Uber has re-entered the autonomous vehicle arena by investing $300 million in Lucid Motors, partnering with the EV maker and self-driving tech firm Nuro to build a fleet of robotaxis based on the Lucid Gravity electric SUV. 12 This move…
Tesla has appointed Raj Jegannathan, a senior information technology executive, to oversee its North American sales team as the electric vehicle company confronts declining demand in key markets, according to Investing.com. This move follows the recent departure of longtime sales…
Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but…
Tesla has introduced a wide array of discounts and incentives for its electric vehicles in the US, aiming to boost sales before the federal tax credit expires at the end of the quarter. This move comes as the company experiences…
The Porsche Macan has achieved a remarkable milestone by becoming the fastest-selling model in the company’s history, reaching one million units produced in only 12 years, as the electric version gains strong traction amid a broader shift toward electrification. This…
In Mexico, budget-conscious buyers like Uber driver Patricia Gatica are turning to affordable cars made in China, such as the $17,000 Chevy Aveo, which offers impressive fuel efficiency at 48 miles per gallon, according to Bloomberg. This trend extends to…
China’s cabinet vowed on Wednesday to regulate “irrational” competition in the electric vehicle sector, as a prolonged price war escalates in the world’s largest auto market. This move signals a push for stability, with officials committing to enhanced cost investigations…
Lucid Group Inc.‘s interim CEO Marc Winterhoff has cautioned that proposed tariffs under President Donald Trump will elevate automobile production costs, affecting even vehicles assembled in the United States. This development stems from the automotive industry’s reliance on a global…
Tesla has rolled out compelling lease offers for the 2025 Model Y, making the popular electric SUV more accessible to EV enthusiasts. With monthly payments starting at $399 and flexible down payment options, these nationwide deals, detailed on Tesla’s official…
Tesla’s vice president of sales, service, and delivery in North America, Troy Jones, has left the company after 15 years, according to a Wall Street Journal report cited by Reuters. This development adds to a series of high-level exits at…
China has introduced new restrictions on exporting technologies vital for electric vehicle (EV) battery production, potentially disrupting global supply chains already reliant on the country’s dominance in this sector, reports the WSJ. This move, announced by the commerce ministry, requires…
A federal jury trial begins today in Miami, examining whether Tesla’s Autopilot system contributed to a deadly 2019 crash near Key Largo, Florida, that killed a 22-year-old woman and injured her companion. The lawsuit, filed by survivor Dillon Angulo and…
Rivian Automotive shares fell sharply on Monday following a downgrade from Guggenheim, as analysts cited mounting challenges from recent policy changes under President Trump that scrap key incentives for electric vehicle buyers. This development raises questions about affordability for EV…
Tesla CEO Elon Musk has sparked widespread curiosity among electric vehicle enthusiasts and tech followers by hinting at a major demonstration set for later this year. This announcement comes directly from the company’s design studio, promising an unprecedented showcase. “Just…
Chinese automaker BYD Co. accelerates its presence in Saudi Arabia, tripling showrooms to capitalize on Tesla Inc.‘s recent market entry and the kingdom’s drive toward becoming an EV hub. This move highlights growing opportunities for electric vehicle adoption in a…
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