Rivian's price hike leads to a shareholder lawsuit
The lawsuit claims that it didn't disclose potential damages from the increase.
Electric pickup
GM sells its stake in troubled electric pickup maker Lordstown Motors
It had invested $75 million with the company.
Rivian delays its electric R1T pickup and R1S SUV to September
CEO RJ Scaringe pointed to the 'cascading impacts of the pandemic' amid the latest setback.
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Ford's F-150 Lightning Pro comes with a $50,000 extended range option
For commercial fleet customers only.
Rivian raises pricing for its electric truck and SUV
The R1T pickup will start at $75,000 and the R1S SUV at $77,500.
Ford’s all-electric F-150 and Transit van will hit dealerships mid-2022
Lots of Ford’s competitors plan to launch EV trucks in 2021.
Rivian will repurpose used EV batteries for solar power in Puerto Rico
Battery packs from its development vehicles will support renewable energy storage in Adjuntas.
