Browsing: Supply Chain
Rivian has revealed its plan to raise funds worth $1.3 billion through the sale of bonds, citing increasing expenses and…
Volvo Cars has announced record-breaking sales figures for the month of February. The automaker sold 51,286 cars, which marks a…
Volvo Trucks has taken another significant step towards its sustainability targets, delivering 20 of its fully electric heavy trucks to…
Rivian is aiming to manufacture up to 62,000 EVs in 2023, according to sources familiar with the matter. This figure…
Mercedes-Benz has initiated the construction of a new battery recycling plant in Kuppenheim, Germany. The primary objective of the facility…
The Australian electric vehicle market continues to flourish as Tesla’s Model 3 maintains its position as one of the country’s…
The global electric vehicle (EV) industry has been growing rapidly in recent years, with China leading the way as the…
Kore Power, a US-based battery developer, has announced plans to partner with Siemens to establish a battery cell factory in…
Rivian has confirmed that it will not join Tesla in its recent price-cutting frenzy. Despite Tesla’s moves to reduce prices…
Next.e.GO Mobile partners with Trafigura to secure future supply of transition and battery metals
German electric vehicle manufacturer Next.e.GO Mobile has entered into a non-binding letter of intent with raw materials trader Trafigura, to…
Rivian’s Q4 Earnings Report Shows Revenue Miss, but Significant Reduction in Operating Expenses
Rivian released its earnings report for Q4 and full-year 2022 on February 28th, after the market close. Although the company…
Stellantis, the world’s third-largest automotive group by sales, announced on Monday that it had invested $155 million to purchase a…