Rivian (NASDAQ: RIVN) will report its earnings results for the fourth quarter and full year 2021 today after the market closes. Here’s what to look for. According to Bloomberg data, Wall Street consensus estimations expect an adjusted loss per share of -$2.05, along with a revenue of $63.99 million. After producing 1,015 vehicles and delivering 920 in…
Tesla has started sending out invites for a Model Y delivery event at Gigafactory Berlin on March 22, 2022. The event will begin at 3 p.m. local time. With Tesla securing its final environmental approval last week, all eyes are now on the company and how quickly it could meet the more than 400 ancillary provisions that…
The long range variants of the Tesla Model 3 sedan and Model Y crossover have received a $1,000 price adjustment in the United States. In China, select variants of the Model 3 and Model Y also received a price increase of RMB 10,000 (about $1,500). With the latest round of price adjustments, the cost of…
On March 9, 2022, Volkswagen unveiled its all-electric van, the ID. Buzz in Hamburg, Germany. The ID. Buzz comes in two variants, the microbus and cargo van. “Both versions of the ID. Buzz are pioneering in terms of their sustainability: their manufacture and shipping has a carbon-neutral footprint. We are also using recycled synthetic materials…
Tesla employees from Ukraine who have been asked to return to their country to fight in the ongoing war against Russia will keep their employment and be paid their salary for three months. Following the three months, Tesla would reassess the conflict in the region and their employees’ situation to decide what should be done…
Tesla’s domination of the United States electric vehicle sector continues Tesla’s Model Y, Model 3, and Model S claimed the top three spots of January’s U.S. BEV registrations, with its top two models combining for well over 60 percent of the total electric vehicle sales during 2022’s first month. The Model X was ninth on the…
The Hyundai IONIQ 5 all-electric vehicle has been named the 2022 Hispanic Motor Press Electric Vehicle of the Year. The Hyundai IONIQ 5 was unveiled in late February 2021 and is built upon the company’s Electric-Global Modular Platform, also known as E-GMP. The vehicle combines comfortability, performance, and versatility to offer a unique driver and passenger experience.…
The Securities and Exchange Commission, or SEC, asked a judge for permission to disburse $40 million in funds to investors that were collected as part of a 2018 settlement with Tesla and its CEO Elon Musk. The SEC said in a filing on Tuesday night that it was ready for a “fair and reasonable” means…
T&E’s analysis of imports, dependency, trade value, ports and pipelines. Transport is the largest consumer of oil in the EU, and the EU is dependent on imports for 97% of its oil products. One out of four barrels of crude oil that supplies the Bloc comes from Russia. In the context of the Russian Federation’s…
What trends can we look out for this year in the automotive space? According to Dawn Alcott at Go Banking Rates, “If you look at the top three automotive trends for 2022, you may think it’s a page straight out of the Tesla playbook. Cars.com, a car-shopping marketplace, identified three trends driving [the] consumer motor vehicle business…