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Rivian

Rivian stock falls as R1S deliveries pushed back by months...

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Amid huge publicity moves including an initial public offering on the NASDAQ exchange and the first deliveries of their all-electric pickup truck, Rivian has hit a speedbump. Their highly anticipated R1S electric sport utility vehicle will not be entering production in December as announced. The first units to be delivered will likely be somewhere between […]
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tax

Additional EV tax credits still in limbo. How will it...

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The Build Back Better bill contains billions of dollars earmarked for the transportation industry, and one of the most contentious components has to do with EV tax credits. The proposed bill, if enacted as it currently reads, would offer an extra $4,500 in tax credits for union-built EVs plus another $500 for vehicles containing battery […]
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Rivian

First electric pickup truck rolls off Rivian assembly line

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On Tuesday, Rivian achieved a monumental milestone for the electrified auto market by becoming the first carmaker to produce a sale-able mass-market EV pickup truck. The company produced the first Rivian R1T pickup intended for a customer at its manufacturing plant in Normal, Illinois. Rivian CEO RJ Scaringe tweeted, “After months of building pre-production vehicles, […]
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Ford lightning

Ford doubles F-150 Lightning production target on strong demand

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It’s been just over three months since Ford announced the all-electric version of their best-selling pickup, the F-150 Lightning. Deliveries are expected to start in the spring of 2022, and the Blue Oval company added 500 new jobs in the Rouge Electric Vehicle Center to assemble these pickups. But months before the first delivery rolls […]
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Rivian

Rivian factory in UK possible as carmaker reportedly in talks...

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Rivian Automotive has been in discussions with UK ministers about building the first factory outside of the United States to produce their all-electric vehicles. The news broke on Saturday by Sky News whose source claims Rivian has been in “secret negotiations” with ministers from the British government regarding a potential factory site near Bristol. An […]
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infrastructure bill

How could a new infrastructure bill impact EV stocks?

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President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US has ever seen. Revamping the infrastructure throughout the United States has been one of his top priorities and would include repairs to roads and bridges as well as the expansion of […]
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Rivian

Rivian’s Camp Kitchen gets a demo from CEO RJ Scaringe...

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On June 26, a YouTube video by Volter Media circulated with Rivian CEO RJ Scaringe behind the camera. The three-minute clip goes through the Rivian R1T’s Camp Kitchen that has apparently gone from prototype to production with the lead engineer Rachel performing the walkthrough. The Camp Kitchen slides out of the Rivian’s passthrough tunnel between […]
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vehicle

CBT automotive newscast: September 28, 2020

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Today’s Featured Interview: CBT News Market Update: Jasen Rice, Lotpop & Derek Mah, LotLinx To quickly recap this week’s numbers, new car sales came out to...

Ford set to begin production of the all-electric F-150

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The concept of an all-electric Ford F-150 has been anticipated for a while, and the automaker is taking the first steps to move from a concept to production. In a press release, Ford confirmed plans to begin construction of the new Rouge Electric Vehicle Center, the facility in which it will build the F-150 EV […]
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automotive newscast

CBT Automotive Newscast: August 31, 2020

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Today’s Featured Interview: CBT News Market Update: Bob Lanham, Facebook & Lance Schafer, LotLinx From the beginning of the COVID-19 pandemic to now, digital marketing in auto retail has undergone a tremendous amount of change. We spoke with Lance Schaefer, General Manager of Product and Technology at LotLinx, and Bob Lanham, Head of Automotive Retail […]
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