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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…
Bentley will call its first electric car the Torcal, the company announced from Crewe on July 6, 2026, ahead of a full reveal set for London on September 23. The name draws on El Torcal de Antequera, a limestone formation in Andalusia, Spain, and on the Latin torquere, to twist, the root of the modern…
The average electric vehicle still delivers up to 95% of its original range after five years on the road, according to battery-data firm Recurrent, and the highest-mileage cars are making the point hard to ignore. Richard Symons, who runs a used-EV dealership in southern England, has logged 247,000 miles on his five-year-old Tesla Model 3…
Rivian delivered 12,194 vehicles in the second quarter of 2026, up about 14% from the 10,661 it delivered a year ago and comfortably ahead of the 10,518 analysts expected, according to estimates compiled by Visible Alpha. And Rivian paired the beat with a bigger statement: it raised its full-year 2026 delivery forecast from 62,000-67,000 to…
Tesla registrations climbed across most of Europe’s big EV markets in June. France more than doubled from a year earlier, Sweden rose 56%, Portugal and Italy each gained 43%, Denmark added 39%, and Spain managed 5.6% growth. Norway went the other way and dropped 43%. The numbers land as Tesla prepares to publish second-quarter delivery…
A Tesla Semi slammed into two passenger vehicles stopped at a red light on U.S. 50 in Dayton, Nevada, on Sunday morning, June 28, killing a married couple and leaving a third person with life-threatening injuries. Preliminary statements gathered at the scene suggest the truck driver may have fallen asleep, according to the Lyon County…
BMW unveiled the all-electric iX5 on June 30, 2026, alongside the rest of its fifth-generation X5 lineup at the company’s “Home of X” event at Plant Spartanburg, South Carolina. The iX5 60 xDrive will be the first fully electric BMW built in the United States, with production at Spartanburg starting later this year and customer…
Geely will ship its first Lotus electric vehicles to Canada in July, with a delivery ceremony planned in Montreal, China’s ambassador to Canada Wang Di told Reuters on Friday, June 26. The Lotus Eletre SUVs are the first Chinese-owned and Chinese-built cars sold to Canadian buyers under the quota Prime Minister Mark Carney agreed with…
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