High interest rates and stiff competition has led to subdued demand for electric vehicles as consumers opt for less expensive hybrid cars.
By Akash Sriram and Hyunjoo Jin18 Jul 2024Reuters"Real possibility" that electric vehicles business may be eclipsed by Tesla energy storage division, say analysts.
By Medha Singh and Akash Sriram10 Jul 2024ReutersLucid Q2 deliveries above estimates as price cuts lure consumers to luxury EV brand.
By Akash Sriram8 Jul 2024ReutersDemand for EVs has grown more slowly than expected due to high borrowing costs, economic uncertainty and consumer preference for gasoline-electric hybrids.
By Akash Sriram and Abhirup Roy2 Jul 2024ReutersThe automaker said price cuts and other incentives had helped to stimulate demand.
By Hyunjoo Jin and Akash Sriram2 Jul 2024ReutersThe electric vehicle maker is facing stiff competition from China.
By Akash Sriram and Hyunjoo Jin1 Jul 2024ReutersRivian shareholders will seek details on the company's upcoming models and progress in cutting costs at an investor day event on Thursday
By Akash Sriram and Abhirup Roy27 Jun 2024ReutersRivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen bolstered the loss-making startup
By Akash Sriram26 Jun 2024ReutersVW shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. EV maker Rivian
By Victoria Waldersee and Akash Sriram26 Jun 2024ReutersIn a further blow for the electric vehicle giant, an issue with a windshield wiper, which could lead to reduced visibility, has been...
By David Shepardson and Akash Sriram25 Jun 2024ReutersPlease login to like, dislike or bookmark this article.