Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion electric vehicle battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023. Michael Wayland/CNBC DETROIT – Ford Motor is delaying production of a new all-electric large SUV and pickup truck, as it … Read more
For sale: A brand new luxury electric SUV for the holy-grail price of $25,000. There just might be a slight catch. The California-based electric SUV company Fisker faces a real possibility of bankruptcy, and its stock is hovering just over 2 cents a share, far below its 2021 peak of $28.50. And even though production … Read more
MEXICO CITY — Prosecutors in the violent western Mexican state of Jalisco said Wednesday they found five dead bodies piled in a bulletproof SUV, while near the Arizona border authorities found seven more bodies. The state prosecutors’ office said someone called an emergency number to report the vehicle Tuesday. Inside, police found the bodies of … Read more
The Tesla Model Y’s success as 2023’s best selling car globally proves what we already know: Midsize premium SUVs are so hot right now (especially in America) and many shoppers in the class are both curious about and ready to make the EV conversion. The new Audi Q6 e-tron and its sport-tuned SQ6 variant are … Read more
Last week, the electric automaker Rivian unveiled the R2, its latest electric SUV. When the vehicle starts rolling off production lines—in the first half of 2026, Rivian says—the R2 will join the R1S SUV and the R1T pick-up truck in the automaker’s lineup. Critically, Rivian pledges its newest entry will be cheaper: At “around” $45,000, … Read more
Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | Reuters Shares of Rivian Automotive surged 13% on Thursday as the EV maker unveiled three new vehicles and announced more than $2 billion in savings related to pausing construction on … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/23671617/npatel_220627_5327_0054.jpg)
Rivian likes to think of itself as a trailblazer. It was first to market with an all-electric truck and is still one of the few companies today selling an electric three-row SUV. And its EVs are marketed for off-road adventures — the literal blazing of trails. But on March 7th, Rivian will release its next … Read more
Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter that recaps the last few days in tech. This week, social network Bluesky opened for anyone to join — which feels appropriate here in NYC, given the sunshine and unseasonably warm temperatures we’ve been enjoying. For those more inclined to while away the days … Read more
River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric ‘SUV’ two-wheeler in India. The all-equity Series B round also saw participation from startup’s existing investors, … Read more
Rivian will reveal its next-generation vehicle — a smaller, cheaper electric SUV known as R2 — on March 7, the company announced Monday morning. There’s little other detail about the event, though it’s expected to be held in Laguna Beach, California, as the company recently filed paperwork for an event there under the title “RIVIAN … Read more