News

Lucid Motors aims to produce 25,000–27,000 EVs in 2026. Its $50K midsize crossover will target higher sales and profitability, while early Gravity production and cost cuts set the stage amid strong competition.

Rivian has invested nearly $25 billion over eight years to build the R1 and its production capacity. The 2026 R2 crossover could expand output and market reach, testing whether early spending delivers long-term returns.

Waymo has extended its driverless taxi service to 10 metro areas and is targeting 1 million weekly rides by 2026. Meanwhile, Tesla’s robotaxi program remains limited to Austin, underscoring contrasting rollout speeds.

Edmunds data shows lightly used 2025 EVs selling for $6,000–$24,000 less than new models. Early depreciation and the end of tax credits are widening price gaps, even as used-car loan rates remain higher than new financing offers.

Ahead of the R2 launch, Rivian will expand to over 150 U.S. service centers and grow its mobile fleet by 50%. With up to 67,000 deliveries projected in 2026, service capacity faces a major test.

January EU data shows EVs taking 19.3% of registrations despite a shrinking overall market. Renault and BYD posted strong gains, Tesla fell, and affordable models drove adoption.

For 2026, Ford makes the Mustang Mach-E’s front trunk a $495 option after reviewing usage data. The move reflects a broader industry shift toward monetizing features once included as standard.