From Investing.com: 2025-05-06 19:41:00

Electric vehicle manufacturers Rivian and Lucid are facing rising costs due to tariffs, impacting their bottom line. The companies are struggling to keep prices competitive as tariffs eat into their profit margins. This comes at a time when demand for EVs is increasing, putting pressure on manufacturers to find ways to absorb the additional costs.



Read more at Investing.com: EV makers Rivian, Lucid flag increasing costs as tariffs bite