Unifor is also engaged in “general conversations” with the Canadian government about using procurement dollars to support the nation’s auto sector.
Commercial vehicle registrations for both hybrid and battery-electric vehicles skyrocketed from 2019 to 2024 while ICE registrations declined, according to data from S&P Global Mobility.
Until the end of June, both the short-wheelbase BrightDrop 400 and long-wheelbase BrightDrop 600 EVs get a massive $25,500 ...
Parking my Rivian R1S next to the new VW ID. Buzz revealed a stark contrast in size, but ultimately, range and price cemented ...
Rivian Automotive reported a first-quarter sales decline of 36 percent, citing fewer commercial van deliveries and weaker demand partially driven by the impact of the L.A. fires in a key EV market.
Rivian commercial electric van, R1S, and R1T (Source: Rivian) Rivian is also upgrading its manufacturing plant in Normal, IL, as it prepares to launch the midsize R2. Starting at about $45,000 ...
Rivian’s U.S. manufacturing limits its exposure to the 25% tariffs. That said, I expect some margin pressures from imported components sourced through Tier 2 and Tier 3 suppliers. I expect a ...
Rivian's path to profitability hinges on maintaining key partnerships, boosting auto gross margins to ~20%, and aggressive revenue growth, with a Hold rating due to potential upside. Expansion ...