Lucid

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Oct 19

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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

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

Tesla

Tesla’s Identity Crisis: Owners Grapple with Musk’s Political Shift as Anti-CEO Movement Gains Momentum

In an unprecedented display of consumer activism, Tesla owners across America are wrestling with a complex dilemma: how to reconcile their love for their environmentally conscious vehicles with their growing discomfort over Elon Musk’s controversial political stance. This tension has sparked a remarkable grassroots movement, highlighting the delicate balance between corporate leadership and brand

Haye KestelooNov 29

Polestar

Polestar Shifts Gears: EV Maker to Sell Through Dealerships Amid Sales Slump

Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through dealerships, not just online. A New Strategy for Survival Polestar’s new chief executive, Michael Lohscheller,…

Haye KestelooOct 11

Ford

Lucid Showcases Electric Future at Henry Ford Museum

Lucid Motors recently held an event at the Henry Ford Museum, putting its electric vehicles in the spotlight against a backdrop of automotive history. The showcase featured the Lucid Air sedan and the upcoming Lucid Gravity SUV, as reported by Lucid Motors on X. Lucid’s Electric Lineup The star of the show was undoubtedly the…

Haye KestelooSep 24

Tesla

Taylor Swift, Trump, and the EV Battery Market: Investors Watch Closely

Investors in Asia’s electric vehicle (EV) battery sector are keeping a close eye on the US presidential race, with even unexpected factors like Taylor Swift’s potential endorsements making waves. This heightened interest comes from the significant impact the election outcome could have on EV-related stocks, according to a recent Financial Times report. Trump’s Stance and…

Haye KestelooSep 17

China

China’s EV Revolution Leaves Poorer Rural Cities Behind

While wealthy cities like Shanghai and Shenzhen have led electric car adoption, uptake in other areas shows how hard gasoline cars can be to ditch

Haye KestelooSep 16

Lucid

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