EV startups post Q4 losses, UAW to spend $40 million, new range anxiety study

  Top Stories Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered...

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Vehicle sales on track to rise in February as supply jumps 44.7%

New vehicle sales are predicted to rise in February, thanks to a combination of lower prices and better availability. A joint forecast from J.D. Power...

New research highlights impact of dishonesty in the auto sales process

New research has identified a discrepancy in the rate at which customers experience dishonest practices during the car sales process and the percentage of...

Waymo faces resistance in expanding robotaxi services in California

Waymo, Google's self-driving car startup, is encountering resistance in its efforts to bring its round-the-clock robotaxi service to other regions of California. Several of...

Carvana reports first-ever annual profit, reduces debt by $1 billion

Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders to reduce the...

UAW to spend $40 million on unionization campaign over next 2 years

The United Auto Workers (UAW) union is now committed to spending $40 million on its labor organization campaign, which is currently underway at non-union...

Electric vehicle startups post mixed Q4 earnings results

Three electric vehicle startups, Lucid, Rivian, and VinFast, posted their fourth-quarter results this week amidst a backdrop of souring forecasts on the battery-powered car...

New study debunks range anxiety myth for EVs

Since introducing electric vehicles (EVs) to the automotive sector, several consumers have lingered around the prevalent issue of range anxiety. Range anxiety refers to the...

Mercedes-Benz delays EV targets due to weaker demand

Mercedes-Benz has recently admitted that the demand for battery-powered vehicles is not as strong as initially expected. Despite this, the company has assured investors...

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