EV startup Rivian is burning through billions of dollars in cash as it ramps up production of its consumer and commercial vehicles, but it has solid product and a business plan, analysts say.
Author: Automotive News
The CEO and co-founder of Monarch Tractor explores the use of connected, autonomous and electric-vehicle technology in agriculture, details how a V2G-enabled Toyota Prius sparked a big idea, and highlights the start of production with Foxconn.
Electric vehicles present an opportunity to sell finance-and-insurance products despite their lack of maintenance, Assurant Dealer Services Senior Vice President Jeff Strickland writes in a guest column.
When the auto industry trains its product development guns on a component, that item usually gets smaller, lighter, simpler, more powerful and more efficient. That's what's happening today to the electric motor, which is really just now starting what will likely be a very long journey in the automobile.
Although the electric motor has only a few moving parts, it is not a simple machine. Because the rotor spins at high speeds, the internal windings and other components must be strong. The temperature also has to be managed. If the motor gets too hot, the magnets will lose their strength. Here’s a look inside the motor and it's controller, the inverter.
The automaker is working to ease dealerships into its ambitious EV rollout, but it has no plans to specify the dollar amounts they'll need to invest as GM and Ford have done.
The 22 heartland states have just 16 percent of national EV share. A slew of new electric models and a push to build more EV chargers is likely to spur greater adoption, the report says.
Ford and Stellantis, each pursuing ambitious EV product goals, said it's not too late for up-and-coming suppliers to get involved.
After creating luxury EV models in the $170,000 to $250,000 range, EV startup Lucid unleashed its designers to create one for a mere $89,050.
GM President Mark Reuss told investors this month that the automaker is 'in the long game' when it comes to pricing EVs and aims to make them comparable to gasoline-powered models.