Freight tonnage dipped in July, continuing a pattern of uneven recovery in the trucking sector, according to the latest American Trucking Associations (ATA) For-Hire Truck Tonnage Index. The index fell 1% month-over-month to 113.5 in July from 114.7 in June,…
Two former Volkswagen engineers, Michael Stamp and Marcus Plank, have pleaded not guilty to conspiracy and securities fraud charges related to alleged insider trading on a $5 billion joint venture between Volkswagen and Rivian Automotive. Prosecutors claim the defendants made…
The Aboard T4 is a groundbreaking hybrid-electric travel trailer that ditches the traditional passive role of towed campers and steps into the future with its own battery, electric drive system, and smartphone-controlled maneuvering. Forget the age-old dance of shouting directions…
Rivian Automotive Inc. has reported a second-quarter adjusted EBITDA loss of $379 million, which is better than analysts’ expectations of a $548 million deficit. The company’s revenue was $1.66 billion, exceeding estimates of $1.52 billion. Rivian has attributed the improved…
The internet’s favorite punching bag—car flippers—just took another L, this time with a Rivian R2 Performance AWD. A seller listed a brand-new 2027 model with just 71 miles on the odometer on Cars & Bids, claiming it was a lifestyle…
Lucid Group Inc. shares crashed as much as 55% on July 14, 2026, after a report claimed the EV maker is exploring drastic measures including bankruptcy protection or going private. The intraday drop triggered multiple trading halts and rippled through…
Electric-vehicle maker Rivian Automotive announced plans to sell 75 million shares in a secondary offering, aiming to raise approximately $1.5 billion at the July 6 closing price of $20.14 per share. The proceeds will fund equity contributions tied to its…
Tesla’s second-quarter deliveries rose 25% year-over-year globally, driven by a 40% spike in Europe where soaring gasoline prices turbocharged EV demand. The surge contrasts sharply with the U.S., where Tesla’s sales are estimated to have fallen 20% in Q2 to…
Rivian’s decision to skip Apple CarPlay and Android Auto has frustrated buyers, with 39% of car shoppers in a recent American Trucks survey calling the omission a deal-breaker. The automaker isn’t alone—General Motors also pulled the plug on the feature,…
Rivian, the electric vehicle manufacturer, initially started as Mainstream Motors and later changed its name to Avera before finally settling on Rivian. The company’s first goal was to create an affordable, fuel-efficient hybrid sports car called the R1, which was…