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Rivian to unveil R2 in early 2024, targeting $40K price tag
While Rivian’s production facility in Normal, Illinois continues to churn out R1T electric pickup trucks and R1S electric SUVs, the automaker is actively developing its next offering, the R2. Claire McDonough, Rivian’s chief financial officer, […]
Tesla shares update and new details on Dojo supercomputer
Tesla has shared an update and new details on its Dojo supercomputer, saying that it will go into production in July. The update came from Tesla’s new artificial intelligence Twitter account @TeslaAI, with CEO Elon […]
Rivian acquires Iternio, will integrate A Better Route Planner into its EVs
Rivian has confirmed it has acquired Iternio, a Swedish EV route planning app maker best known for its consumer-oriented application called A Better Route Planner (ABRP). The acquisition will see Rivian integrate Iternio’s technology into […]
China extends tax break for electric vehicles through 2027
China announced on Tuesday an extension of the tax exemption for electric vehicles (EVs), which it calls new energy vehicles (NEVs). This tax break, which was initially set to expire on December 31, 2023, will […]
Tesla reportedly interested in buying wireless charging company Wiferion
Tesla is reportedly interested in buying Wiferion, a company based in Germany that specializes in wireless charging systems for a variety of industrial electric vehicles (EVs). News of a possible acquisition comes a few months […]
Ford CEO Jim Farley says the Cybertruck isn’t for “real people who do real work”
Tesla is set to start deliveries of the Cybertruck later this year, and while the company reportedly has over 1.5 million reservations, Ford CEO Jim Farley apparently isn’t worried customers will pick it over their […]
