Lucid Group reported a second-quarter revenue of $405.35 million, falling short of analyst expectations of approximately…
Tag: Electric Vehicles
Carmakers delay UK factory investments amid EV mandate
Carmakers are postponing investment decisions for UK factories until the government relaxes electric vehicle (EV) sales…
Rivian Stock Rises 5% After Upgrade to Overweight Rating
Rivian Automotive Inc. (NASDAQ:RIVN) shares surged 4.99% to $16.64 on Monday following an upgrade by Piper…
Chinese Auto Brands Surpass Japanese in Western Europe Sales
Chinese sedan and SUV brands outperformed Japanese brands in Western Europe during the second quarter, marking…
GM CEO Calls China’s EV Price War ‘Unsustainable’ Amid
General Motors CEO Mary Barra stated on the company's second-quarter earnings call that the ongoing electric…
BYD reaches 100,000 EVs in Brazil amid tariff discussions
Chinese electric vehicle manufacturer BYD has reached a milestone of 100,000 electric vehicles (EVs) produced in…
Hungary probes BYD investment amid ex-minister’s job switch
Hungary's government has launched an investigation into a significant investment deal with Chinese electric vehicle manufacturer…
US EV Sales Fall 20% in Q2 Amid Incentive Changes
U.S. electric vehicle (EV) sales declined by 20% in the second quarter of 2023 compared to…
US EV Prices Drop 4.5% in June Amid Market Changes
The average transaction price (ATP) for electric vehicles (EVs) in the United States fell by 4.5%…
Ross Gerber Advocates for EVs to Reduce Oil Dependence
Investor Ross Gerber emphasized the importance of electric vehicles (EVs) in reducing global oil dependence and…