Porsche Taycan sales in the US fall again in Q2 2023
The second quarter of the year was not kind to Porsche Taycan sales. The company sold only 1,635 units of the electric sports car in the US in Q2, compared to 2,524 in the same […]
Lucid production and deliveries continue to fall amid demand concerns
Lucid reported its Q2 2023 production and delivery figures on Wednesday, and in more bad news for the struggling automaker, both figures are down quarter-over-quarter, signaling continued demand issues. Between April and June Lucid produced […]
GM and Volkswagen slash prices in China
As more and more entrants enter China’s growing EV market, two of the world’s largest OEMs have decided to cut their EV prices for a limited time. Volkswagen announced that the ID.3 would be cut […]
Tesla nearing final permit approval for Giga Mexico
Tesla may soon have the green light to start the buildout of its latest Gigafactory, Giga Mexico. Earlier this year Tesla announced what may have been the worst kept secret in the automotive industry, plans […]
Tesla lays off battery production line workers at Giga Shanghai: Report
Tesla China has reportedly laid off some of its workers at Giga Shanghai, with the layoffs affecting employees on the factory’s battery production line. According to a report from Bloomberg, citing unnamed sources, Tesla started […]
Lawsuit against Rivian alleging shareholder fraud moves forward
Rivian is facing a potential legal setback as a judge has decided the automaker must face a lawsuit accusing the company of defrauding shareholders during and after its highly anticipated initial public offering (IPO) in […]
Tesla Cybertrucks tackle snow and ice in New Zealand [Videos]
The Tesla Cybertruck arrived in New Zealand last month for winter testing, and on Friday two versions of the electric truck were spotted playing in the snow and ice. For several months now all the […]
Ford’s EV sales drop 2.8% in Q2 2023
Ford saw a 2.8% decline in its US electric vehicle (EV) sales during the second quarter. The drop in sales can be attributed to the temporary halt in production at Ford’s Mexican factory, which builds […]
Tesla and 15 other automakers commit to “fair market order” in China in effort to end price wars
A group of 16 automakers, including Tesla, have committed to maintaining fair market order in China in an attempt to moderate price fluctuations and foster fair competition. The “letter of acceptance for maintaining fair market […]
Tesla China sets new quarterly delivery record with near best June 2023
Tesla reported its global Q2 production and delivery figures on Sunday, posting records for both metrics. Those records were set thanks in part to China, which set a new Q2 delivery record, jolted by a […]
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