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Volkswagen

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Rivian Bets $9.5 Million on Round Rock Service Center as R2 Launch Looms
Volkswagen · Rivian

Rivian Files To Sell 75 Million Shares Into Its R2 Rally, The Dilution We Called In February

Rivian filed to sell 75 million new Class A shares after Monday’s market close, a deal worth roughly $1.5 billion at the day’s $20.14 closing price. The company says the proceeds will fund general corporate purposes, including the equity contribution requirements tied to its Department of Energy (DOE) loan for the Georgia factory. The timing…

Toyota Chairman Akio Toyoda Says He Feels 'Very Alone' as the Industry Shifts to EVs
Toyota

Toyota Chairman Akio Toyoda Says He Feels ‘Very Alone’ as the Industry Shifts to EVs

Toyota chairman Akio Toyoda told British outlet Carwow this week that the industry-wide move to battery-electric vehicles is the single thing he fears most about the future of the car, and that his public defense of combustion engines has left him feeling isolated at the top of the world’s largest automaker. The interview, conducted by…

Audi Buries Its 2026 EV-Only Pledge Under a $700,000 V8 Supercar Called the Nuvolari
Audi

Audi Buries Its 2026 EV-Only Pledge Under a $700,000 V8 Supercar Called the Nuvolari

Audi revealed the Nuvolari today in Antibes, a 1,001 PS plug-in hybrid two-seater that the company calls the fastest and most powerful production vehicle in its history. The car pairs a 4.0-liter twin-turbo V8 with three electric motors, will be built in a run of 499 units, and reaches a top speed above 350 km/h…

BYD Denza Z9GT Claims World's Longest EV Range at 1,036 Km, But CLTC Numbers Need Context
China

Western Automakers’ EV Retreat Hands China a Structural Advantage That Gets Harder to Reverse Every Quarter

The Guardian’s Saturday analysis frames what’s happening in Western auto boardrooms with unusual bluntness: pulling back from electric vehicles while oil prices spike over the Iran war is, as one former industry chief puts it, a “profound strategic mistake.” The historical parallel is Detroit in the 1980s, when Japanese competitors ate the American industry’s lunch…

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