Tesla Cybertruck Buzz Gets Louder, Rivian Jumps On NACS Bandwagon But Lucid Holds Off, Nikola's Fire Mishap, And More: Biggest EV Stories Of The Week

The electric vehicle market is heating up with some big headlines this week. Tesla’s Cybertruck has been in the news for a while, but this week things got even louder with Elon Musk teasing a possible release date. Rivian, the startup backed by Amazon and Ford, announced they will debut their electric delivery vans at the National Association of Convenience Stores (NACS) annual trade show. On the other hand, Lucid has held off on announcing a release date for their Lucid Air sedan despite many people waiting to get their hands on one.

But it’s not all good news this week. Nikola, the company that has been embroiled in numerous controversies, had a fire break out in one of their prototype vehicles during testing. Thankfully, no one was hurt, but it’s another setback for the beleaguered EV startup.

This week’s news shows just how vibrant and competitive the EV market has become. Consumers have more options than ever when it comes to electric cars, and startups and established automakers alike are trying to carve out their niche in the market. As the world looks to reduce its carbon footprint, the growth of the EV market will only accelerate.