electric vehicles
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Tech News
Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build…
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Tech News
Rivian downsizes DOE loan to $4.5B for Georgia factory
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build…
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Redwood Materials lays off 10% in restructuring to chase energy storage business
Redwood Materials has laid off around 135 employees, or roughly 10% of its workforce, as it restructures to better accommodate…
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Rivian’s factory hit by tornado ahead of R2 launch
Rivian’s factory in Normal, Illinois was directly hit by a tornado and sustained damage over the weekend, the company has…
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Ford EV and tech chief leaving automaker
Doug Field, the high-profile executive who shaped Ford’s electric vehicle (EV) and technology strategies over the past five years, is…
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Monarch Tractor’s collapse ends in with an acquisition by Caterpillar
Monarch Tractor’s assets have been acquired by construction giant Caterpillar, after struggling to pivot to a software services business, according…
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Lucid Motors names new CEO, lands more money from Uber and Saudis
Lucid Motors has finally found a new CEO in long-time industrial executive, Silvio Napoli, marking the end of a more…
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Slate Auto raises $650M to fund its affordable EV truck plans
Jeff Bezos-backed electric vehicle startup Slate Auto has raised another $650 million as the company prepares to put its first…
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Slate Auto: Everything you need to know about the Bezos-backed EV startup
In April 2025, a new company called Slate Auto came out of stealth and shocked the car industry. Not only…
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Volkswagen drops all-electric ID.4 in the US in pivot back to gas SUVs
Volkswagen will no longer produce the all-electric ID.4 at its U.S. factory in Chattanooga, Tennessee, as the German automaker shifts…
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Tesla’s Texas factory workforce reportedly shrunk 22% in 2025
The total workforce at Tesla’s factory outside Austin, Texas shrunk dramatically last year as the company suffered its second straight…
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Tesla’s cheaper vehicles aren’t helping its declining sales
Tesla spent more than a year touting that “more affordable” cars were on the way, and they finally arrived last…
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