Latest News Updates From Ed Ludlow

Business, Technology, Equipment

Rivian Stumbles in Earnings Debut With Miss on EV Output

Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.

December 16, 2021
Business, Technology, Safety, Fuel, Autonomous

Lucid Says Air Sedan Will Be First US Car to Use Lidar

Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.

October 12, 2021
Business, Technology, Fuel

Lucid to Deliver 520-Mile Electric Sedan in October

Lucid Group Inc. has started production on its debut electric consumer car, with deliveries to begin at the end of October.

September 28, 2021
Government, Business, Technology

Rivian Gets US Regulatory Go-Ahead to Deliver EVs

Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., says it has received full regulatory certifications and can start delivering its debut electric vehicle to U.S. customers.

September 15, 2021
Business

Amazon-Backed Rivian in Talks for $5 Billion Texas Plant

Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc., is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News.

August 11, 2021
Business, Technology, Equipment

Rivian to Delay Production on Supply Chain Woes

Rivian Automotive Inc., the electric pickup maker backed by Amazon .com Inc., is pushing back to September its plans to start production of its debut vehicle, which was supposed to begin this month.

July 16, 2021
Business, Technology, Autonomous

GM鈥檚 Cruise Unit Starts Preproduction on Autonomous Shuttle

Cruise, the self-driving-car unit majority-owned by General Motors Co., has started preproduction on its purpose-built battery-electric autonomous shuttle and boosted its access to cash.

June 15, 2021
Business, Technology, Fuel, Autonomous

Rivian Hires Former Waymo CFO Gerard Dwyer

Rivian Automotive Inc., the electric-vehicle startup backed by Amazon .com Inc., has hired a former finance chief from Alphabet Inc.鈥檚 self-driving arm Waymo.

May 27, 2021
Business, Technology, Equipment, Autonomous

Electric Car Startup Lucid Hires Waymo Veteran as Finance Chief

Lucid Motors Inc., the Saudi Arabia-backed electric vehicle maker going public via a reverse merger, has hired a former executive of Alphabet Inc.鈥檚 Waymo as chief financial officer.

May 5, 2021
Business, Technology, Fuel, Autonomous

Nikola Loses EVP Heading Fuel Cell Development

Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.

April 7, 2021