Rivian made a name for itself when it unveiled one of the first electric pickup trucks, the R1T, in 2018. It followed that up with an SUV built off the same platform, the R1S, and has since built a passionate fan base around a brand that celebrates adventure and the outdoors. Now it’s preparing for… Continue reading Inside Rivian’s design factory and the story behind those distinct headlights
Author: CNBC Online news
BYD’s UK sales soar 880%, making it the EV-maker’s largest market outside China
BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said. Cfoto | Future Publishing | Getty Images Chinese electric carmaker BYD sold 11,271 cars in the U.K. last month, the company said on Monday, representing year-on-year growth of 880%.… Continue reading BYD’s UK sales soar 880%, making it the EV-maker’s largest market outside China
Tesla’s stock jumps 5% after teaser video sparks speculation of Roadster or mass market model
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla shares rose more than 5% on Monday after the electric vehicle maker posted a teaser video on X sparking speculation that the company could be… Continue reading Tesla’s stock jumps 5% after teaser video sparks speculation of Roadster or mass market model
Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil
The Aston Martin DB12 Goldfinger Edition during the 007 takeover of Burlington Arcade on Oct. 29, 2024, in London, England. Dave Benett | Getty Images Entertainment | Getty Images Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry… Continue reading Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT — Shares of the Detroit automakers closed higher Friday following an afternoon report that President Donald Trump is considering “significant tariff relief” for the production of vehicles in the U.S. Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted… Continue reading Detroit auto stocks jump on report of tariff relief for U.S. vehicles
2026 will be the ‘year of the used EV,’ analyst says. Here’s why
Charging an electric vehicle. Tashdique Mehtaj Ahmed | Moment | Getty Images The price of used electric vehicles has come down to levels comparable with gasoline cars, a dynamic poised to boost their popularity despite the loss of a federal tax incentive for EVs, according to auto analysts. In August, the price premium for used… Continue reading 2026 will be the ‘year of the used EV,’ analyst says. Here’s why
Tesla, GM lead record U.S. EV sales this year as federal incentives end
watch now DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September. New data provided to CNBC from Motor Intelligence shows U.S. sales of EVs,… Continue reading Tesla, GM lead record U.S. EV sales this year as federal incentives end
Tesla deliveries rise 7% before EV tax credits expire
Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Tesla reported quarterly vehicle deliveries up 7% over the year prior for the period ended Tuesday, the same day that a key tax credit for buyers of electric vehicles in the U.S. expired. Here are… Continue reading Tesla deliveries rise 7% before EV tax credits expire
BYD monthly sales tumble for the first time in 2025, reinforcing slowdown concerns
HANGZHOU, CHINA – SEPTEMBER 21, 2025 – Viewers watch a new energy vehicle under BYD at an auto show in Hangzhou, Zhejiang Province, China on September 21, 2025. Cfoto | Future Publishing | Getty Images China’s electric-vehicle behemoth BYD posted its first year-on-year decline in deliveries in 2025, even as it entered the peak season… Continue reading BYD monthly sales tumble for the first time in 2025, reinforcing slowdown concerns
NASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdown
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and… Continue reading NASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdown