Rivian Loses Billions in Market Cap; Tesla Steps Up Recycling – Autoline Daily 3321

Autoline provides daily global automotive news. Top auto executive interviews. Automotive insight & analysis. EV, AV & ICE technology, car sales & financial earnings, new car reviews.


0:08 Chinese Car Market Takes A (Covid) Bath
0:54 Rivian Loses $100 Billion In Market Cap
1:42 Foreign EVs Crack South Koreaā€™s Protected Market
2:35 Tesla Takes Big Steps Forward in Recycling
4:17 Geely Buys Part of Renault-Korea
5:15 Bollinger & Roush Team Up for Production
5:56 Hyundai Deploys 30 Hydrogen Semis in California
6:34 Bentley Bentayga Believes Bigger Is Better
7:54 First Look: Sierra Denali Ultimate & AT4X

Story Links:
– China Car Sales: https://www.marketwatch.com/story/china-s-car-sales-plunge-35-5-amid-covid-lockdowns-271652170829

– Ford to Sell Rivian Stock: https://techcrunch.com/2022/05/09/rivian-shares-down-more-than-17-following-report-of-ford-sell-off/

– EVs Find Success in South Korea: https://www.bloomberg.com/news/articles/2022-05-09/tesla-polestar-could-crack-tough-south-korean-auto-market

– Tesla Steps Up Recycling: https://electrek.co/2022/05/09/tesla-increase-battery-recycling-capacity-battery-packs/

– Geely Buys Stake in Renault Korea: https://en.media.renaultgroup.com/news/geely-automobile-holdings-to-acquire-34-02-of-the-shares-of-renault-korea-motors-cf0b-989c5.html

– Bollinger & Roush Team on Production: https://bollingermotors.com/wp-content/uploads/2022/05/Roush-Press-Release-5-9-22.pdf

– Hyundai Depolys Fuel Cell Semi in U.S.: https://www.hyundainews.com/en-us/releases/3563

– Bentayga Gets Long-Wheelbase Model: https://www.bentleymedia.com/en/newsitem/1326-long-awaited-the-bentayga-extended-wheelbase

– GMC Sierra Denali Ultimate & AT4X: https://media.gmc.com/media/us/en/gmc/vehicles/sierra/2022.html

– To read the transcript for today’s show click here: http://www.autoline.tv/daily/?p=81622#more-81622

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