Rivian is promising a lot down the road. Here’s what to expect.
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Rivian had high hopes for its more affordable R2 vehicle – and so far, those hopes appear to be paying off. The company released its third-quarter production and delivery numbers today, reporting 19,751 vehicles produced and 19,248 delivered. That represents an 85 percent year-over-year increase in production and a 45 percent jump in deliveries. (For […]
Tesla introduced a new feature to enable drivers to escape quickly while charging their vehicles in response to a mass shooting at a Supercharger location in Idaho in August that left seven people wounded and four dead. When a Tesla vehicle is charging, the plug is locked to the charging port and driving is disabled. […]
The company delivered more than 486,000 EVs in the third quarter, down from last year’s record but moving in a positive direction.
Deliveries jumped roughly 45% compared to the same quarter last year, with Rivian delivering more than 19,000 EVs.
Tesla sold fewer vehicles in the third quarter than it did a year ago, when consumers rushed to cash in on expiring federal tax credits for electric vehicle purchases. But the company still beat estimates from Wall Street, suggesting that it’s recovery was still on track. Tesla said that it produced a total of 464,391 […]
The company says around 14 vehicles may be affected, and that it has resolved the issue on the assembly line.
As the new vehicle supply decreases, prices increase.