US Government

Lucid Group Cuts Workforce Amid Restructuring

Lucid Group Cuts Workforce Amid Restructuring

Lucid Group is cutting around 400 jobs, about 6% of its workforce, as part of a restructuring plan to optimize operating expenses. The move has impacted the stock price. Lucid Job Cuts and Financial Impact Lucid Group is reducing its…

Pepsico Expands Tesla Semi Fleet In California

PepsiCo Expands Tesla Semi Fleet in California

PepsiCo Adds 50 Tesla Semi Trucks to Fresno Fleet PepsiCo is boosting its electric vehicle lineup with 50 new Tesla Semi trucks, set to operate from its Fresno, California, facility in the coming months. Key Points “Our fleet electrification is…

New Cybertruck Accessories: What You Need To Know

New Cybertruck Accessories: What You Need to Know

Tesla has just released a new set of accessories for its much-hyped Cybertruck. The new additions include a spare tire and tool kit, mud flaps, underseat storage bin, and D-rings. These accessories come with varied price tags and cater to…

Us Regulators Scrutinize Ford'S Mach-E Recall

US Regulators Scrutinize Ford’s Mach-E Recall

The U.S. auto safety watchdog is delving deeper into the recent recall of Ford’s electric vehicle, the Mustang Mach-E. The key concern? Whether Ford’s recall sufficiently tackled the issues at hand. In June 2022, Ford pulled back nearly 49,000 of…

Tesla Under Fire For Exaggerated Ev Ranges - Environmental Protection Agency - Model 3

Tesla Under Fire for Exaggerated EV Ranges

Tesla, the renowned electric vehicle manufacturer, is under scrutiny, with accusations of inflating the driving range figures displayed on their dashboard, as reported by Reuters. This claim could shake the trust of EV drivers who rely heavily on accurate range…

Vietnam'S Ev Powerhouse Vinfast Eyes U.s. Listing

Vietnam’s EV Powerhouse VinFast Eyes U.S. Listing

In a significant move towards global expansion, Vietnam’s premier electric vehicle (EV) manufacturer, VinFast, is poised to make its grand entrance on the US stock market in August. This news comes in the wake of the U.S. Securities and Exchange…

Ford Supercharges Ev Ambition With $9.2Bn Loan

Ford Supercharges EV Ambition with $9.2Bn Loan

In a move that set Ford Motor’s stock on the upswing, the U.S. government recently committed billions to aid the Detroit-based car manufacturer in its shift to electric vehicles. The U.S. Energy Department revealed a conditional loan of $9.2 billion…