Rivian revives $5B Georgia EV factory, pledges 7,500 jobs
On the Dash:
Rivian’s $5B Georgia EV plant will create 7,500 jobs, with production by 2028.
First announced in 2021, the factory is now set to break ground in 2026.
...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
Headlines
Tesla expands China lineup with new Model Y L starting at $47,200
On the Dash:
Tesla is launching the new six-seat Model Y L in China, offering extended range and seating to compete in the family SUV market.
The move aims to...
Used-vehicle and CPO sales surge in July as demand holds steady
On the Dash:
Used-vehicle sales rose 9% in July, up 7% year over year.
CPO sales jumped 11% in July, up 5% year over year.
New-car affordability and easier credit...
California launches $55M incentive for EV fast-charging expansion
On the Dash:
California launched a $55M program to expand public and business EV fast-charging infrastructure statewide.
Sites can receive up to $100,000 per charger, with priority for tribal, disadvantaged,...
Lucid offers $7,500 lease credit on Gravity SUVs through year-end
On the Dash:
Lucid is offering a $7,500 lease credit for Gravity SUVs to customers who order before Sept. 30 and take delivery by year-end.
The Gravity SUV is pivotal...
Detroit automakers lock in multiyear steel deals as tariffs raise cost fears
On the Dash:
Cleveland-Cliffs signed rare two- to three-year fixed-price steel contracts with U.S. automakers to stabilize costs amid tariff pressures.
Automakers face billions in added expenses from Trump’s steel...
Leasing gains momentum as buyers seek lower monthly payments
On the Dash:
Leasing made up nearly a quarter of new-car sales in 2024.
EV incentives drive leasing interest, with 70% of shoppers likely to consider it.
Lease-end buyout options...
Used-vehicle demand outpaces supply as sales surge in July
On the Dash:
July sales rose 9% month over month and 7% year over year, as affordability challenges in the new-car market push buyers toward used vehicles.
Dealer lots held...
July sees boost in new-vehicle affordability and incentives
On the Dash:
New-vehicle affordability improved in July, aided by higher incomes, lower prices, and stronger incentives.
Average monthly payments fell to $748, with median weeks of income needed dropping...
EV fast chargers produce unexpected air pollution risk
On the Dash:
A UCLA-led study found that nearly half of 50 fast-charging EV stations in Los Angeles County had particulate pollution above WHO guidelines, mainly from charging equipment fans...
