Thursday, 27 March 2025

Focus on Rivian Automotive

FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir/File Photo
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Ford, GM shares fall after Morgan Stanley analyst downgrade

Ford and GM shares fell five percent as Morgan Stanley downgraded both automakers, citing rising competition and weakening demand.

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High costs, slowing China: Volkswagen’s perilous road ahead

Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.

FILE PHOTO: The logo of Stellantis is seen outside a company building in Chartres-de-Bretagne near Rennes, France, March 11, 2024. REUTERS/Stephane Mahe/File Photo
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EV startup Rivian’s production chief joins Stellantis

Stellantis picks Tim Fallon to head up North American manufacturing as it prepares to roll out 25 EV models by the end of...

FILE PHOTO: An Amazon EV van powered by Rivian is parked at the Amazon Logistics Facility in Chicago, Illinois, U.S., July 21, 2022.  REUTERS/Jim Vondruska/File Photo
AutomotiveElectric Vehicles (EVs)IndustryManufacturingNewsTransport

EV maker Rivian halts production of Amazon delivery vans amid parts shortage

Rivian has temporarily suspended production of its commercial delivery vans used by retail giant Amazon.com due to a shortage of parts

FILE PHOTO: A Rivian Automotive Inc facility is pictured in Costa Mesa, California, U.S.,November 1, 2023.     REUTERS/Mike Blake/File Photo
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Rivian sticks to production forecast, posts second-quarter margin below estimates

Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.

Fisker Ocean electric SUV vehicles are shown at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake/File Photo
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What are EV startups doing to ride out weak demand?

(Reuters) -Fisker filed for bankruptcy protection on Monday, the latest electric-vehicle startup to succumb to fundraising difficulties, slow sales, as well as supply...

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