Rivian Lost $1.7 Billion in the Third Quarter
The electric truck maker said it had enough cash to fund its operations through 2025.
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Lucid Motors Inc Production Rawlinson, Peter (Automotive Executive)
Lucid Said It Will Raise Up to $1.5 Billion in Capital
The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
Posted inCompany Reports Electric and Hybrid Vehicles Ford Motor Co Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Stocks and Bonds
Ford Lost Money in the Third Quarter as Costs Surged
The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
Posted inBiden, Joseph R Jr Electric and Hybrid Vehicles Leno, Jay Presidents and Presidency (US) Reagan, Ronald Wilson Trump, Donald J United States Politics and Government
How Biden Uses His ‘Car Guy’ Persona to Burnish His Everyman Image
In the run-up to the midterm elections next month, President Biden is hoping his gearhead reputation will appeal to some parts of the Trump base.