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Lucid, Rivian Sued In Illinois Over Direct Sales Model
Tuesday, March 30, 2021 - 4:01am | 663Read More...A lawsuit has been filed against electric vehicle startups Rivian Automotive and Lucid Motors in Illinois for selling vehicles directly to consumers in the state. What Happened: The lawsuit was filed by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and other...
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Tesla Rival Rivian To Install Over 3,500 Fast EV Chargers And Another 10,000 Open To Public By 2023
Friday, March 19, 2021 - 12:29am | 489Read More...Amazon.com Inc. (NASDAQ: AMZN)-backed electric vehicle startup Rivian on Thursday revealed plans to install more than 13,500 chargers by the end of 2023 across the United States and Canada, meant exclusively for its customers as well for the public. What Happened: The electric vehicle startup said...
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Fintech Focus For March 19, 2021
Thursday, March 18, 2021 - 11:23pm | 1887Read More...Quote To Start The Day: Biden’s remarks in the ABC interview that aired Wednesday has triggered a furious reaction from Russia’s government, which unleashed a barrage of criticism and took the extraordinary step of recalling its ambassador back to Moscow for "consultations"...
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Amazon Starts Deliveries Using Electric Rivian Vans In San Francisco
Thursday, March 18, 2021 - 2:40pm | 313Read More...At the end of 2020, Amazon.com Inc (NASDAQ: AMZN) was spotted testing all-electric delivery vans in California. The new delivery van is produced by Michigan-based Rivian, a new manufacturer of electric vehicles. Amazon announced a purchase of 100,000 delivery vans from Rivian back in 2019 and...
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Fintech Focus For March 4, 2021
Wednesday, March 3, 2021 - 7:59pm | 2442Read More...Quote To Start The Day: “In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio.” Source: JPMorgan One Big Thing In Fintech: In recent months,...
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Job Listing Hints Rivian Is Looking To Make Solid State Batteries
Wednesday, March 3, 2021 - 6:20pm | 239Read More...The future of electric propulsion lies in battery production. Most EV manufacturers are limited by the amount of batteries than can be produced or bought, so companies are always looking for the next best thing. Now it looks like Ford Motor Company (NYSE: F)-backed Rivian is looking to the...
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Top 10 Electric Vehicle Stocks You Should Know About
Friday, February 26, 2021 - 4:31am | 1070Read More...The electric vehicle market is expected to touch $985.72 billion by 2027 as traditional automakers and emerging EV companies transform the automotive landscape. The change is being precipitated by factors such as the Biden Administration's push to convert the entire federal fleet to EVs. Here...
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Tesla's Cybertruck Vs. Rivian's R1T: How Do These Trucks Of The Future Match Up?
Wednesday, February 17, 2021 - 8:00pm | 526Read More...Editor's note: this story has been updated to reflect the correct price of the Rivian R1T. The Tesla Inc (NASDAQ: TSLA) Cybertruck is one of the most hotly anticipated vehicles in recent memory. Deliveries of the Cybertruck, which was unveiled in 2019, are expected to begin...
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Fintech Focus For February 11, 2021
Wednesday, February 10, 2021 - 8:07pm | 2014Read More...Quote To Start The Day: “Gamification is controversial; in some ways, it’s a good thing because you’re lowering the barrier to entry, and making people more motivated to participate in something that’s perceived as a game.” “But, it can be dangerous. If you...
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Tesla Rival Rivian Prepares To Go Public This Year At $50B Valuation: Report
Wednesday, February 10, 2021 - 1:02am | 442Read More...Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian Automotive Inc may go public as early as September, Bloomberg reported Tuesday. What Happened: The California-based automaker — also backed by Ford Motor Company (NYSE: F) — could achieve a valuation of nearly $50 billion or more, people...
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Biden Says Entire Federal Fleet Will Be Replaced With Electric Vehicles — Workhorse, Lordstown Surge
Tuesday, January 26, 2021 - 2:05am | 498Read More...President Joe Biden said Monday that the entire U.S. federal fleet of vehicles would be replaced by EVs made in the United States. What Happened: “The federal government also owns an enormous fleet of vehicles, which we're going to replace with clean electric vehicles made right here in...
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Tesla Cybertruck Loses Out To Ford F-150 In Cox Survey Of US Pickup Buyers
Monday, January 25, 2021 - 2:31am | 504Read More...Ford Motor Company’s (NYSE: F) all-electric F-150 is the more popular choice among buyers in the United States than Tesla Inc’s (NASDAQ: TSLA) Cybertruck, according to research by Cox Automotive. What Happened: The study based on 155 in-market consumers was published last week and...
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How Option Traders Are Playing Ford Following $2.7B Rivian EV Truck Investment
Thursday, January 21, 2021 - 3:40pm | 633Read More...Ford Motor Company (NYSE: F) shares spiked 6.6% Thursday and are now up 18.6% in the past week following news that Ford electric truck startup Rivian raised more than $2.7 billion at a $28 billion valuation. The Ford news also triggers a flurry of unusually large bullish option trades on...
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Amazon-Backed EV Maker Rivian Close To Raising Fresh Funding At $25B Valuation: Report
Wednesday, January 6, 2021 - 5:06am | 376Read More...Electric vehicle startup Rivian is close to raising new funds from existing and new investors at a valuation of $25 billion, according to Bloomberg. Reportedly, the details surrounding the fundraiser haven't yet been finalized. What Happened: Rivian's current investors include industry...
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Breather For Tesla, Rivian, Lucid As Michigan Bill Seeking To Ban Direct Auto Sales Abandoned
Tuesday, December 22, 2020 - 12:10am | 398Read More...A proposed Michigan bill that would have killed the direct-sales model of electric vehicle companies like Tesla Inc (NASDAQ: TSLA), Lucid Motors, and Rivian has been shelved indefinitely, CNET Roadshow reported Monday. What Happened: A Lucid spokesperson told CNET that the state senate...













