• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Volkswagen’s stake in Rivian grows to $5.8B, joint venture now formed

Green Car Reports
VW’s taking a larger stake in Rivian, now up to $5.8 billion Rivian and VW’s joint venture has formally been created The Rivian R2 in 2026 and a Volkswagen in 2027 will be the first vehicles to feature the new joint-venture electrical architecture The Volkswagen Group on Tuesday announced that it would up its investment in Rivian as the two… Read more…

EV newcomer Xiaomi rolls its 100,000th SU7 off its assembly line… in a mere 230 days

We say it all the time. Scaling is hard. However, that doesn’t appear to be an issue for Xiaomi Automobile, the new EV business arm of consumer electronics giant Xiaomi Corporation. According to a recent social media post by Xiaomi’s founder, the automotive division has built the 100,000th example of its flagship SU7 EV in a blistering 230 days since its launch. Read more…