rival

Rivian Shares Plunge Nearly 15% In Two Days After Amazon Signs Deal With Rival

Rivian Shares Plunge Nearly 15% In Two Days After Amazon Signs Deal With Rival

Topline Shares of electric vehicle startup Rivian have fallen by around 15% in the last two days, hitting a new low after Amazon signed a deal to buy electric vans from rival automaker Stellantis and as investors continue to rotate out of high-growth stocks amid rising interest rates. The electric vehicle maker briefly dipped below …

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New Nio ET5 is Tesla Model 3 rival with up to 620 miles of range

New Nio ET5 is Tesla Model 3 rival with up to 620 miles of range

The minimalist cabin is similarly modelled on the ET7, sharing that car’s largely featureless dashboard, vertically oriented infotainment touchscreen, digital gauge cluster and panoramic roof. Highlights include a sustainable ‘Clean+’ upholstery material which is claimed to improve the interior’s acoustics, ‘invisible’ air vents, a 256-colour ambient lighting system and a standard-fit Dolby Atmos sound system. …

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