Rivian Raises 2026 Delivery Forecast to 70,000 as R2 Demand Beats Expectations, Stock Jumps 8%
Rivian raised its 2026 delivery target to 70,000 vehicles after Q2 beat guidance with 12,194 deliveries. Stock jumped 8% as Tesla fell 7.5%.
Porsche Pauses All-Electric 718 Development, Will Keep Flat-Six Engine Through 2030s
Porsche halts electric 718 development, extending flat-six engine production through the 2030s amid weak EV demand and enthusiast pushback.
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Nissan and Honda Confirm Merger Talks—Third Largest Automaker Could Emerge by 2026
Nissan and Honda confirm merger talks that could create the world’s third-largest automaker. What it means for EV competition and consumers.
July 11, 2026