Transportation

Rivian changing battery cells to LFP, following Tesla, and high-nickel

R.J. Scaringe, Rivian's CEO, introduces the world to his company's R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018.Mike Blake | ReutersElectric vehicle maker Rivian plans to use...

Rivian (RIVN) earnings Q4 2021

Rivian signage at the Nasdaq on their IPO day, November 10, 2021 in New York.Source: RivianShares of Rivian Automotive tumbled in after-hours trading Thursday after the company missed Wall Street's fourth-quarter earnings expectations and forecast a modest increase in...

U.S. extends airplane mask mandate through April 18

A sign reads "Wear A Mask" at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021.Elijah Nouvelage | Bloomberg | Getty ImagesThe Transportation Security Administration is extending a federal requirement that travelers wear...

There’s ‘nowhere to hide’ for consumers as inflation hits food, gas, housing

David Sacks | Getty ImagesConsumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making it hard to escape the budgetary sting.The...

BMW says 2021 profit surged as it favored higher-margin vehicles during chip shortage

Spencer Platt | Getty Images News | Getty ImagesGerman automaker BMW AG said Thursday its revenue and net profit hit all-time highs in 2021, despite increased spending on research and development related to electric vehicles.In a preview of results...

Hypersonic aircraft start-up Hermeus raises $100 million

The company test firing the Quarterhorse aircraft's engine at an unveiling event in 2021.HermeusHypersonic aircraft startup Hermeus on Thursday announced a $100 million round of funding that it says will help complete development of its first prototype aircraft and...

Here’s what investors should look for

A Rivian R1T electric pickup truck during the company's IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021.Bing Guan | Bloomberg | Getty ImagesRivian Automotive's electric pickups and SUVs are built to handle rough terrain,...

Nio completes Hong Kong stock debut without raising new capital

Nio's et5 electric sedan is set to begin deliveries in Sept. 2022.NioShares of Chinese electric-vehicle maker Nio began trading on Hong Kong's exchange on Thursday, after the company chose a shortcut path to listing that didn't involve raising new...

Xpeng P5 electric car pre-orders begin in Europe

Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng's third production model and features so-called Lidar technology.Arjun Kharpal | CNBCXpeng has started taking pre-orders on its mass market...

Gas prices are spiking — don’t expect sales of electric vehicles to follow

High gas prices are displayed at a Shell station on March 7, 2022 in Los Angeles, California.Mario Tama | Getty Images News | Getty ImagesConsumers hoping to switch to an all-electric or more fuel-efficient vehicle, while Russia's invasion of...
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The Fall of the ‘Sun King’ of French TV, and the Myth of Seduction

Patrick Poivre d’Arvor, known as a great seducer, has been accused by more than 20 women of rape, sexual assault and harassment in France’s belated #MeToo reckoning.
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