Focus: UPS, FedEx transition to electric vans slowed by battery shortages, low supply [Reuters]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Reuters
replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President 's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down. Report this ad "The question is how many of those (companies) will be here in five years, 10 years?" Luke Wake, UPS's vice president of fleet maintenance and engineering, told Reuters. In a double whammy, UPS and FedEx are also losing access to California vouchers that help defray EV prices that can be about two times higher than traditional delivery trucks. UPS and FedEx obtained some relief from EV supply constraints when trend-setting California, the epicenter of electrification, put on hold a rule that would have required them to purchase electric delivery veh
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RIVN
News
- Contact Levi & Korsinsky by June 18, 2024 Deadline to Join Class Action Against Rivian Automotive, Inc.(RIVN)Accesswire
- Class Action Filed Against Rivian Automotive, Inc. (RIVN) - June 18, 2024 Deadline to Join - Contact Levi & KorsinskyAccesswire
- SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of RivianPR Newswire
- Contact Levi & Korsinsky by June 18, 2024 Deadline to Join Class Action Against Rivian Automotive, Inc.(RIVN)Accesswire
- Levi & Korsinsky Notifies Shareholders of Rivian Automotive, Inc.(RIVN) of a Class Action Lawsuit and an Upcoming DeadlineAccesswire
RIVN
Earnings
- 2/21/24 - Beat
RIVN
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- RIVN's page on the SEC website