June 18, 2026

This week's EV newsletter is packed with major developments across the electric mobility landscape, including:

• Rivian Announces Additional Workforce Reductions

• Lucid Cosmos Design Revealed

• Global EV Registrations Increase in May

• GM Advances Next-Generation Battery Strategy

• Tesla Cybercab Battery Specs Revealed

• Video: Renault Races ahead of competitors with Tri-Motor

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“The future of transportation is electric, and the pace of innovation we're seeing this week is just the beginning of a much larger transformation.”

–Anonymous Industry Executive

Top EV News Stories Powered by EV.Careers

1. Rivian is cutting several hundred positions, primarily within customer-facing teams, as it pushes toward profitability while simultaneously ramping production of the R2 SUV.

2. Patent filings have revealed the clearest look yet at Lucid's upcoming Cosmos crossover, a sub-$50,000 vehicle expected to compete directly with the Tesla Model Y and other mass-market EVs.

3. Global battery-electric and plug-in hybrid registrations rose 3% year-over-year in May, reaching roughly 1.8 million vehicles. Europe was the strongest growth driver, offsetting weakness in China.

4. General Motors continues shifting toward new battery chemistries and manufacturing technologies as part of a broader effort to lower costs and improve EV competitiveness. More than $56 billion in related projects are reportedly underway.

5. Regulatory filings reveal Tesla's upcoming Cybercab robotaxi will use a 48-kWh battery pack and a 219-horsepower powertrain, offering new insight into Tesla's autonomous mobility strategy.

6. Chinese EV manufacturer XPeng has started deliveries of its X9 electric MPV across seven European markets, further expanding competition for global EV makers.

7. Lucid customers continue urging the company to accelerate rollout of vehicle-to-home (V2H) capabilities, highlighting growing demand for bidirectional charging solutions.

8. BYD showcased automated charging technology that can connect and disconnect charging equipment without driver intervention, offering a glimpse into the future of EV charging convenience.

9. Early lease pricing for the R2 has generated debate among consumers and analysts following the expiration of federal EV tax incentives, highlighting affordability challenges across the industry.

10. Turkey has reportedly moved to end certain BYD tax incentives and warned of potential repayment requirements tied to delays in a planned $1 billion manufacturing project.

11. As federal EV tax credits disappear in the U.S., automakers are increasingly focusing on lower-cost models, battery innovation, and manufacturing efficiency to maintain growth. Rivian's R2 launch has become an early test case for this new environment.

Renault Races ahead of competitors with Tri-Motor

*If you’re using Outlook, click “Read Online” at the top to see the video links above.

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