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GM executive compensation will be tied to EV targets
General Motors (GM) has committed to bring 30 new electric vehicle (EV) models to market and sell 2 million EVs by 2025, on their way to becoming an all-electric automaker by 2035. To show the […]

Tesla and other EV makers continue to face opposition to overturn ‘franchise law’ in Connecticut
Connecticut’s “franchise law” has been around since 1972 and stipulates that auto manufacturers must sell their cars through third-party dealerships. After five attempts in as many years to pass legislation that would allow the direct […]

Elon Musk’s Twitter purchase detailed in new 8K filing with SEC
Twitter announced yesterday it had come to an agreement with Elon Musk to purchase the social media company and take it private at a price of $44 billion. Today a new 8-K filing published by […]

Ford kicks off F-150 Lightning production, teases second electric pickup truck
Ford Motor Co. held a livestream event today to kick off production of the highly anticipated F-150 Lightning electric pickup truck. Held at the automaker’s new Rouge Electric Vehicle Center in Dearborn, Michigan, CEO Jim […]

Government of Saudi Arabia commits to buying up to 100,000 Lucid EVs
Lucid Group is strengthening its ties with Saudi Arabia announcing a new deal on Tuesday which will see the luxury automaker deliver up to 100,000 Lucid EVs to the kingdom. The deal covers a 10-year […]

Tesla still holds commanding lead in US EV sales despite increased competition
More Americans are buying electric vehicles (EVs) than ever before as they accounted for more than 5% of total car sales in the US in the first quarter of 2021. Despite an increasing number of […]