Ford Sell Majority Stake (shares) in the EV Rivian: SEC confirm

There has been a consistent decline in Rivian’s shares since May last year and are now at 1.15%, or 10.5 million shares, reports TechCrunch.

The international report suggested the announcement come a few days later after Ford disclosed a $7.3 Billion Write-down on its Rivian Investment last year 2022.

the backed year 2019, on 24 Apr Ford announced to invest approx $500 million in the Electric pickup truck Rivian and the automaker would use the pickup platform in order to build all-electric vehicles.

Rivian American electric vehicle manufacturer confirm today that its first electric bicycle is under development in-house

2nd BYD Showroom Opened in Calicut, Kerala RUN By EVM Southcoast is located in Kozhikode’s mini bypass road

ABB E-mobility delivers 1 Millionth EV charger, signed an agreement with 4 minority investors

Tata Power has begun a nationwide plan to set up 25,000 EV charging points over the next 5 years, this plan includes 3,600 public or semi-public chargers and 23,500 Home or residential chargers

invest €25Million, Okinawa E2W open First R&D center in Italy

6 EV launch in India by Suzuki by FY2030

Tata Motor Is To Operate 1500 Electric Buses In Delhi, 730 E-Buses Running On Indian Roads