Electric vehicles
Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell Tuesday. Here’s how Rivian performed in the period, compared with […]
Read More
EVs are billed as the upcoming. But a potential capabilities hole is sparking fears about expense and protection
A mechanic performing on an electrical auto at a garage in Carquefou, France, in November 2022. The EU is on the lookout to increase the number of EVs on its streets in the coming decades. Loic Venance | AFP | Getty Photographs From seatbelts to airbags and radios to parking sensors, present day automobiles are […]
Read More
Luxurious EV maker Lucid seems to have a demand from customers trouble
Folks check push Dream Edition P and Desire Version R electric powered cars at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxurious electrical motor vehicle maker Lucid seems to have a demand from customers challenge. The firm stated all through its fourth-quarter earnings report on Wednesday that […]
Read More
UBS sees a $60 billion chance in EV charging infrastructure. How to participate in it
The ongoing adoption of electric powered vehicles in the United States will develop more winners for investors than just automakers, in accordance to UBS. Analyst Shneur Gershuni explained in a notice to shoppers that the buildout of a charging community for electric powered autos opens a new spot for traders to wager on the changeover […]
Read More
Nikola’s fourth-quarter revenue falls short as it delivers just 20 trucks
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it produced 133 battery-electric trucks in the fourth quarter, but delivered just 20 to dealers, generating revenue that fell well short of Wall Street’s expectations. Nikola said it made a series of changes to its battery-electric truck during the quarter in response […]
Read More
Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid on Wednesday reported fourth-quarter revenue that fell short of expectations after building just 7,000 of its Air luxury sedans last year amid manufacturing challenges. […]
Read More
Bentley to end production of ultra-performance 12-cylinder engine as it transitions to EVs
A staff member checks a Bentayga SUV on the Bentley production line at their factory in Crewe, Britain, December 7, 2022. Phil Noble | Reuters Bentley Motors plans to end production of its 12-cylinder engine next April as the famed luxury carmaker transitions to electric vehicles. The British automaker of ultra-luxury performance cars said the […]
Read More
Elon Musk promised a ton with the Tesla Semi. Here is how it stacks up now that it can be finally in this article
To start with introduced by Elon Musk in 2017, the Tesla Semi has been a person of the longest-delayed products in the company’s record. But the new electric powered truck is eventually listed here, with PepsiCo currently being the 1st purchaser to get some of the 100 cars it pre-requested. “PepsiCo owns a single of […]
Read More
Nissan, Renault to commit $600 million to make new styles in India
Renault and Nissan automobile logos are pictured through the Brussels Motor Exhibit on January 9, 2020 in Brussels. (Picture by KENZO TRIBOUILLARD/AFP through Getty Illustrations or photos) Kenzo Tribouillard | Afp | Getty Photos Nissan and Renault said on Monday they would invest $600 million to make six new models in India. The Japanese and French automakers will operate on the jobs from their base in Chennai, turning […]
Read More