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Rivian Gets $1B Volkswagen Loan, No Payments Until 2028

Rivian closed its $1 billion loan from Volkswagen today at a 6.03% rate fixed for 10 years, with no payment due until October 2028. The loan is backed only by… · Company News
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High Gas Prices

Trump Rolls Back CAFE Fuel Economy Standards as Gas Hits $4.47

The Trump administration finalized new CAFE standards that drop the 2031 fleet target to about 34.9 mpg, down from the 50.4 mpg the previous rules called for. It’s another hit to EV adoption, and it lands while gas prices sit more than a dollar higher than a year ago.

Comma AI

NHTSA Investigates Comma AI Openpilot After Fatal Crashes

NHTSA is investigating Comma AI’s aftermarket driver assistance devices after five crashes involving stopped vehicles left three people dead. Openpilot officially supports the Gen 1 R1S and R1T, so plenty of Rivian owners are running this hardware right now.