California-based EV startup Rivian Automotive sold more electric vans last year in the U.S. than Dearborn-based legacy automaker Ford Motor Co, according to recent data from automotive research firm Kelley Blue Book.
Rivian sold 13,423 electric vans in the US last year, up 67% from 2023. In comparison, Ford sold 12,610 E-Transit vans in the US in 2024. In the fourth quarter, Rivian outpaced Ford, with nearly 4,400 EDVs sold compared to 3,354 E-Transit sales.
Rivian Automotive deployed vehicles to support relief activities in Los Angeles battling wildfires. Tesla and Ford also contributed.
US electric car manufacturer Rivian produced a total of 49,476 vehicles in 2024 and delivered 51,579. The company has thus achieved its lowered annual forecast.
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Prom Resources (PRMO – Research
Ford Pro commercial motor and EV vehicles and service revenues rose 13% YoY to $15.7 billion, generating EBIT of $1.8 billion with a margin of 11.6%. Ford Pro Intelligence is the software platform powering Ford Pro's digital services. Its paid software subscriptions rose 30% YoY to around 630,000 users.
As you might expect, it enraged nearby dealers, who feared factory-owned stores would receive preferential treatment. In the end, Ford’s efforts failed, reinforcing a key car dealer argument that while automakers may be good manufacturers, they aren’t good service providers or retailers.
Despite Trump's frequent talk of overhauling policies that could throw auto industry for a loop, it's all still a guessing game what comes next.
Pyle ranks Tesla and Rivian among the top cars he wouldn ... So, they have to go to the dealer.” Since 2012, the Ford Fiesta has been the subject of numerous lawsuits because the car company knew about the Fiesta’s PowerShift transmission (dual ...
After he lost 42 of the 48 states in 1932, Herbert Hoover wrote: “Democracy is a harsh employer.” Sometimes appropriately so.
The Ford F-150 going electric is a big deal, not least because the regular one has been North America’s best-selling vehicle (not just truck) for 40 years straight. Since the Lightning, which borrows its name from high-performance,
Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that qualify for a tax credit in 2025