The prices for used electric vehicles have risen this year, which is unusual, experts said. Affordability and high gas prices help explain why, they said.
Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.
Ferrari is pleased with the launch of the Luce all-electric vehicle despite significant criticism upon the car's spring debut, according to CEO Benedetto Vigna.