Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe has shared that the U.S. EV market is suffering from a lack of choice for consumers.Constraints At Supply Side, Says RJ ScaringeSpeaking at Fortune's Brainstorm AI event, the CEO shared that the market was grappling with supply-side issues, Business Insider reported on Tuesday. "I really think the constraint isn’t the demand side, I think it’s the supply side," Scaringe shared. He added that compared to markets like Europe and China, the U.S. EV sector ha ...

YouTuber Zack Nelson, aka JerryRigEverything, says he is "disappointed" with Rivian Automotive Inc. (NASDAQ:RIVN) for not letting owners carry out basic repairs.Check out the current price of RIVN here.Rivian Won't Let Me Replace Battery, Says NelsonTaking to the social media platform X on Wednesday, Nelson expressed his frustrations with the automaker's repair policy. "My 12v batteries died after 3.5 years. Which is fine," Nelson said, adding that the phenomenon is common and easy to fix."However – Rivian ...

Core Insights - Lucid Group Inc. reported record production and delivery figures for Q3, with 4,078 units delivered and over 3,891 units produced, alongside an additional 1,000 units built for the Saudi Arabian market [2][4] - Year-to-date figures show a total of 9,966 units produced and 10,496 units delivered [3] - The company experienced a 23% quarter-over-quarter and 46% year-over-year growth in deliveries, indicating strong brand strength despite facing supply constraints [4] Production and Delivery Figures - In Q3, Lucid delivered 4,078 units and produced over 3,891 units [2] - Year-to-date production and delivery figures stand at 9,966 and 10,496 units, respectively [3] Challenges and Adjustments - The company has faced supply constraints, including shortages of magnets, which may impact its ability to meet production targets [4] - Lucid has revised its production guidance for 2025 to a range of 18,000 to 20,000 vehicles, down from a previous target of 20,000 [4] Strategic Partnerships - Lucid signed a multi-million dollar deal with Uber Technologies Inc. to deploy over 20,000 Lucid Robotaxis across multiple U.S. cities over six years [5] Industry Context - Rivian Automotive Inc. plans to deliver its anticipated R2 crossover SUV by August 2026 [6] - Tesla is preparing to launch an affordable trim of the Model Y SUV, with an event scheduled for October 7 [6]