A new Leaderboard Report from Guidehouse Insights evaluates the strategy and execution of 21 electric vehicle (EV) upstarts. The report, looks at the field of upstarts across light, medium, and heavy duty vehicle classes. The companies included within the analysis are manufacturers that have launched their first vehicle in the past 3Continue Reading
Ford has canceled its electric vehicle (EV) plans with Rivian with regards to a fully electric Lincoln SUV. Last year, Ford invested $500 million in Rivian. As a part of that investment, they planned to develop an EV that used Rivian’s battery pack and electric motor setup. The vehicle wouldContinue Reading
Coronavirus outbreak has put a complete halt on all the manufacturing activities around the world. While Tesla did a phenomenal job by building a record number of new vehicles during the first quarter of 2020 despite its factory in Shanghai being shut down for several weeks due to the coronavirus.Continue Reading
Rivian, the American electric start-up that has the potential to be even more influential than Tesla. The little-heralded electric car maker recently received a new round of funding, some $1.3 billion, and much of that came from two sources, Amazon and Ford. You could hardly think of two companies thatContinue Reading
Amazon is new to the world of parcel delivery and initially opted for a fleet of diesel-powered Mercedes Sprinter vans for its Prime package deliveries. Last-mile delivery involves a mind numbing number of starts and stops throughout the day and all those cycles take a toll on the efficiency ofContinue Reading
In a press release dated January 29, Lincoln announced it is “working together with Rivian to develop an all-new electric vehicle previously announced as part of Ford Motor Company’s original investment in Rivian.” The Lincoln battery electric vehicle will be built off Rivian’s flexible skateboard platform and is part ofContinue Reading
Rivian has not even begun building pre-production versions of its RiT electric truck and R1S electric SUV, but it raised almost $3 billion in 2019, capped by its most recent funding round that added $1.3 billion to the company’s coffers. This latest round was led by T. Rowe Price, whichContinue Reading
Deep sea mining businesses are banking on the EV market to kickstart this destructive sector, which may start operations as soon as next year. Nonetheless, five of the eight electric vehicle manufacturers rated by Greenpeace (Rivian, Renault, BMW Group, Volvo, and Volkswagen) have openly backed a global ban on deepContinue Reading
