Lucid aims to raise $3 billion from Saudi Arabia’s PIF
In a move that sent shares of the luxury EV manufacturer down 9% after market hours, Lucid revealed its ambitions to raise around $3 billion through a public offering, with...
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
Headlines
Toyota strengthens its electrification commitment with BEV production and new investments
In an effort to advance its commitment to vehicle electrification and building where it sells, Toyota is assembling an all-new three-row battery electric SUV at Toyota Kentucky beginning in 2025.Â
The...
Delaware auto dealer says proposed ICE ban already hurting retail
A Delaware auto dealer says he is experiencing earlier-than-expected consequences from the state's proposed gas-powered vehicle ban.
Santosh Viswanathan, the chairman of legislative affairs for the Delaware Automobile and Truck Dealers'...
Chris Benjamin, prominent Stellantis design leader, gets acquired by VW’s Scout Motors
Scout Motors, Volkswagen's electric off-road brand, has acquired a senior design leader from Stellantis North America who aided in the interior design of vehicles like the company's high-end Wagoneer.
Chris Benjamin,...
Stellantis, GM to bailout auto supplier Unique Fabricating
Three companies, Stellantis, General Motors, and Yanfeng Automotive Interior Systems, have agreed to a bailout package totaling $15 million to support the financially-troubled auto supplier Unique Fabricating.
The company provides plastic foam products used...
Global automakers fall in EV market, Tesla and BYD take lead- ICCT report
A new report ranks global automakers based on their EV efforts. This means it looks at their current progress in the transition from gas to EVs and determines the company's...
Ford Pro partners with dealers to expand mobile service fleet with Escapes
Ford is partnering with its dealers to bring 1,000 Escape SUVs to its mobile service platform later this year.
In an announcement on Tuesday, May 30, the automaker laid out plans...
Hardware 4.0 spotted in Tesla Model Y, self-driving suite still unofficial
The Tesla Model Y is getting Hardware 4.0, an upgraded version of the electric vehicle brand's sensor and software package, despite the platform lacking an official release.
The battery-powered crossover SUVs...
Stellantis considering even more U.S. EV battery factories
Stellantis is pondering more electric vehicle battery facilities in North America, in addition to the two it currently owns in the U.S. and Canada.
Speaking to reporters during the opening of...
Consumers rank OEM electric vehicle apps low in J.D. Power study
A new J.D. Power report indicates that electric vehicle drivers have grown increasingly frustrated over OEM-created apps, which they often rely on for a plethora of vital services.
The report notes...
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