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Rivian reiterates production forecast as EV maker rushes to boost output

Rivian Automotive Inc maintained its annual forecast on Monday as the electric-vehicle maker scrambles to lift output in an industry under pressure from an uncertain economy and a price war started by Tesla Inc. Shares of Rivian, whose backers include Amazon.com Inc, fell 2.4% in a broad decline for EV stocks that saw Tesla fall 6.3% after its own production report. Rivian made 9,395 vehicles in the first quarter ended March, a drop of more than 6% from the previous three months. Deliveries also dipped over 1% from the…

Netflix to feature electric cars from GM and others in programming

Netflix Inc has unveiled a new star for some of its upcoming programming: electric vehicles from General Motors and other automakers. The streaming service announced an agreement on Thursday to feature vehicles including the Chevrolet Bolt, the electric GMC Hummer pickup and the Cadillac Lyriq in TV series and films "where relevant." The companies will highlight the partnership in a commercial featuring Will Ferrell that will air during the February 12 Super Bowl. Netflix and GM called the agreement "part of a commitment…

Ford CEO dares Tesla CEO Elon Musk

Drawing a comparison between Tesla's long-delayed Cybertruck and Ford's plug-in pick up -- F-150 Lightning, Ford CEO Jim Farley took a dig at tech billionaire Elon Musk while announcing a major investment in a solar energy.According to The Verge, Farley spoke at a Ford plant in Michigan to announce a deal with DTE Energy that both companies billed as the "largest renewable energy purchase from a utility in US history".But after touting the company's move to more sustainable sources, he made a quick jab at his main rival…