Hot Wheels has joined hands with Formula 1 to launch a special edition 1:64 scale die-cast F1 car. Priced at $25, this limited-edition model comes equipped with three sets of interchangeable ...
which had essentially proven that pure-play EV manufacturers could operate profitably at scale. Traditional automakers like Ford, General Motors and Stellantis seemed relatively late to the party, ...
That said, Rivian doesn't plan to take these challenges lying down. CEO R.J. Scaringe believes he can lead his company to a modest gross profit by the fourth quarter of 2024 by reducing materials ...