Despite rapid revenue growth from $1.6B in 2022 to $4.4B in 2023, Rivian hasn't achieved gross profit and faces cash burn.
The suit, which was filed by nearly two dozen Audi and VW dealers, asserts that Scout’s plan to sell its vehicles in Florida ...
On Wednesday, VW confirmed plans for an entry-level, fully electric small car starting at less than $21,000 (around 20,000 ...
The lawsuit is believed to be the first formal legal challenge on behalf of VW and Audi dealers over Scout Motors' ...
Tesla, Lucid, Rivian, VinFast and now Scout Motors have all, in their own way, changed the game in how cars are being ...
A group of Florida Volkswagen and Audi dealerships filed a lawsuit against Scout Motors over its direct-to-consumer retail ...
Volkswagen presents a plan for the future with which the Group intends to return to its former successes. Small electric cars ...
Speaking to AN, John Forehand, one of the lawyers representing the dealers, said VW Group owns more than 30 ... Manufacturers such as Tesla, Rivian, and Lucid who use similar direct-sales models ...
With its Shark pickup truck, BYD (BYDDF) has overtaken Tesla Inc. (NASDAQ: TSLA) as the biggest EV manufacturer worldwide.