The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
Volkswagen has officially unveiled the ID. Polo, the all-electric version of its best-selling compact car, with a starting price of 24,995 euros.
Porsche will start selling the Cayenne Coupe Electric in late summer.
The company is following through on its promise to not let Musk “double dip” if he won his appeal to restore Tesla’s 2018 compensation package, worth $56 billion.
Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.
The company’s all-important mass-market EV is just about ready to start heading to customers.
The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.
The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.
Doug Field had stints at Apple and Tesla before joining Ford in 2021.