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Tech News
RJ Scaringe has raised more than $12 billion across three startups and investors still want more
Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur…
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Tech News
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors said Tuesday that it’s no longer sure how many EVs it will build or sell this year, as…
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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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Tech News
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
Faraday Future paid around $7.5 million to a company controlled by its founder Jia Yueting in 2025, according to a…
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Porsche is adding an all-electric Cayenne coupe to its lineup
Porsche will start selling an all-electric Cayenne coupe in late summer, the latest signal from the German automaker that it…
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Rivian R2 production has started despite tornado damage to factory
Rivian has rolled the first customer-ready R2 SUVs off the production line at its factory in Normal, Illinois, just days…
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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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Amazon taps Sweden’s Einride for its electric big rigs
Einride is adding 75 of its electric heavy duty trucks to Amazon’s Relay freight network as part of a deal…
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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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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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Tech News
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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