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Rivian Automotive reported a smaller-than-expected loss in a sign of progress as the EV maker cuts costs and staff ahead of plans to begin deliveries of a new midsize SUV next year.

Eventually the goal is to use Nvidia’s more advanced DRIVE AV platform, which includes a sensor suite of cameras, radar and lidar, to develop Level 4 autonomous vehicle capabilities.

Tesla's Q3 profit fell short of Wall Street’s expectations despite record EV sales, a sign of the pressure automakers are facing from shifting federal policies and rising costs.

Lucid Group’s electric vehicle production fell short of Wall Street’s forecasts during the third quarter as the car maker contends with the elimination of the consumer tax credit.

The company likely delivered around 439,600 vehicles worldwide in the three months that ended in September, a roughly 5% drop from a year ago.

Uber and Lyft also get licenses under a new state law that takes effect Sept. 1.

The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.

The number of new Tesla vehicles registered in California fell once again as the company continued to lose ground in the largest U.S. market for electric vehicles. 

Uber is teaming up with electric vehicle maker Lucid and self-driving tech startup Nuro to launch a robotaxi fleet.

Rivian produced about half as many electric vehicles as Wall Street expected in the second quarter prior to the launch of 2026 model year vehicles later this month.