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Electric vehicle sales are strong, but EV startups are struggling

May 4, 2023
It's not easy to start a carmaker, especially with rivals like Tesla, GM, Ford and Toyota, which have market share and manufacturing experience.
A row of Rivian electric pickup trucks. The company's shares are trading at a small fraction of their peak value in late 2021.
Justin Sullivan/Getty Images

Ford invests $500 million in Rivian EV pickup truck

Apr 24, 2019
Will battery charge pose a challenge?
Rivian Unveils First-Ever Electric Adventure Vehicle Before Its Official Reveal At The LA Auto Show at Griffith Observatory on November 26, 2018 in Los Angeles, California.
Phillip Faraone/Getty Images for Rivian