Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.
President Trump's import tariffs, and moves to dampen electric vehicle sales and production has the auto industry in a state of uncertainty.
Plus, Kia is working to make its dealerships much nicer, while car dealers vow to fight the direct sales model.
Washington, D.C., January 21, 2025 President Donald Trump has once again announced that the United States will withdraw from the Paris Climate Agreement, marking a contentious start to his second term in office.
Rivian CEO RJ Scaringe told Business Insider that Biden-era EV incentives were a "tailwind" but that the business would be fine without them.
Experts say Trump's moves to step away from global climate action, ramp up domestic oil and gas production and remove incentives for electric vehicles are worrisome. The planet continues to heat up; 2024 was Earth's hottest year on record,
Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden's landmark 2022 climate law.
Gabe Klein spent two years atop the first-of-its-kind office, helping allocate billions of federal EV dollars that President Donald Trump wants to claw
President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that have benefited Tesla — the latest
Executive orders are expected shortly that would unravel stricter emissions rules from the Biden administration.
U.S. President Donald Trump put the future of the EV tax credit and charging station funding in question with his Unleashing American Energy executive order.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.