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Rivian reaffirms ~25K production goal for 2022, reports solid demand despite price increase

Teslarati

Rivian stated that it would continue to experience negative gross profit related to labor and overhead costs but expects it to improve once it ramps to higher production volumes. Rivian links supply chain woes to ongoing Ukraine-Russian war. The company believes supply chain constraints will be a limiting factor to its production.

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Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

Green Car Congress

Despite the challenging sales environment, our results are in-line with the market evolution. As we approach our global 5-million full hybrid sales milestone, the strong sales performance of our hybrid products in Europe is particularly encouraging. Both models performed strongly across markets in Europe.

Toyota 311
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. And this, given the Soviet experience in Afghanistan and Putin’s experience in eastern Ukraine, is far from certain. Dalan McEndree has a BA in history, MA in European History, M.Phil.

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Volkswagen Group delivered 572,100 BEVs worldwide in 2022, up 26% y-o-y, 6.9% of total

Green Car Congress

Despite supply constraints and temporary production stops, the Volkswagen Group handed over 572,100 all-electric vehicles to customers around the globe in 2022—up 26% compared to 2021. The high order bank is a clear proof that customers love our entire strong product portfolio. a year earlier and 2.5% to 631,100 units.

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