Rivian's software chief said on Monday that Pet Mode will reach the R2 in the company's next over-the-air update, fixing the timing for one of the familiar features the midsize SUV lacked at launch.
Lucid's shares extended Friday's rally on Monday, pushing the two-session gain past 23%, hours after Cantor Fitzgerald said it expects the premium brand to report over 5,100 units delivered in the second quarter.
Rivian has delivered the very first R2 vehicles in Washington state and Orlando, Florida, as the lineup's cheapest model spread across the US three weeks after launch.
Cantor Fitzgerald expects Lucid to deliver 5,170 vehicles in the second quarter, a sharp rebound from a recall-hit start to the year, even as the luxury EV maker swaps chief executives and cuts roughly 18% of its US workforce.
Cantor Fitzgerald expects Rivian to deliver slightly fewer vehicles in the second quarter than in the first, even though it has already begun delivering the R2 SUV — its cheapest model yet and the one meant to reignite growth.
Chinese carmakers are betting on Western celebrities and motoring personalities to put their names and faces behind their flagship vehicles, in a marketing push that has accelerated sharply in 2026.
Tesla began rolling out its FSD V14 Lite software to a first wave of Hardware 3 owners on Monday, a long-promised update that narrows the gap with newer cars but stops short of the unsupervised driving the company has said the hardware will never support.
Ma Lin, assistant VP for brand at Nio Inc., said that the company's forthcoming five-seat ES8 will not be heavily discounted, in remarks that circulated on Weibo less than two weeks before Nio reveals the variant's price at a July 9 launch.
Nio Inc. opened pre-orders on Sunday for a five-seat version of its ES8 flagship sport utility vehicle and set July 9 for the model's market launch, the company said on Weibo.
Rivian notified R2 order-holders that their vehicles have entered pre-production, the latest step before the EV maker attributes a Vehicle Identification Number (VIN) to each unit.
Polestar and Volvo share a Chinese owner, a Swedish badge, and a South Carolina assembly line.
BYD Co. and Chery Group have not yet shipped their first vehicles for sale to Canada, China's ambassador to the country, Wang Di said on Friday.
Nio Inc. said most of the first 10,000 buyers of its ES9 flagship sport utility vehicle were new to the brand and that it is winning customers from luxury combustion rivals.
Shares of the struggling EV maker Lucid Motors jumped more than 15% on Friday, as investors weighed a week of deep job cuts — exclusively reported by EV — against signs that its plans to start production of its third model by year-end remained on track.
A Texas EV finance company has taken delivery of a Rivian commercial van, in what it called the first non-Amazon example of the model in Dallas.
XPeng plans to take its self-driving software worldwide in 2027, its founder and chief executive said on Friday, days after the UN cleared the first global rules for driverless cars.
Ferrari launched its first electric car, the Luce, in China on Friday, pricing the model from 3.988 million yuan ($586,100) as it tests demand for its first fully electric model in the world's largest market for electric vehicles.
Volkswagen is considering closing four German factories and cutting as many as 100,000 jobs, in what would be the biggest overhaul in the carmaker's history, Manager Magazin reported on Friday.
Tesla drew a more upbeat call from Morgan Stanley, which raised its estimate for the company's second-quarter deliveries to 413,000 vehicles from 373,000, citing recovering demand in Europe and China.
Nio delivered the 10,000th unit of its flagship ES9 on Friday, about a month after the full-size electric SUV first reached customers, one of the fastest ramps for a premium model in China.
