With less than three weeks until the R2 is finally unveiled, Rivian (RIVN) confirmed it will bring the more affordable electric SUV to Europe.
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Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising. For questions or comments, you can email him at Peter@electrek.co. You can also follow him on Twitter @EVPeteJohnson.
With less than three weeks until the R2 is finally unveiled, Rivian (RIVN) confirmed it will bring the more affordable electric SUV to Europe.
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BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”
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If you were looking to get your hands on a new Mustang Mach-E in Canada (or even the US), now may be a better time than ever. Ford drastically lowered prices on the 2023 Mustang Mach-E in Canada with up to $13,000 in savings.
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The world’s EV leader, BYD (OTC: BYDDY), announced a stock buyback plan as it continues expanding into new markets. BYD is pushing into different segments with new luxury EVs and mid-size electric SUVs.
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A new electric supercar will hit the market next week. BYD will officially launch its new Yangwang U9 electric supercar on February 25. The new EV supercar can sprint from 0 to 60 mph in 2 seconds.
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The new Kia EV9 is being marked up by dealers despite the brand specifically asking them not to. As demand picks, some dealers are marking up the electric SUV by up to $7,000 over MSRP.
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New EV registrations in the US were up 23% in December as adoption continues to grow. Although Tesla’s 11% growth lagged behind the market, the automaker still dominated with 56% of US EV registrations in 2023. Meanwhile, several smaller players, including Hyundai and Rivian, saw promising growth.
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As we get closer to the official debut of Rivian’s more affordable R2, we are finally getting a better idea of what to expect. After teasing the model for the first time yesterday, Rivian’s R2 was reportedly spotted filming in downtown LA shortly after.
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Leading global EV maker BYD’s electric pickup was recently spotted testing in Australia, suggesting the new model could be launching overseas soon.
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Those looking to get their hands on GM’s highly anticipated Chevy Blazer EV may have to wait even longer. Sales of the new Chevy Blazer EV are still paused as GM looks to overcome software glitches setting the automaker back.
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South Korea’s government looks to give domestic automakers Hyundai and Kia a break with its new EV policy. The new EV subsidy policy is in response to price cuts on Tesla’s Model Y and BYD’s models, which use lower-cost LFP batteries.
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Ford is open to partnering with the competition on affordable EVS to get a leg up on Chinese EV makers. Jim Farley, Ford’s CEO, said if you cannot compete with the Chinese, “then 20% to 30%” of your revenue is at risk.
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Rivian is giving us our first look at the more affordable R2 EV. The Rivian R2 will be officially revealed in three weeks. Ahead of its debut, Rivian opened the R2 website, sharing reservations will start at $100.
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Leading global EV maker BYD is making big moves to stay on top of the market. Its latest deal gives Ford and GM supplier BorgWarner rights to its BYD Blade battery packs.
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Are cheaper Chinese EVs a “colossal strategic threat” poised to enter the US market? Marin Gjaja, chief operating officer for Ford’s EV unit, believes they could put them out of business.
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If you drive a Ford EV, you can use this newly revealed easter egg to impress your loved ones this Valentine’s Day.
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California-based Scarbo Vintage revealed the SV Rover, an ultra-rugged off-road monster of a vehicle. Dubbed the “world’s first street-legal hypertruck,” the SV Rover packs over 1,000 hp in all-electric form.
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After hiring former Porsche and Apple executives, Rivian (RIVN) has made another key hire ahead of the launch of its new R2 electric models.
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The Hyundai Kona Electric, already one of the most affordable EVs in the US, was the top-selling electric vehicle priced below MSRP last month. Volkswagen’s ID.4 was second, with Hyundai’s IONIQ models and Kia’s EV6 also selling well below MSRP.
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An all-electric Porsche luxury van? This could be a possibility. Porsche’s design boss, Peter Varga, said a van is now “very interesting” when combined with luxury.
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As BYD continues its dominant global expansion, the EV maker’s latest target is a stone’s throw from the US. BYD is looking to establish an EV plant in Mexico as an “export hub” for the US.
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Chinese EV leader BYD is launching its cheapest electric car, the Seagull, in South America. The BYD Seagull will go by the Dolphin Mini overseas and will start at $20,100 (99,800 BRL).
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Pyka, a Silicon Valley startup, delivered its first electric autonomous cargo plane to AFWERX, the US Air Force’s network of innovators.
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An all-electric Chrysler that can drive itself with “unlimited” range? That’s what Chrysler is showcasing with the new Halcyon EV concept. The sleek sports car features futuristic tech, next-gen batteries, and a new design theme, giving us a glimpse into Chrysler’s all-electric future.
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