Rivian pushes back deliveries of R1T Launch Edition by one month

Customer deliveries originally slated to begin in June will now start in July.

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As government plans new rules, global automakers move to store car data locally

Tesla said on Tuesday it had set up a site in China to store data generated by all vehicles it sells in the country. Other automakers told Reuters they have done the same.

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U.S. consumers borrow more for longer periods to drive trucks, SUVs

Average credit scores for consumers who financed new and used vehicles are higher, and delinquency rates are lower.

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GM to restart several plants over the next month

The chip crisis remains fluid globally, said GM spokesman David Barnas, but the automaker's supply chain team has made strides to mitigate the impact.

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Hyundai to cut ICE lineup, invest in more EVs, report says

Hyundai will finalize its plans to switch to full-electric models within the next six months, Reuters reported.

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Former Waymo finance chief Dwyer joins Rivian

Gerard Dwyer joined Rivian this week as vice president of business finance, according to a post on LinkedIn.

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Senate panel to advance EV, clean energy tax credits

The extension of the EV tax credit would be a boon to motorists looking to buy from Tesla and GM, whose offerings are no longer eligible for the credit under current law

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