Rivian has commenced an underwritten public offering of 75 million shares of common stock, a raise worth roughly $1.5 billion based on the stock’s recent price.
The capital raise lands just days after Rivian’s stock rallied on stronger-than-expected Q2 delivery results and a raised full-year outlook.
A ~$1.5 billion raise, timed to the rally
Rivian (Nasdaq: RIVN) announced the offering on…
The IONIQ 5 is one of the most popular EVs right now outside of Tesla, and now Hyundai’s three-row electric SUV is finding its niche.
Hyundai drives growth as demand for EVs rises
If you’re seeing more Hyundai vehicles on the road, it’s not by chance. The Korean…
The Seal 08 boasts “the power of a million-dollar vehicle,” but can be bought for under $30,000 in China. After it went on sale last week, locked-in orders for BYD’s new flagship electric sedan reached around 65,000 in its first 30 hours.
BYD Seal 08 orders reach…
A Tesla driver was filmed apparently fast asleep behind the wheel at about 100 km/h on British Columbia’s Trans-Canada Highway on Sunday, with two sleeping children in the car.
The obvious question is how Tesla’s driver monitoring — the very system meant to catch this — let it happen. The answer is that the driver was wearing large sunglasses, and that one detail exposes a real gap in how…
I’ve spent countless hours here at Electrek doing detailed hands-on testing of hundreds of electric bikes. Through thousands of miles of riding, I’ve been fortunate to learn these e-bikes inside and out, top to bottom and front to back. That long-term experience with…
Volkswagen's next electric SUV is almost here, and it's not just a rebadged ID.4 [Images]
July 7, 2026
The Volkswagen ID. Tiguan is expected to debut later this year, bringing much more than just a new look and name.
Volkswagen ID.4 due for an overhaul as the ID.Tiguan
Volkswagen announced in April that it would end production of the ID.4 at its Chattanooga, Tennessee plant.
Electrek American Solar Challenge 2026: About the race, full schedule, and teams competing
July 7, 2026
It’s now July, which means schools from around the world are making final preparations for the Electrek American Solar Challenge 2026, and this year is going to be an especially notable one! A record 42 teams from colleges in the US, Canada, Belgium, and the Netherlands are registered to compete in the Formula Sun Grand Prix pre-qualifier track event in less than two weeks.
This is a big deal…
British battery-electric vehicle registrations jumped 38% in June to 64,440 units, pushing EVs to nearly 30% of the new car market — their strongest monthly performance outside seasonal peaks, according to New AutoMotive data released Friday.
The overall market grew 15%…
Tesla has mapped out a Robotaxi service area in Miami, publishing a geofence that covers only a small slice of the metro — mostly West Miami and a strip stretching toward Doral and Sweetwater.
It’s the latest city Tesla has drawn a box around, but the announcement lands…
Harris County prosecutors have charged the Tesla driver who crashed into a Katy, Texas, home and killed a 76-year-old woman with manslaughter, alleging he overrode Full Self-Driving to floor the car to 73 mph in a residential cul-de-sac.
The charging document also reveals something new: in the weeks before the crash, the driver had been Googling that FSD wasn’t aggressive enough.
Michael David…
