A number of Rivian customers waiting on the R2 electric SUV say their orders have stopped moving, with vehicle-identification numbers (VINs) going unmatched and no delivery dates scheduled while unsold R2s appear to be accumulating at the company's factory.

EV maker Rivian projected preliminary second-quarter revenue above Wall Street's expectations and said its cash position had climbed to about $5.3 billion.

Bentley Motors said on Monday that its first fully electric model, a luxury SUV, will be called the Torcal, and set the car's global reveal for September 23 in London.

Lucid said on Monday that it drew $800 million from its delayed-draw term loan facility on July 6, tapping its Saudi backer for the second time this year as the EV maker restructures under a new chief executive and burns through cash.

Nio Inc. has registered a wholly owned export-focused sales company in the Chinese port city of Zhoushan, the latest addition to its network of regional entities.

Shares of Rivian fell 7.7% to $18.61 in after-hours trading on Monday after the EV maker announced a public offering of 75 million shares, reversing an 8.1% gain in the regular session that a delivery beat and analyst upgrades had driven.

Nio Inc. has cut the starting price of its entry-level model Firefly in Norway by about 17%, the second such reduction in under a year, while leaving the same model untouched in the other European markets.

Shares of Rivian rose 6.2% to $19.80 on Monday morning, hours after JPMorgan sharply raised its price target on the EV maker even as it kept a bearish rating.

Chinese-owned car brands took a record share of the UK market in June, led by Chery's three marques, MG and BYD, as newer entrants such as Leapmotor and XPeng posted the steepest growth in the industry.

A batch of 105 vehicles that Nio built for the Norwegian market is due to arrive this month, the delivery the Chinese EV maker flagged in June as evidence that it is not retreating from Europe.

Lucid is offering zero-percent financing for 72 months on its 2026 model year Gravity SUV, the most aggressive terms it has put on the vehicle, as it works to clear inventory more than three months after launching the 2027 version of the same model.

Lucid is offering zero-percent financing for 72 months on its 2026 model year Gravity SUV, the most aggressive terms it has put on the vehicle, as it works to clear inventory more than three months after launching the 2027 version of the same model.

One of the first Rivian R2s delivered to external customers has appeared on the used market at a steep premium, with a private seller in Colorado listing a near-new example for $79,900 — roughly $22,000 above the price the owner would have paid new.

Cantor Fitzgerald reiterated its Neutral rating and $8 price target on Lucid after the EV maker's second-quarter deliveries fell short of Wall Street estimates, holding its stance just days after a bullish forecast from the firm had helped drive a 23% rally in the stock.

Tesla launched its robotaxi service in Miami on Friday, extending the autonomous ride-hailing programme to a third state and opening the first of five cities whose rollout had slipped past the company's own first-half deadline.

China will end the vehicle and vessel tax breaks it grants to energy-saving and new energy vehicles from January 1, 2027, removing another layer of the support that helped build the world's largest EV market.

Lucid's board has decided to slow the company's push into new European markets and will carry out a reduction of its regional workforce before the end of September, EV has learned.

Canaccord Genuity reiterated its Buy rating on Rivian, arguing the EV maker can establish itself as the credible second force in the US market behind Tesla.

The head of product for Europe at Firefly, the entry-level marque of Chinese EV maker Nio, has left the company, according to a post on LinkedIn on Friday.

Tesla launched the Model Y L, a stretched six-seat version of its best-selling sport utility vehicle, in the United States and Puerto Rico on Thursday, hours after reporting a second-quarter delivery beat.