Rivian has decided to build its planned second US plant to the east of Atlanta, in the state of Georgia. Once completed, the plant should be able to produce up to 400,000 electric vehicles per year. Construction is scheduled to begin in the summer of 2022 and production is to start in 2024.
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Tesla is now claiming that their employees who had migrated to Rivian were “caught red-handed” stealing core technology for next-generation batteries from Tesla.
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Nikola had already entered into an agreement to sell up to $300 million worth of shares to Tumim Stone Capital in June. Now the electric truck maker has signed a second purchase agreement with the investment bank, bringing the total to $600 million.
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Ford has started pre-series production of the F-150 Lightning. The electric pickup truck is scheduled for market launch in spring 2022. Due to the high demand, Ford has now confirmed that it will significantly increase production.
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The financially troubled electric car start-up Lordstown Motors has appointed a new CEO, Daniel Ninivaggi. Previously, Steve Burns had stepped down as CEO and Julio Rodriguez as CFO.
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In response to President Joe Biden’s transport decarbonisation course, Volkswagen wants to realign its electric car plans for the United States “in a massive way”. Thomas Ulbrich, chief development officer at VW, has just made the announcement in Munich.
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Electric car startup Rivian is reportedly close to closing a multi-billion dollar financing round. According to a media report, the new investments are expected to bring Rivian a valuation of 25 billion US dollars (around 20 billion euros).
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The US startup Rivian has announced that the ‘Launch Edition’ of its two models R1T and R1S have already sold out. Orders have also come in for the following top model with the 180 kWh battery.
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Ford is building a new facility next to its truck plant in Dearborn, Michigan, for the production of the electric F-150 pickup truck. Prototype production is to begin next year before sales of the Ford F-150 EV start in 2022.
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Lordstown Motors plans to go public on the US stock exchange Nasdaq through a merger with the investment company DiamondPeak Holdings. It is not the only American EV startup with such plans.
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Nikola Motor has just celebrated the ground-breaking ceremony for its plant in Coolidge in the US state of Arizona, where the Nikola Tre and Nikola Two trucks will initially be produced. Nikola CEO Trevor Milton has also revealed more about the electric pickup Badger.
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General Motors has published its annual sustainability report, which includes details of the 20 electric models that GM plans for its various subsidiary brands by 2023.
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Ford has announced investments of around 700 million US dollars in their Dearborn plant. The factory in the US state of Michigan is to prepare production for the electrified variants of the F-150 pickup, among other things.
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The US-American electric car startup Bollinger Motors has revealed the prices of its first two models. Both the all-terrain vehicle B1 and the pickup truck B2 start at 125,000 dollars.
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General Motors is apparently planning a whole series of electric pickup trucks and SUVs to be produced at the Detroit-Hamtramck plant. This could result in significantly more electric models coming onto the market than expected.
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General Motors apparently intends to produce their own battery cells in the future. This is the result of statements GM has made to the US car union United Auto Workers (UAW) in current talks to settle a strike.
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