Amazon reports better-than-expected Q2 revenue, profits

[ad_1] SEATTLE, Washington: Amazon has announced better-than-expected revenues and profits for the second quarter of 2023. Due to a major loss on its investment in electric vehicle (EV) start-up Rivian…

To Get the EV Tax Credit, You Will Now Have to Buy an American Brand

[ad_1] New restrictions on qualifying for the as much as $7,500 EV tax credit mean that only U.S. brands currently qualify. [ad_2] Source link

Ram’s New Electric Pickup Truck Aims for Battery Range of 500 Miles

[ad_1] The Ram 1500 REV is likely to go on sale next year and will try to surpass the ranges of EV rivals. [ad_2] Source link

WSJ News Exclusive | Rivian Moves More Engineers Near Illinois EV Factory to Speed Up Output

[ad_1] WSJ News Exclusive Autos Industry EV startup centralizes more of its workforce to get assembly line running faster [ad_2] Source link

WSJ News Exclusive | Rivian’s Chief Lobbyist Is Leaving the EV Startup

[ad_1] Jim Chen is departing the company, the latest high-level exit as the electric-vehicle startup works to scale up operations. [ad_2] Source link

WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup

[ad_1] The exits over recent months were some of Rivian’s longer-tenured employees. [ad_2] Source link

EV Startup Rivian Missed 2022 Production Target

[ad_1] Rivian fell short of its 25,000-vehicle production target for 2022, capping a challenging year for the electric-truck startup.  [ad_2] Source link

With New EVs Arriving, Brand Loyalty Goes Out the Window

[ad_1] As more car makers roll out electric vehicles, they are discovering that early customers are far more apt to try new brands. [ad_2] Source link

Rivian Pauses Talks With Mercedes on Joint Van Factory in Europe

[ad_1] The electric-vehicle maker said it wants to focus on its existing commercial-van business, as well as retail sales of trucks and SUVs. [ad_2] Source link