News, deep dives, and analysis — every California story, newest first.
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among the “Magnificent Seven” tech companies or becomes just another automaker in a crowded EV market.…
In a bold move that signals a new era of urban mobility, Toyota Motor Corporation is soaring to new heights with a hefty $500 million investment in Joby Aviation’s electric air taxi dream. This groundbreaking announcement cements Toyota’s position as a key player in the race to revolutionize city transportation. A Partnership Reaching New Altitudes…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September expected to surpass that benchmark. This resilience comes at a time when the overall auto…
Lucid Motors, the California-based electric vehicle manufacturer, has officially opened a new office in Southfield, Michigan, just 15 miles from Detroit. This strategic move reportedly aims to bolster the company’s production capabilities by tapping into the rich talent pool of the traditional auto industry. Lucid’s Scaling Up Production Lucid’s been facing some hurdles in ramping…
Lucid Motors, a Silicon Valley-based electric vehicle (EV) startup, has officially opened a new office in Southfield, Michigan, aiming to tap into Detroit’s rich automotive talent pool and boost its operations. This strategic move comes as Lucid prepares for the launch of its highly anticipated Gravity, a three-row electric SUV. CBT News reports that the…
California’s greenhouse gas emissions dropped by about 2.4% in 2022, a promising sign that the state’s carbon footprint is decreasing even as the economy rebounds from the COVID-19 pandemic. This news, announced by the California Air Resources Board, highlights the significant role electric vehicles (EVs) are playing in reducing emissions. EVs Leading the Charge More…
Vietnamese electric-vehicle maker VinFast reported a deeper second-quarter loss on Friday, driven by rising costs linked to its ambitious Asia expansion, although its revenue remained on a rising trend, according to its exchange filing. The company, which started delivering cars in California last year, is facing challenges as it seeks to capitalize on growing demand…
The automotive industry is undergoing a seismic shift towards electrification, with fully electric vehicles (EVs) poised to overtake hybrid models in the long run. According to a recent report from The Economist, the current surge in hybrid car popularity may be short-lived as battery technology advances, costs decrease, and regulatory pressures intensify. The Temporary Rise…
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