Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland | CNBC Shares of Rivian Automotive declined 10% on Tuesday after the company reported increased vehicle production during the fourth quarter but fewer deliveries than the previous period. The company said it delivered 13,972 vehicles … Read more
Volvo’s EX90 electric vehicle photographed in Sweden on Nov.9, 2022. Mikael Sjoberg | Bloomberg | Getty Images The CEO of Volvo Cars is bullish about the long-term potential of electric motors, but appears more cautious on solid-state batteries — technology that’s generated much hype around its potential to transform the performance of EVs. Speaking to … Read more
Early tech adopters are investing in a new toy: solar-powered electric yachts. Across the globe superyachts are already a must-have for today’s rich and famous. There are some 5,555 of them navigating the world’s oceans and seas, according to SuperYacht Times’ State of Yachting Report. New buyers are overwhelmingly American, with the report finding that … Read more
Tesla vehicles waiting to be loaded on board a cargo vessel at Nangang port, in Shanghai, China, on Sept. 6, 2023. Vcg | Visual China Group | Getty Images Tesla posted its third-quarter vehicle production and delivery report for 2023 on Monday. Here are the key numbers from the electric vehicle maker: Total deliveries Q3 2023: 435,059 Total production … Read more
Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more … Read more
A XPeng Inc. G6 electrical sport utility automobile (SUV). The corporate is hoping the discharge of the brand new automotive will enhance gross sales which plunged within the first quarter. Qilai Shen | Bloomberg | Getty Photos Shares of Xpeng had been increased Monday within the U.S. after the Chinese language electrical automobile maker reported … Read more
Tesla CEO Elon Musk. Ludovic Marin | Afp | Getty Pictures Elon Musk met with Italy Prime Minister Giorgia Meloni on Thursday and mentioned the dangers of synthetic intelligence and delivery charges, amongst different subjects, the Italian chief tweeted Thursday. The Tesla CEO landed in Rome on Thursday on a flight from Austin, Texas, based … Read more