Rivian Deliveries Pushed to 2022

Rivian has started notifying customers that they will need to wait a bit longer to receive their vehicles. Rivian has sent notifications that lay out delivery windows for the “Launch Edition” that range from March to September. It’s reasonable to assume that the company’s less-pricey “Adventure” and “Explore” packages will also be pushed to the… Continue reading Rivian Deliveries Pushed to 2022

Rivian Valued at $100B in Stock Market Debut

Investors showed Wednesday strong support for electric vehicles by lifting the valuation of Rivian Automotive Inc. to more than $100 billion. Shares of Rivian hit the Nasdaq Wednesday and jumped 53% from its debut price. It was the world’s largest initial public offering this year. Chief Executive RJ Scaringe thanked his team and shared photos… Continue reading Rivian Valued at $100B in Stock Market Debut

Ford Announces Crate Motor for EV Conversions

Ford announced a plan Tuesday to help electrify fleets of older vehicles with a new crate motor.  Dubbed the “Eluminator e-crate motor,” Part No. M-9000-MACH-E, is now available at authorized Ford parts warehouse dealers or online at Ford Performance Parts. The Eluminator retails at $3,900 and is “targeted for builders looking for a transverse-oriented powertrain… Continue reading Ford Announces Crate Motor for EV Conversions

Rivian Preparing to IPO Next Week

Electric vehicle manufacturer Rivian is planning its initial public offering for next week, according to a regulatory filing. The company is seeking a valuation of just over $60 billion. The automaker will trade on the Nasdaq Stock Market under the symbol RIVN. Rivian, which just recently started delivering its first vehicles, filed for the IPO in September. In… Continue reading Rivian Preparing to IPO Next Week

Musk Says Cybertruck Will Have Removable Mirrors

They weren’t present on the prototype, but it seems the production version of the Cybertruck will have side mirrors. Chief Executive Elon Musk tweeted Tuesday that the upcoming all-electric Tesla pickup will include mirrors, but they will be removable. Recently, the Tesla Cybertruck was spotted in the wild featuring side mirrors. After the sighting, Elon Musk… Continue reading Musk Says Cybertruck Will Have Removable Mirrors

Rivian Trucks Spotted During Blue Origin Launch

William Shatner got to ride in a Blue Origin rocket on Wednesday, but he also got a ride in the new all-electric Rivian pickup. Blue Origin’s flight on Monday included Shatner and three other astronauts. Blue Origin founder Jeff Bezos personally drove the astronauts to launch in the Rivian R1T. Bezos’ Amazon is a big… Continue reading Rivian Trucks Spotted During Blue Origin Launch

Ford Makes $11.4B Investment in Electric Future

Ford announced Monday a massive $11.4 billion investment in its plans to build electric vehicles. The company, alongside battery partner SK Innovation, plans to build three new production facilities in Tennessee and Kentucky that will build both electric vehicles and batteries. Ford said the initiative will create 11,000 jobs. Ford said the investment was spurred by strong demand… Continue reading Ford Makes $11.4B Investment in Electric Future

Rivian Gets Range Rating of 316 Miles for R1T Pickup

The U.S. Environmental Protection Agency has posted official range estimates for the Rivian’s all-electric pickup and sport-utility vehicle.  According to a posting on the agency’s website, the R1T pickup truck has an official EPA range of 314 miles, while its R1T SUV received a rating of 316 miles. Rivian has promised at least 300 miles of… Continue reading Rivian Gets Range Rating of 316 Miles for R1T Pickup

Rivian Files for IPO Targeting $80 Billion Valuation

Electric vehicle upstart Rivian has filed for an initial public offering that would value the company between $70-80 billion. The company is currently pursuing two segments, electric delivery vans for companies like Amazon, and an electric pickup and SUV aimed at adventure seekers. While Amazon currently has Rivian vans in operation, the consumer vehicles have… Continue reading Rivian Files for IPO Targeting $80 Billion Valuation

Report: Ford Doubles Production Target for F-150 Lightning

2022 Ford F-150 Lightning XLT. Pre-production model with available features shown. Available starting spring 2022. Cargo and load capacity limited by weight and weight distribution.

Ford has doubled its production target for the all-electric F-150 Lightning pickup, according to a report from Reuters. The first electric version of the nation’s top-selling truck is expected to start deliveries next year. According to the report, demand for the Lighting has been so strong that Ford has decided to pump $850 million in production efforts.… Continue reading Report: Ford Doubles Production Target for F-150 Lightning