Rivian drops nearly 15% after launching $1.5 billion share sale
What's new: The EV maker tied the raise to a U.S. Energy Department loan deal as it ramps spending on autonomy and its R2 SUV.
Subject
#Electric Vehicles
Singapore Cat A COE tops Cat B again as most premiums fall
What's new: Category A closed at S$123,847 and beat Category B for the third time in 2026, while open-category COEs edged up to S$129,002.
Europe’s top carmakers push EU for 70% local-content rule
Why it matters: Volkswagen, Stellantis and Renault want incentives tied to regional production as EV demand stays weak and imports take 26% of the market.
Einride jumps as much as 90% in Nasdaq debut after SPAC deal
What's new: Nasdaq briefly halted trading, and the listing brought in more than $200 million in gross proceeds.
China draws 1 million barrels a day from oil stocks after Gulf shock
Why it matters: Lower refinery runs and reserve releases have helped keep Brent from surging despite the Strait of Hormuz disruption.
Singapore Category A car permit price jumps to S$126,009
What's new: Commercial vehicle permits hit a record S$94,000, while the gap between Category A and B narrowed to just S$980.
Channel News Asia, Must Share News (MS News)