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Lucid announced a new version of the Air luxury sedan that starts below $80,000, in a bid to boost sluggish demand for the well-regarded, but costly EV.
4 months ago
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Rivian plans to offer $1.5 billion worth of senior, unsecured “green” convertible notes due in 2030.
4 months ago
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CFO Rex Jackson said in a statement that the new funds, together with a recently secured credit line, will support the company into early 2025.
3 months ago
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The union initiated a surprise strike of 8,700 workers at Ford Motor’s Kentucky Truck Plant, the most crucial plant affected by the disruptions so far.
3 months ago
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Lucid’s third-quarter deliveries fell short of Wall Street expectations
3 months ago
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GM CEO Mary Barra shared more details about the company’s plan to overhaul, rather than discontinue, the affordable Chevrolet Bolt EV.
3 months ago
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Nikola disclosed on Tuesday that an arbitration panel has awarded it $165 million in damages from its disgraced founder and former CEO Trevor Milton.
3 months ago
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Ford said customers in North America are unwilling to pay a premium for an EV.
3 months ago
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Nissan chief Makoto Uchida said it’s important for EV makers to tailor their approach to specific markets.
3 months ago
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Polestar said it is targeting a gross profit margin in the high teens, and deliveries of 155,000 to 165,000 vehicles, in 2025.
3 months ago
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Electric vehicle startup Fisker on Monday reported a third-quarter loss that was wider than Wall Street expected.
2 months ago
