A compact crossover SUV from Ford, European-focused since 2008
Rivian has launched the R2, a mid-market electric SUV, signaling a strategic shift from its high-price lineup. Analysts say the move could broaden EV adoption and pressure rivals, as markets respond to strong electrified sales and growing competition.
The Senate Commerce Committee has advanced a bipartisan bill to ban Chinese-owned vehicles from the U.S. market, with concerns it could affect Mercedes-Benz and other brands. The measure imposes a 15% ownership threshold and envisions waivers and compliance timelines as automakers face global competition and national security scrutiny.
Ford and Geely have unveiled a 66/34 joint venture to manufacture vehicles in Valencia, Spain, targeting five models and beginning production in 2028. The deal, awaiting regulatory approvals, seeks to reset Europe’s cost benchmarks amid intensifying global competition and tariff-driven tensions affecting U.S. policy and EV strategies.