Slate crosses 150,000 reservations despite waning EV truck enthusiasm https://t.co/SaDrbFFjoG ...

We're here in Detroit, Michigan. We're at Slate Automotive, and this is what we're looking at. It's a lowcost modular SUV.People can buy directly from the company, customize it any which way they want. They can do a pickup, they can do a sport utility vehicle. [Music] We're launching a platform called Slate University on the website that has all of the DIY videos to break them into very small and easy steps.America [Music] needs an affordable vehicle. We're going to be offering them that solution. [Music] W ...

Core Viewpoint - Rivian has shown significant progress as an electric vehicle (EV) start-up, but comparisons to Tesla should be approached with caution due to the different competitive landscape and challenges ahead [2][7][10]. Company Achievements - Rivian transitioned from an idea to a functioning business, producing a well-regarded EV truck and delivery vans for Amazon, indicating strong operational capabilities [3][9]. - In late 2024, Rivian achieved its first gross profit, marking a critical step towards positive earnings, as it generated more revenue from vehicle sales than production costs [5]. - The company delivered over 10,000 vehicles in Q2 2025, demonstrating scaled production and setting the stage for future growth with the upcoming R2 truck aimed at the mass market [6][9]. Competitive Landscape - The current EV market is more competitive than when Tesla first entered, with numerous traditional automakers now producing EVs, which could limit Rivian's profit margins even if successful [10]. - Rivian's partnerships with Amazon and Volkswagen provide a solid foundation, but the need for ongoing investment in R&D suggests profitability may still be years away [9]. Market Performance - Despite a 90% decline from its all-time highs, Rivian's stock has increased nearly 23% over the past year, outperforming the S&P 500's nearly 17% gain, indicating some investor optimism [12]. - The potential for further stock price declines exists, as recent positive news may have already been priced in by investors [12]. Investment Considerations - Rivian presents a material opportunity for growth, but investors should be aware of the risks and the long time frame required for potential returns [13]. - Conservative investors may prefer to wait until the R2 is launched to better assess consumer reception before making investment decisions [14].

Nevoya raises $9.3M as its EV truck fleet reaches cost parity with diesel | TechCrunch https://t.co/wkP0G3mFuA ...

Group 1: Tariffs and Government Relations - General Motors (GM) is engaged in "very productive" conversations with the Trump administration regarding the new 25% automotive tariffs, with CEO Mary Barra stating alignment with the administration's goals for a strong U.S. auto industry [2][3] - Barra emphasized that the administration's intent is not to harm U.S. automakers, and GM is focused on helping the administration understand the complexities of the automotive industry's investment cycles and supply chain [3][4] - The company seeks "clarity" and "consistency" in public policies to aid decision-making, given the five- to six-year development cycle for new vehicles [5] Group 2: Electric Vehicles (EVs) and Infrastructure - Barra remains optimistic about the future of electric vehicles (EVs), believing that consumers will eventually prefer them over gas-powered vehicles, contingent on improved charging infrastructure [6][8] - GM is investing in charging infrastructure through partnerships, including one with Pilot Flying J for charging stations along highways and a deal with Tesla for access to its Supercharger Network [8] - Current barriers to EV adoption include price and the insufficient number of chargers, with many EV owners still relying on gasoline vehicles for longer trips due to "charge anxiety" [7] Group 3: Autonomous Vehicles (AVs) Strategy - GM is shifting its focus from robotaxis to personal autonomy, prioritizing safety in its autonomous vehicle strategy [10] - The company has absorbed its Cruise robotaxi business and is now concentrating on enhancing its Super Cruise system, which allows for driver assistance [11] - Barra noted that 85% of drivers who have experienced Super Cruise would prefer it in their next vehicle, indicating strong consumer interest in advanced driver assistance technologies [11] Group 4: Talent Acquisition and Industry Competition - GM is actively recruiting top talent from technology companies to lead its EV transformation, recognizing the competitive and rapidly evolving nature of the industry [9] - Barra acknowledged the competitiveness of Chinese automakers, emphasizing the need for fair trade practices to ensure a level playing field [5][6]