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Rivian (RIVN) has reportedly agreed to a “secret” deal with the UAW as it works toward its next growth phase. The new agreement is contingent on the EV maker reaching profitability. Here’s what you need to know.

What the private UAW deal means for Rivian

Under the confidential deal, Rivian would opt for a neutral stance on unionizing efforts at its Normal, Illinois, manufacturing plant.

According to sources close to the matter (via Bloomberg), the deal is based on Rivian hitting specific targets, including reaching profitability. The private agreement could pave the way for the UAW to unionize workers in Normal.

Rivian has yet to post a quarterly profit on an adjusted basis. The EV maker posted a net loss of $1.1 billion in the third quarter, down from the $1.34 billion loss in Q3 2023. CFO Claire McDonough reiterated that Rivian is still on track to reach a positive gross profit in the fourth quarter.

CEO RJ Scaringe said the company is seeing “meaningful progress” on reducing costs after shutting down its Normal plant in April for upgrades.

Q3 ’22 Q4 ’22 Q1 ’23 Q2 ’23 Q3 ’23 Q4 ’23 Q1 ’24 Q2 ’24 Q3 ’24
Rivian loss per vehicle $139,277 $124,162 $67,329 $32,594 $30,500 $43,372 $38,784 $32,705 $39,130
Rivian loss per vehicle by quarter

The secret UAW deal also reportedly helped Rivian secure its recent $6.6 billion conditional loan from the US Department of Energy. The loan will help fund Rivian’s new manufacturing plant in Georgia, where it will build its more affordable R2. However, the loan is also based on the EV maker reaching certain financial metrics and other requirements.

Rivian-UAW-deal
Production at Rivian’s Normal, IL plant (Source: Rivian)

Ramping EV production

Rivian builds its current R1S SUV and R1T electric pickup in Normal with plans to begin R2 production in 2026. Although the smaller, more affordable EV will initially be built in IL, Rivian plans to significantly expand output with the new plant in GA.

Rivian-R2-R3-R3X
Rivian’s next-gen R2, R3, and R3X (Source: Rivian)

The EV maker expects to build between 47,000 and 49,000 vehicles this year. After upgrading the facility earlier this year, Rivian said it can build up to 150,000 EVs a year in Normal.

When R2 launches in 2026, Rivian expects annual production capacity to be around 215,000, 155,000 of which will be the R2. After its GA plant opens, Rivian expects to add another 400,000 to that number.

According to Bloomberg, Rivian has been “a longtime target for the UAW.” If the deal goes through, workers in Normal would have more say over matters such as pay and working conditions.

Rivian-UAW-deal
Rivian production plans (Source: Rivian)

The UAW targetting Rivian is part of its broader plans to unionize the EV industry. As more details unfold, the deal could mark a significant step in its efforts, potentially setting Rivian apart from rivals like Tesla.

Last month, Rivian and Volkswagen officially launched their new joint venture, “Rivian and VW Group Technology, LLC.” The partnership will use Rivian’s expertise to develop a next-gen EV architecture and “best-in-class software” for both companies’ future EV models.

Rivian-RIVN-stock-UAW-deal
Rivian (RIVN) stock chart in 2024 (Source: TradingView)

Scaringe said the collaboration is a “landmark development for the industry.” Volkswagen plans to invest up to $5.8 billion in Rivian and the new JV, which Scaringe calls “a meaningful financial opportunity.”

Rivian’s stock is up around 33% since reporting Q3 earnings on November 7, but share prices are still down 37% in 2024.

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Podcast: Tesla self-driving computer failure, Cybertruck issues, Honda/Nissan merger, and more

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December 20, 2024

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Podcast: Tesla self-driving computer failure, Cybertruck issues, Honda/Nissan merger, and more

electrek podcast

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla’s issues self-driving computer failure, Cybertruck is also having some problem, Honda/Nissan merger, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):

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Subaru’s Solterra electric SUV is getting much cheaper for 2025

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December 20, 2024

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Subaru's Solterra electric SUV is getting much cheaper for 2025

Subaru-Solterra-2025-price

Subaru’s electric SUV is significantly cheaper for the 2025 model year. Starting at under $39,000, the 2025 Subaru Solterra is up to $7,000 less than the 2024 model.

Subaru reveals 2025 Solterra price and range

Subaru announced prices for the new 2025 Solterra electric SUV start at just $38,495. That’s a massive $6,500 price cut from the 2024 model year.

The 2025 model is available in the same Premium, Limited, and Touring trims. However, Subaru added a new blacked-out Touring Onyx Edition.

Starting at $45,495, the new Touring Onyx trim gains 10″ aluminum-alloy gloss black wheels, black exterior and interior design elements, and new black badging. Other trims, including the 2025 Subaru Solterra Touring, are much lower priced.

The Limited trim now starts at $41,995, which is $6,500 less than the outgoing model, while the Touring model gets a $7,000 price cut, starting at just $44,995.

All Solterra models feature Subaru’s Symmetrical AWD system for added traction and control. With Dual-Function X-Mode, you can select between Snow/Dirt and Snow/Mud modes for even more traction off-road with features like Grip Control and Downhill Assist.

Subaru-Solterra-2025-price
2025 Subaru Solterra (Source: Subaru)

The electric SUV also features “best-in-class” 8.3″ of ground clearance. For on-road performance, Active Cornering Assist and Vehicle Stability Control are standard.

Inside, the Solterra includes a 12.3″ infotainment screen with wireless Apple CarPlay and Android Auto support. Higher trim options include a wireless phone charger.

Subaru-Solterra-2025-interior
2025 Subaru Solterra interior (Source: Subaru)

The powertrain remains unchanged for 2025, with a 72.8 kWh battery providing 227 miles range for the base Premium Solterra. Meanwhile, the Limited, Touring, and new Touring Onyx trims have an EPA-estimated range of 222 miles.

2025 Subaru Solterra trim Starting Price (MSRP) MSRP plus Destination
and Delivery ($1,420)*		 Driving Range
(EPA-est miles)
Solterra Premium $38,495 $39,915 227
Solterra Limited $41,995 $43,415 222
Solterra Touring $44,995 $46,415 222
Solterra Touring Onyx Edition $45,495 $46,915 222
2025 Subaru Solterra prices by trim (*Destination & Delivery is $1,420 for Solterra and may vary in the following states: CT, HI, MA, ME, NH, NJ, NY, RI, and VT. D&D is $1,570 for retailers in Alaska)

Subaru’s new blacked-out Onyx edition follows Toyota’s, which added a stealthy new “Nightshade” trim. Toyota also lowered 2025 bZ4X prices by $6,000.

With the 2025 models arriving, Subaru is offering close-out prices on 2024 models, with leases starting as low as $279 per month. Ready to try it out for yourself? You can use our link to view Subaru Solterra models at a dealer near you today.

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Velotric Go 1 Utility e-bike hits new $999 low in flash sale, Rad Power’s final phase of e-bike sales, Gotrax EVs, Greenworks, more

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December 20, 2024

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Velotric Go 1 Utility e-bike hits new 9 low in flash sale, Rad Power's final phase of e-bike sales, Gotrax EVs, Greenworks, more

Closing out this week’s Green Deals, we have a surprise flash sale through the weekend from Velotric on its Go 1 Utility e-bike that is now at a new $999 low, among the ongoing holiday sale offers on its other e-bikes. For short-distance commuters, we spotted the newer Gotrax GXL V2 Electric Scooter hitting a new $244 low alongside various other EVs from the brand at discounted rates. We then have Rad Power’s final phase of Christmas deals through the rest of the year, with the RadExpand 5 Folding e-bike remaining at $1,299 while all of the brand’s newest models are getting free gear promotions. Lastly, we have a one-day only sale on the Greenworks 80V 20-inch Cordless Snow Blower kit for $300 until tonight. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s NIU e-scooter Christmas sale offers, the collection of Rexing EV charger adapters, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Velotric offers $700 price cut on its jack-of-all-trades Go 1 Utility e-bike at new $999 low through the weekend

Velotric is having a holiday flash sale that is running alongside its ongoing December holiday sale through December 22, giving you increased savings on its Go 1 Utility e-bike at $999 shipped. This model usually cruises into view with a $1,699 price tag after falling from its original $1,799 MSRP earlier in the year, with most sales usually taking things to $1,299 (including for Black Friday/Cyber Monday), though we did spy it once at $1,249 at the end of summer. Today, you’re looking at a bigger markdown than ever before, as $700 is struck from the costs to give you a new all-time low.

Velotric’s Go 1 e-bike is a well-rounded, jack-of-all-trades model that is built keeping versatile utility in mind, making it a great option for folks who want more than just a commuter – especially at this new low price. It provides a 55-mile travel range on a single charge of its 692Wh battery and sports a 440-pound total payload capacity, carrying larger/heavier riders or plenty of cargo. The 500W hub motor (900W peak) tops out normally at 20 MPH speeds, but you can unlock higher speeds up to 25 MPH.

Riders will be supported by five levels of pedal assistance alongside some solid features to heighten the riding experience, headlined by the Apple Find My inclusion that comes alongside the smartphone app integration. There’s also the hydraulic suspension (with lock-out), hydraulic disc brakes, puncture-resistant tires, a 7-speed Shimano derailleur, the integrated LED headlight, a rear rack with an integrated taillight that delivers brake lighting, a removable thumb throttle, and a 3.5-inch LCD display that sports a USB port to charge your devices on the go.

To check out the full lineup of Velotric’s current Holiday e-bike deals, head to our original coverage here.

Gotrax GXL V2 electric scooter

Gotrax’s GXL V2 electric scooter helps with short-distance commutes at new $244 low

Amazon is offering the Gotrax GXL V2 Electric Scooter for $244 shipped. Normally going for $350 since hitting the market back in September, we’ve only seen one previous discount back during Black Friday and Cyber Monday that took costs down to $280. That rate is beaten out here today as it’s getting 30% slashed off its usual going rate, saving you $106 and marking a new all-time low. You’ll also find it matching in price directly from Gotrax.

The Gotrax GXL V2 electric scooter makes a great short-distance commuter for college students on a budget or even as a first-time ride for teens or kids – plus, at the time of writing this, it can make it to you ahead of Christmas. Coming equipped with a 250W motor (peaking at 400W), this budget-friendly model can hit top speeds of 15.5 MPH with its 187.2Wh battery providing a humble 9 miles of travel on a single charge – plenty of juice to cruise around campus or allow your kids mobility around the neighborhood. It comes stocked with 8.5-inch pneumatic air-filled tires to help absorb road shocks as you ride, with the whole thing only weighing in at 26 pounds. Of course, as is the case with most e-scooters, it can fold to conserve space when not in use.

Other Gotrax Amazon e-scooter discounts:

Gotrax Amazon e-bike discounts:

Velotric Go 1 e-bike

Rad Power’s final phase of Christmas savings keeps RadExpand 5 e-bike at $1,299 while adding new models

Rad Power has switched into the final phase of its Christmas sales through January 2 with up to $300 discounts on two e-bikes along with some additional free gear promotions for its newest lineup of models. Leading the group with the biggest savings for the rest of the year is the RadExpand 5 Folding e-bike which has remained at $1,299 shipped. Carrying a full price of $1,599 outside of these sales, we’ve been regularly seeing it drop to $1,299 when getting discounts, with a few others bringing things lower to $1,249, and one sale in October hitting the $1,199 low. You’ll be saving $300 here today at the third-lowest price we have tracked.

The RadExpand 5 is Rad Power’s most popular storage-saving commuter solution that comes with a folding frame to condense its size to a more manageable one to better fit in tighter spaces, closets, car trunks, RVs, and more. It provides you with a 20 MPH top speed with up to 45+ miles of travel courtesy of the pairing between the 750W brushless geared hub motor and a 672Wh battery. There are four low-profile cadence-sensing PAS levels here that help you get the most out of its mileage, or you can use the throttle for all-electric riding at a decreased range.

Among its additional features, you’ll have a 7-speed MicroShift derailleur, a standard LED headlight alongside an integrated taillight that offers brake light functionality, both of which automatically activate when daylight drops low enough. You’ll also get some cargo-hauling support from the integrated rear rack with a 55-pound limit, as well as fenders to go over both wheels, a water-resistant wiring harness, and an LED display.

More Rad Power Christmas sale final phase e-bike discounts:

  • RadRunner 2 Utility e-bike: $1,399 (Reg. $1,499)
    • 20 MPH for up to 45+ miles
    • Plus free accessory under $200
    • add both to cart for automatic discount

Rad Power Christmas sale final phase new e-bike deals:

  • RadKick 7-Speed Lightweight e-bike: $1,399
    • 20 MPH for up to 35+ miles
    • Comes with free accessory under $200
  • RadKick Belt Drive Lightweight e-bike: $1,599
    • 20 MPH for up to 35+ miles
    • Comes with free accessory under $200
  • RadExpand 5 Plus Folding e-bike: $1,899
    • 20 MPH for up to 65+ miles
    • Comes with free accessory under $200
  • Radster Road Commuter e-bike: $2,199
    • 28 MPH for up to 65+ miles
    • Plus free accessory under $200
  • Radster Trail Off-Road e-bike: $2,199
    • 28 MPH for up to 65+ miles
    • Plus free accessory under $200
  • RadWagon 5 Cargo e-bike: $2,399
    • 28 MPH for up to 60+ miles
    • Plus free accessory under $200
Greenworks 80V 20-inch snow blower

For today only add Greenworks’ 80V 20-inch cordless electric snow blower to your winter arsenal at $300

As part of its 25 Days of Deals, Best Buy is offering folks in snow-falling areas an affordable chance to score the Greenworks 80V 20-inch Cordless Snow Blower with a 4.0Ah Battery for $299.99 shipped. Normally sitting at $450 most of the time, this particular package with the 4.0Ah battery hasn’t seen much by way of discounts, with the biggest of them dropping costs to this same rate last month in a similar one-day sale. You can add it to your winter arsenal today with a 33% markdown that strikes $150 off the tag, returning it to the second-lowest rate we have seen – just $1 above the all-time low from 2023.

At the moment you’d be hard pressed to find this same combo elsewhere at such a low rate, as Greenworks is offering the snow blower alone at $400, with prices increasing for either a 2.0Ah or 5.0Ah battery, while Amazon only has it with a 2.0Ah battery for $375 or the upgraded 22-inch model for $560.

If you scoop up this snow-blowing package from Greenworks today, you’ll have everything you need to clear out a 4-car driveway on a single 40-minute charge (the battery comes with a rapid charger FYI). It clears a 20-inch wide path with a depth of up to 10 inches and sports a 180-degree rotating chute that throws the conquered snow up to 20 feet out of your pathways. Don’t worry about heavier snow or ice, as its auger-assist system combats it quite well, as long as you don’t let it get packed down too tightly. Its also been crowned with LED headlights for better visibility in darker hours, alongside a foldable design for easier times storing and transporting it.

Best ongoing holiday e-bike deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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