Fisker Inc has revised down its 2023 production target due to supply chain challenges in the electric vehicle (EV) industry. The setback is part of a broader trend of U.S. Full Article »
Lucid Motors, Lucid Group Inc (LCID.O), reported disappointing first-quarter revenue, falling short of Wall Street estimates due to a pricing war that was sparked by Tesla Inc (TSLA.O) and resulted Full Article »
Seven US senators have raised concerns about Tesla’s use of forced arbitration clauses in their contracts with customers. These clauses require customers to resolve any disputes through binding arbitration rather Full Article »
As the world’s largest automotive market, China has become a key battleground for automakers looking to establish a foothold in the electric vehicle (EV) market, and their love for SUV’s Full Article »
Recently, the White House has praised Toyota for its commitment to electrifying its auto fleet. According to a statement from the White House, Toyota is “fully committed” to electrifying their Full Article »
Stellantis, the global automotive company formed through the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, has reported a boost in revenue for the first quarter of the year. Full Article »
According to a recent study conducted by J.D. Power, it has been found that despite the growing popularity of electric vehicles (EVs) and the increasing market share of EVs in Full Article »
The 2023 Ford Mustang Mach-E is receiving price cuts, up to $4,000, alongside battery updates and improved range. The Mach-E, Ford’s all-electric SUV inspired by the iconic Mustang, has been Full Article »
Ford Motor Company has reported a significant profit of $1.76 billion for the first quarter (1Q) of the year. This achievement reflects a strong performance and positive financial results for Full Article »
