Why the U.S. Postal Service is sticking with ICE trucks: Here's the rest of the story
The Postal Service’s process to consider such a large purchase began in 2015, at a time when EVs were still considered a niche curiosity.
Carvana bets on $2.2B ADESA U.S. acquisition to expand its reach, cut shipping times
The transaction would give Carvana exclusive use of the ADESA.com marketplace in the U.S., plus all auction sales, operations and employees at ADESA’s 56 vehicle logistics centers in the country.
Rivian 'making progress' on production ramp-up, sets market share goal
CEO RJ Scaringe said the company had the brand position “to build out a portfolio … to allow us to really work toward building a position of 10 percent market share within the EV space.”
Volkswagen, top shareholder strike framework deal for Porsche stock offering
If an IPO happens, Porsche would be divided into 50 percent preferred shares and 50 percent ordinary shares, while 25 percent of the preferred shares would be placed on the market.
Tesla stock sales by Elon Musk and brother Kimbal probed by SEC
The investigation is focused on transactions late last year just before Elon Musk polled Twitter followers asking if he should sell 10 percent of his stake in Tesla.