Rivian jumps as $5 billion Volkswagen investment signals ‘vote of confidence’
Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen bolstered the loss-making startup
Volkswagen stock slips on cost, implications of Rivian JV; Rivian soars
VW shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. EV maker Rivian
Berkshire Hathaway accelerates sales of China’s BYD
BEIJING/NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway has accelerated its selling of shares in BYD, China’s largest seller of electric vehicles. Berkshire...
Tesla recalls Cybertrucks over wiper, trim issues in latest setback
In a further blow for the electric vehicle giant, an issue with a windshield wiper, which could lead to reduced visibility, has been...
EV maker Rivian simplifies output, cuts costs, aiming for first profit
Rivian has removed over 100 steps from the battery-making process, 52 pieces of equipment from the body shop and over 500 parts from...
Canada, inspired by EU and US, considers imposing import tariffs on Chinese EVs
Canada's government is considering whether to impose tariffs on China-made electric vehicles as it seeks to align itself with allies against what they...
Tesla, opponents of Musk’s pay clash over resolving compensation lawsuit
Tesla and opponents of Elon Musk's compensation clashed on Friday over ways to resolve the legal quagmire that has engulfed the CEO's $56...
Chinese automakers retain grip over Southeast Asia’s booming EV market
EV sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast Counterpoint Research said on Friday
Tesla must face owners’ lawsuit claiming it monopolizes vehicle repairs and parts
A U.S. judge said Tesla vehicle owners can pursue a proposed class action accusing billionaire Elon Musk's electric car company of monopolizing markets...
Musk plans stock option grants to Tesla’s high-performers, sources say
Electric vehicle maker Tesla has previously warned of a sharp slowdown in sales.
