Slate

Cargo Ship Sinking Sparks $560M Loss For Ev Industry

Cargo Ship Sinking Sparks $560M Loss for EV Industry

On June 3, 2025, the Morning Midas, a cargo ship carrying 3,048 Chinese vehicles, including 750 electric vehicles (EVs) and hybrids, caught fire and sank 20 days later, costing the industry an estimated $560 million, according to the Anderson Economic…

Rivian

Rivian Boosts EV Charging Experience with Smarter, Faster Updates

Rivian is revolutionizing the electric vehicle (EV) charging landscape with a comprehensive software update that enhances charging speed, provides detailed energy insights, and simplifies the process for owners. This overhaul reportedly targets Rivian’s first- and second-generation EVs, aiming to deliver…