Lucid Motors cut production expectations for the second time in a year as the company deals with supply chain and logistics challenges. As per Lucid, the company now has 37,000 reservations for its Air electric […]
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]
BYD is an ambitious EV maker based in China, and has this week unveiled its plans to penetrate the Japanese market. Japanese buyers will soon be able to buy the Atto 3, Dolphin, and Seal. […]
Earlier this year a study by ISeeCars.com found that the Tesla Model X was the fastest-selling used vehicle, selling on average within 28 days of being listed. Today ISeeCars published an update to their study, […]
Toyota announced that as of Friday, the company has used up their allotment of US tax credits for hybrid and EVs. The $7,500 federal tax credit can be used for full or partially electric cars […]
Lightyear is making bold claims about its electric car, the Lightyear 0. The EV, which you can charge from the sun through embedded solar panels, is reportedly equipped with the most efficient production powertrain in […]
Employees from Tesla, Rivian, Lucid and seven other automakers recently met with the United Auto Workers (UAW) about how to organize unions at their respective factories. UAW Vice President Cindy Estrada confirmed with the Detroit […]
The Tesla Model Y and the Model 3 have been named the “most American-made” vehicles in the United States by Cars.com. Previously, the Tesla Model 3 held the title, but the Tesla Model Y overtook […]
Volkswagen Group CEO Herbert Diess has expressed several times that he hopes to be able to overtake Tesla and become the electric vehicle (EV) sales leader by 2025. Diess has also said he expects it […]
