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...The US electric-vehicle maker Rivian said it will make 2,000 more trucks, vans and SUVs than originally planned this year, accelerating output after improvements along its production lines in the second...
...Since 2021, the year Rivian’s first truck rolled off the Normal assembly line, he has wired garages to make it easy to install an electric car charger....
...Chief executive RJ Scaringe said Rivian had fewer problems securing parts in the third quarter than in the first half of the year....
...This marks the first international expansion for Rivian, which builds vans, pick-up trucks and sport utility vehicles in Illinois....
...Still, on a comparative basis, he thought it was a higher probability than having an impact on an old-line company as an entry-level PhD graduate....
...In the current quarter, chief executive RJ Scaringe said the company had suffered “several headwinds” in production....
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...Founded in 2009 by engineer RJ Scaringe, Rivian is known for its truck, the R1T, and sport utility vehicle, R1S....
...“There’s a completely separate line for the commercial vehicle and a completely separate line for the consumer.”...
...He then added: “Now, RJ, where are our vans?”...
...Scaringe, who tried to compete with Tesla before switching to pick-up trucks, has absorbed the lesson....
...“My wife didn’t want me to be a truck driver,” he once said of his longtime spouse Cathy, whom he met as an undergraduate and married a few years later....
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...First in line is the spin-off of GSK’s consumer health business due to be completed next year....
...(Washington Post) The UK will ban the sale of diesel trucks from 2040, and VW says EU rules will make electric vehicles more profitable than petrol cars....
...Drop us a line and join the conversation: Due.Diligence@ft.com....
...But huge trucks are hogging the roads again, hauling fracking equipment across the reserve, and recruitment is picking up....
...One thing to start: in an interview with DD’s Ortenca Aliaj, Nikola board member and ValueAct founder Jeff Ubben defended the electric truck start-up and its founder Trevor Milton against allegations of...
...Drop us a line and join the conversation: Due.Diligence@ft.com. The relentless rise of Mukesh Ambani In a complicated year for dealmaking, one man stands out....
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...It is regrettable for Uber and its investors that the settlement failed to draw a line under the controversy....
...Pronto’s first product, CoPilot, is “Level 2” driver-assist technology giving commercial trucks a set of cameras and predictive analytics software designed to make driving safer....
...Its Toyota Tacoma truck line jumped 25.7 per cent for its best monthly sales result since 1996, and the 4Runner SUV sales jumped 26 per cent....
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