Tag: EV news
Lucid reaffirms production target despite underwhelming earnings
Lucid has confirmed it is on track to meet its annual production target of 10,000 electric vehicles, despite scoring lower-than-expected revenue in the second...
General Motors expands V2H-capable electric vehicle lineup
General Motors plans to offer bidirectional charging technology, also known as vehicle-to-home (V2H) charging, on a wider list of upcoming electric vehicles than previously expected,...
In an updated guidance, Tesla is now eligible for $4,000 used...
A significant feature of the Inflation Reduction Act is the tax credit for used electric vehicles. The credit, which has a maximum value of...
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...
Hyundai, Kia, and Genesis owners file lawsuit over faulty charging ports
Owners of all-electric vehicles sold by Hyundai, Kia, and Genesis in the US have brought a class-action lawsuit against the automakers, alleging that some...
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...
