Rivian cuts hundreds of workers after R2 deliveries start
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to inv…
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Waymo’s spent robotaxi batteries will be used as grid storage
The company announced a deal with B2U Storage Solutions to repurpose the battery packs as Waymo pulls them off the road.
Rivian under investigation over rear suspension failures on R1 models
At least two owners have lost control of their vehicles after a critical suspension component broke. In both cases, the vehicles had been previously s…
Rivian will deliver the first R2 SUVs on June 9
The company has finally set a date for the first customer deliveries of what CEO RJ Scaringe has said is "maybe the most important thing we’ve launche…
Ferrari’s first EV is not for you
The Ferrari Luce seems to be more aimed at regulatory compliance and China, putting a lot of pressure on the Jony Ive-designed EV.
RJ Scaringe has raised more than $12 billion across three startups and investors still want more
Founder and CEO RJ Scaringe has a knack for raising money. So far, his three startups have raised more than $12.3 billion.
Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries
The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.