Business & Innovation Archive
Business & InnovationSaturday 27 June 2026

The race for electric vehicles is reaching a critical turning point—and traditional carmakers that don't commit fully to the shift risk being left in the dust, according to RJ Scaringe, CEO of Amazon-backed Rivian.

Scaringe warns that companies focused on selling fossil fuel engines face a "fork in the road" moment. Without serious investment in EV technology now, they could find themselves "woefully behind" on innovation by the end of the decade. His message underscores a broader transformation sweeping the automotive industry as competition intensifies and consumer demand for cleaner vehicles grows. Read the full story →

Today's takeaway: The EV revolution isn't coming—it's already here, and waiting too long to adapt could cost legacy automakers their future.

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