Tag: electric vehicles
Toyota forecasts higher profits in 2024 buoyed by EVs and increased...
Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials.
The...
Fisker adjusts production target, reports another loss in Q1
In its quarterly financial report, Fisker announced it was cutting its yearly production goal of 42,400 units to a range of 32,000 to 36,000...
Lucid reveals mixed bag of first-quarter earnings, struggles to spur demand
Amidst growing concerns over brand recognition, electric vehicle manufacturer Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing...
Warren Buffet, Charlie Munger decline to pick winner in EV race
In remarks given during a weekend conference, CEO Warren Buffet and vice chairman Charlie Munger, both of investment firm Berkshire Hathaway, expressed uncertainty over...
Farley confirms Apple CarPlay, Android Auto will stay in Ford vehicles
CEO Jim Farley reaffirmed Ford's commitment to continue supporting third-party apps such as Apple CarPlay and Android Auto in its vehicles during a May...
EV prices are dropping but has that made them affordable?
Could you buy an electric vehicle - whether new or used, with the current EV prices available on the market? How about six months...
Stellantis makes progress in Q1, sees easing semiconductor shortage
Higher prices and stabilizing supply chains allowed Stellantis to push first-quarter revenues and shipments ahead of their 2022 numbers.
The automaker reported net revenues of...
Ford sees sales, profits increase in Q1, but struggles with EV...
The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2.
The...
Lordstown may face bankruptcy after Foxconn threatens to withdraw funding
Lordstown Motors could face bankruptcy after allegedly breaching its contract with Taiwanese technology manufacturer Foxconn.
According to Lordstown's filing with the Securities and Exchange Commission...
Biofuel credits for EV makers could see delay under GOP-led resistance
The Biden Administration is considering a delay to a rule proposed by the Environmental Protection Agency (EPA), which would allow electric vehicle makers to...
