Rivian and Lucid are both electric vehicle manufacturers, but that’s where the comparisons end when looking at each company’s third-quarter earnings results. Rivian beat the street’s expectations as Lucid fell short. Headlight.News has details.
Rivian and Lucid are both electric vehicle manufacturers, but that’s where the comparisons end when looking at each company’s third-quarter earnings results. Rivian beat the street’s expectations as Lucid fell short. Headlight.News has details.
The Trump administration’s trade war is proving costly for the auto industry which will wind up paying about $10.6 billion in tariffs – just on autos and auto parts imported from Canada and Mexico – through the end of October, and while they’ve largely absorbed most of those costs, so far, consumers can expect to start seeing more of those tariffs passed on in new vehicle prices in 2026 and beyond, reports Headlight.News.
Ferrari on Thursday revealed details about its first battery-powered model, the Elettrica. But the Italian automaker is delaying a second EV. And it’s not alone. Ford has scrapped several all-electric models, while Nissan pulled the plug on the 2026 Ariya. Acura just ended production of the ZDX and Stellantis has abandoned the all-electric Ram REV. Those are among a growing list of planned EVs that no longer will make it into production — or will be substantially delayed. Here are some of the others.
Rivian CEO RJ Scaringe says he has “never been more confident than I am today” about the future of the struggling EV manufacturer. That’s despite a series of challenges facing the battery-electric vehicle sector in general – including the loss of federal EV tax credits and the rise of the low-cost Chinese competitors who are threatening to enter the U.S. market. A critical test will come early next year with the launch of Rivian’s more affordable R2 model line. But it’s also counting on joint ventures and alliances like those with Volkswagen and Amazon, reports Headlight.News.
The lack of a robust public charging network is often cited as a key reason why EV sales have slowed down. But despite a cut in federal funding, the rollout of chargers has continued accelerating. Better yet, a new study finds that the number of times EV owners plug in, only to find the charger doesn’t work, has fallen substantially. More from Headlight.News.
Ford will invest $5 billion to set up its “Universal EV” program – and, it claims, completely transform the way vehicles are designed, engineered and manufactured. The test will come with the 2027 launch of a new, all-electric midsize pickup, said CEO Jim Farley, with a “targeted price of $30,000.” But there could be a cost in terms of long-term automotive employment, reports Headlight.News.
If you managed to wrangle a ticket to the Goodwood Festival of Speed over the weekend you might have wondered about that camouflaged SUV racing up the hill might have been. A closer glimpse at the Porsche decal was your first hint: the all-electric version of the Cayenne soon set to join the German automaker’s line-up. Here’s more from Headlight.News.
Looking for the brands delivering the highest levels of initial quality? Lexus and Nissan rose to the top in this year’s J.D. Power Initial Quality Study, while General Motors had more top-ranked models than any other manufacturer. There were some surprises in this year’s IQS by Jaguar and Ram. But, yet again, motorists pointed to onboard technology as the biggest source of trouble. More from Headlight.News.
Starting a new car company from ground up has never been easy and the terrain is littered with recent failures like Canoo and Fisker. But one brand, in particular, seems poised for success. Rivian has earned kudos for its first generation of rugged EVs, with more in the pipeline. Headlight.News recently got a chance to get back into the updated Rivian R1S SUV for a week and has this review.
American EV makers Rivian Automotive and Lucid Motors released their first-quarter earnings results, each hitting positive markers for the period. Rivian earned another $1 billion in funding from Volkswagen for turning a gross profit. Meanwhile, Lucid hit another vehicle delivery record during the period. Find out more at Headlight.News.
Good news or bad? It all depends on how you choose to look at Rivian’s first-quarter sales and production results. Headlight.News explains.
With thousands gathered in protest at dealers around the world over the weekend, Tesla wrapped up what is expected to be a weak first quarter, the automaker watching sales dwindle as opposition grows to CEO Elon Musk’s role in the Trump administration – as well as his increasingly vocal shift to the political far right. Headlight.News has the latest.