Tag: electric vehicles
Tesla CFO steps down amidst falling margins and electric vehicle price...
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the...
Fire risk recall impacts more than 113,000 Hyundai and Kia vehicles
On August 3, 2023, Hyundai and Kia announced they were recalling more than 113,000 newer vehicles in the U.S. due to potential fire risks...
Lucid slashes price of its Air sedan due to growing competition
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer...
Examining the ‘turbulent’ used car market — Karl Brauer | iSeeCars
According to the most recent iSeeCars study, used electric vehicle prices have fallen by nearly 30%! On today’s CBT Now, we’re pleased to welcome...
Nikola names Stephen Girsky as its fourth CEO
On August 4, the electric vehicle manufacturer Nikola named its fourth CEO in several years as it attempts to negotiate several difficulties, such as...
Fisker scores positive margin on electric vehicles but lowers production goal
Fisker has reduced its annual production guidance for 2023 following a complicated second quarter for the electric vehicle brand.
The car manufacturer earned only $825,000...
Pricing trends in the used EV market that dealers must consider
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and...
GM reaches first robotaxi union agreement
Cruise robotaxi, a division of General Motors, announced on August 3rd that it had signed the first labor union agreement in the autonomous vehicle...
Hyundai breaks monthly electric vehicle sales record with IONIQ 5
Hyundai broke its monthly sales record for the IONIQ 5 over the course of July, solidifying the automaker's small but steadily growing presence in...
Ford resumes F-150 Lightning production, demand skyrockets after price cuts
The factory that builds Ford's electric F-150 Lightning pickup has resumed operations following a six-week hiatus for renovations, and the recent price reductions for...
