Tag: EV news
Elon Musk names Linda Yaccarino as new Twitter CEO
Tesla chief Elon Musk named Linda Yaccarino, NBCUniversal's former advertising chair, as the new Twitter CEO on Friday, May 12, months after promising to...
Polestar delays SUV release to 2024, cuts workforce by 10%
On May 11, Swedish EV maker Polestar trimmed its full-year production guidance to between 60,000 and 70,000 vehicles, claiming that its Polestar 3 SUV...
OEMs actively discussing affordability, expect to see discounts and incentives
Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the current car market.
In comments made to...
Why it’s challenging to find EVs at a dealership right now
In today's market, finding an EV in dealers' stock to test-drive and buy is tricky. On May 8, the Sierra Club revealed its latest...
Rivian slows Q1 losses, eyes profitability by 2024
Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures.
The electric vehicle manufacturer saw...
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...
Ford’s redesigned 2024 Ranger pickup arrives in North America
Ford has debuted a redesigned version of its popular midsize pickup, the Ranger, for the model year 2024.
Engineers have undertaken a complete overhaul of...
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...
Elon Musk, Texas Gov. Greg Abbott break ground on new Tesla...
On May 8, Tesla CEO Elon Musk and Greg Abbott, the Governor of Texas, broke ground at the Corpus Christi location of the company's...
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...