" platform......»»

Category: blogSource: 247wallstApr 24th, 2019

Tesla cuts U.S. prices on all vehicles, shares drop

Tesla Inc on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan, sending shares of the electric vehicle maker down.....»»

Category: topSource: reutersJan 2nd, 2019

All EV Makers But Tesla To Be Banned From Making Direct Sales In Michigan Under Proposed Law

Any electric vehicle maker that came after Tesla Inc (NASDAQ: TSLA), including Lucid Motors and Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian, won't be able to sell units directly to consumer read more.....»»

Category: blogSource: benzingaSep 21st, 2020

Trevor Milton Leaves Nikola Motors

Nikola Corporation (NASDAQ: NKLA) Executive Chairman Trevor Milton has voluntarily left his role at the electric vehicle maker, the company announced early Monday. read more.....»»

Category: blogSource: benzingaSep 21st, 2020

Tesla shares slide in premarket trade, dragging Nasdaq 100 futures lower

Tesla shares slumped nearly 10% in premarket trade on Tuesday, afterS&P Dow Jones Indices declined to add the electric vehicle maker to the S&P 500 stock market index. There was no explanation for.....»»

Category: topSource: marketwatchSep 8th, 2020

Nio Trades Down After EV Company Prices Upsized Equity Offering At Discount

Nio Inc – ADR (NYSE: NIO) shares came under incremental selling pressure premarket Monday after the Chinese electric vehicle manufacturer announced the pricing of its upsized equity offering. read more.....»»

Category: blogSource: benzingaAug 31st, 2020

EV Maker Canoo To Go Public Via SPAC Merger At $2.4B Valuation By Year-End

Canoo Holdings Ltd, an electric vehicle company, announced Tuesday it was going public later in 2020 at a valuation of $2.4 billion and will commence vehicle deliveries by 2020, Reuters reported. read more.....»»

Category: blogSource: benzingaAug 19th, 2020

Rivian To Start Delivering All-Electric Pickup By Summer Next Year: Report

Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian will begin deliveries of its all-electric pickup truck and SUV by sumer next year, the electric vehicle maker said in an email on Saturday, as repor read more.....»»

Category: blogSource: benzingaJul 27th, 2020

Tesla accuses rival Rivian of recruiting employees to steal trade secrets

Tesla has filed a lawsuit against competitor Rivian accusing the electric vehicle maker of stealing employees and trade secrets......»»

Category: topSource: foxnewsJul 23rd, 2020

Tesla Sues Rival EV Maker Rivian For Poaching Employees, Stealing Intellectual Property

Tesla Inc (NASDAQ: TSLA) has sued rival electric vehicle startup Rivian Automotive Inc. for allegedly poaching its employees and stealing secrets, Bloomberg r read more.....»»

Category: blogSource: benzingaJul 23rd, 2020

Tesla"s Made In China Long Range Model 3 Now Qualifies For Chinese Tax Exemption

The Chinese government has been supporting electric vehicle adoption via tax credits for a while, probably due to their smog and pollution issues. Previously, only the lower ranged version of the Tesla Inc (NASDAQ: TSLA) Model 3 qualified. read more.....»»

Category: blogSource: benzingaJul 22nd, 2020

In Rivian, Amazon May Have "Bespoke Automobile" At Its Service

Amazon's investment in electric truck maker Rivian helps secure e-giant's future as a carbon neutral logistics platform. The investment gives Rivian edge over electric vehicle competitors Rivian's recent $2.5 billion fundraise acce read more.....»»

Category: blogSource: benzingaJul 14th, 2020

Rivian, the EV startup looking to challenge Tesla with electric pickups and SUVs, just raised another $2.5 billion in funding

Electric-vehicle upstart Rivian just closed a $2.5 billion round of funding, the company announced on Friday.  The investment was led by T. Rowe Price, which also led a $1.3 billion funding round in December.  Since last year, Rivian ha.....»»

Category: topSource: businessinsiderJul 10th, 2020

Tesla rival Rivian will no longer underpin Lincoln"s first EV, as Lincoln moves to develop its own electric vehicle

Lincoln In January, Rivian and Lincoln announced a partnership to build Lincoln's first electric vehicle. The joint EV is now canceled, although Ford said its.....»»

Category: topSource: businessinsiderApr 29th, 2020

Ford Terminates Electric Vehicle Program With Rivian

Ford Motor Company (NYSE: F) and its luxury segment Lincoln Motor Company have announced the shelving of their plans to build a new electric vehicle (EV) with Michi read more.....»»

Category: blogSource: benzingaApr 29th, 2020

Nio"s History Of Capital Raises: A Look At The Chinese EV Manufacturer"s Debt

Chinese electric vehicle maker Nio Inc – ADR (NYSE: NIO) has been frequenting the debt market of late, with the $235-million private placement announced Thursday only the latest. read more.....»»

Category: blogSource: benzingaMar 6th, 2020

Nio"s stock rockets on heavy volume; collaboration deal with Hefei government announced

Shares of Nio Inc. rocketed 32% in very active premarket trading Tuesday, after the China-based electric vehicle maker announced a preliminary .....»»

Category: topSource: marketwatchFeb 25th, 2020