Tag: electric vehicles
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...
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...
Thoma Bravo considers selling J.D. Power in $8 Billion deal
According to a February 20 Bloomberg News report, a financial advisor is assisting Thoma Bravo LLC in assessing interest in the consumer information firm...
Toyota faces legal action for falsifying engine emissions testing
A Nikkei article reported on February 19 disclosed that Japan's transport ministry is preparing to take legal action against a Toyota Motor affiliate for...
Ford discounts electric Mach-E as EV competition heats up
Ford has cut prices on last year's Mach-E lineup as it looks to boost competition with Tesla and improve upon its marginal electric vehicle...
EPA to re-evaluate tailpipe emission standards after industry pushback
The Biden Administration is planning to relax strict tailpipe emission standards proposed by the Environmental Protection Agency (EPA) last year in an effort to...
Lucid cuts Air Pure sedan prices to address buyer concerns and...
On February 15, Lucid implemented its second price reduction in two months for the Air sedan, now starting at an MRSP below $69,900.
With the...
How Tesla is banking billions in regulatory emissions credits
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
EV brand Bollinger Motors signs deal with LaFontaine dealership group
Electric vehicle startup Bollinger Motors has formally announced its first-ever retail partnership with LaFontaine Automotive Group, a dealership with multiple locations in Michigan.
The new...
Treasury says new electric vehicle credit process seeing early success
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after...
