Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric… Continue reading Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain
Author: CNBC Online news
Rivian announces new AI tech, chip and robotaxi ambitions
Rivian debuted new tech at its first “Autonomy and AI Day” in Palo Alto, California, Dec. 11, 2025. Credit: Rivian PALO ALTO, Calif. – Shares of Rivian Automotive declined 6.1% Thursday after the electric vehicle maker held its first “Autonomy and AI Day,” with plans to eventually launch self-driving EVs. Rivian CEO RJ Scaringe and… Continue reading Rivian announces new AI tech, chip and robotaxi ambitions
Rivian turns to AI, autonomy to woo investors as EV sales stall
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past. The all-electric vehicle… Continue reading Rivian turns to AI, autonomy to woo investors as EV sales stall
Stellantis to bring tiny Fiat car to U.S. following Trump remarks
Stellantis plans to offer the Fiat Topolino, an all-electric quadricycle vehicle, in the U.S. Stellantis DETROIT – Chrysler parent Stellantis on Monday announced it will offer an all-electric small “car” called the Fiat Topolino in the U.S. The automaker did not announce timing for the vehicle, but Fiat CEO Olivier François confirmed plans to bring… Continue reading Stellantis to bring tiny Fiat car to U.S. following Trump remarks
Waymo crosses 450,000 weekly paid rides as Alphabet robotaxi unit widens lead on Tesla
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit in April, when Waymo reported… Continue reading Waymo crosses 450,000 weekly paid rides as Alphabet robotaxi unit widens lead on Tesla
SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Dado Ruvic | Reuters Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated… Continue reading SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Tesla gains in 2026 Consumer Reports’ auto brand rankings
Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S. The EV manufacturer… Continue reading Tesla gains in 2026 Consumer Reports’ auto brand rankings
GM’s new product chief Sterling Anderson eyes technology renaissance for automaker
GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months… Continue reading GM’s new product chief Sterling Anderson eyes technology renaissance for automaker
Inside Europe’s biggest rare earths factory on Russia’s doorstep
A view of the NEO magnetic plant in Narva, a city in northeastern Estonia. A plant producing rare-earth magnets for Europe’s electric vehicle and wind-energy sectors. Xinhua News Agency | Xinhua News Agency | Getty Images NARVA, Estonia — Europe’s big bet to break China’s rare earths dominance starts on Russia’s doorstep. The continent’s largest… Continue reading Inside Europe’s biggest rare earths factory on Russia’s doorstep
Trump’s South Korea tariff cuts are major boost for Hyundai and GM
American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters DETROIT — Hyundai Motor and General Motors are set to be two of the greatest beneficiaries of lower U.S. tariffs on imports, including vehicles, from South Korea. The South Korean-based automaker is the largest U.S. importer… Continue reading Trump’s South Korea tariff cuts are major boost for Hyundai and GM