Rivian production numbers reached a milestone as its 100,000th EV rolled off the production line, after releasing its R2, R3, and R3X models last month.
Lucid is raising $1 billion from an affiliate of Saudi Arabia’s Public Investment Fund, bolstering its 2024 release of Gravity, the all-electric Lucid SUV.
If and when the auto industry switches to “solid-state” EVs with new batteries, range and efficiency could drastically increase. But there’s a problem.