Marketplace is a public service newsroom powered by you. Give Now

Electric vehicle sales are strong, but EV startups are struggling

May 4, 2023
It's not easy to start a carmaker, especially with rivals like Tesla, GM, Ford and Toyota, which have market share and manufacturing experience.
A row of Rivian electric pickup trucks. The company's shares are trading at a small fraction of their peak value in late 2021.
Justin Sullivan/Getty Images

As electric pickup trucks come to market — slowly — lots of interest and long waits

Feb 9, 2022
“On the supply side, it's very clear that they were not planning for such a high demand,” one expert told us.
Demand for electric trucks, like Ford's F-150 Lightning, is far outpacing supply. Some 200,000 people have already put down deposits for the vehicle.
Jeff Kowalsky/AFP via Getty Images

Rivian nabs MotorTrend award in positive sign for electric truck segment

Dec 13, 2021
Electric vehicles have been known more for eco-consciousness and finesse than ruggedness and power.
The Rivian R1T, which won MotorTrend's 2022 truck of the year award, is seen on stage at the LA Auto Show on Nov. 17.
Frederic J. Brown /AFP via Getty Images