Audi

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Jul 6

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Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles

Arizona

Lucid Motors Acquires Nikola’s Arizona Facilities for $30M Post-Bankruptcy: A Strategic Expansion for EV Production

On April 13, 2025, Lucid Motors seized a pivotal opportunity by acquiring the Arizona facilities of Nikola, a once-hyped electric vehicle (EV) and hydrogen truck manufacturer, for $30 million following Nikola’s Chapter 11 bankruptcy filing in February. The deal, announced on April 13, 2025, encompasses Nikola’s truck business and customer relationships, providing Lucid with 884,000…

Haye KestelooApr 13

New York

Genesis GV90 EV Set to Redefine Luxury SUVs at 2025 New York Auto Show

Genesis, Hyundai Motor Group’s luxury brand, is poised to unveil its flagship electric SUV, the GV90, at the 2025 New York International Auto Show, starting April 18. Previewed by the striking Neolun concept, the GV90 promises to blend minimalist Korean design with cutting-edge technology, positioning it as a formidable contender in the premium electric vehicle…

Haye KestelooApr 13

BMW

Figure AI’s Humanoid Robots at BMW: Real Progress or Overhyped Promise?

In January 2024, Figure AI, a California-based robotics startup, announced a commercial partnership with BMW Manufacturing to deploy its humanoid robots at the automaker’s Spartanburg, South Carolina plant. The deal was hailed as a landmark for humanoid robotics, with Figure’s founder and CEO Brett Adcock touting a “fleet” of robots performing “end-to-end operations.” But a…

Haye KestelooApr 12

Tesla

Tesla Launches in Saudi Arabia Amid EV Ambitions and Infrastructure Challenges

On April 10, 2025, Tesla officially opened its doors in Saudi Arabia, a move signaling both a reconciliation between CEO Elon Musk and the kingdom’s leadership and a bold step toward the country’s aggressive electric vehicle (EV) adoption goals, as reported by Reuters. With a glitzy launch showcasing the Cybertruck and a redesigned Model Y…

Haye KestelooApr 12

Lucid

Lucid Motors CEO Steps Down Amid Financial Challenges and Gravity SUV Launch

Lucid Motors announced on February 25, 2025, that CEO Peter Rawlinson is stepping down effective immediately, transitioning to the role of Strategic Technical Advisor to the Chairman of the Board. Chief Operating Officer Marc Winterhoff has been named interim CEO while the company searches for a permanent replacement. This leadership shift occurs as Lucid, founded…

Haye KestelooFeb 25

Tesla

US EV Sales Show Strong Growth as Market Matures, Supply Chain Concerns Loom

Electric vehicle sales in the United States continued their upward trajectory in November, with a 10% month-over-month increase and a 13.6% jump compared to November 2022, according to new data from Cox Automotive. This growth comes as the EV market shows signs of normalizing inventory levels and maintaining steady price points, though upcoming regulatory changes…

Haye KestelooDec 20

Tesla

Legacy Automakers Drive EV Growth as Tesla Faces Headwinds

Electric vehicle registrations climbed 5% in October, marking a significant shift in market dynamics as traditional automakers gained ground while Tesla experienced continued challenges according to recent registration data. The growth trajectory, particularly noteworthy given the broader automotive market conditions, highlights the increasing competitiveness of established manufacturers in the el

Haye KestelooDec 13

NIO

Nio Challenges German Luxury Dominance with Ultra-Premium ET9 Sedan

Chinese electric vehicle manufacturer Nio has unveiled its most ambitious vehicle to date – the ET9 executive sedan – directly targeting the stronghold of German luxury automakers in China’s premium vehicle segment. The $110,080 electric flagship, slated for March deliveries, represents a bold move to compete with established luxury vehicles like the BMW 7-Series and…

Haye KestelooDec 13

Audi

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