2023: Another Tough Year for the Auto Industry? Here’s Why.
High borrowing rates, issues with the supply chain, and concerns about a recession were some of...
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Category: Autos
EV Maker Polestar Reports Lower Operating Loss, Confirms Full-Year Guidance
Polestar, a Swedish manufacturer of electric vehicles, announced on Friday that its third-quarter...
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Rivian Looks to Cut Costs and Boost EV Production to Meet 2022 Targets
Rivian Automotive, a manufacturer of electric vehicles, reiterated its 25,000 vehicle production...
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Carvana Tumbles After Posting Negative Results Across the Board
After the online used car retailer missed Wall Street’s top- and bottom-line projections for...
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Fisker confirms that production of the Ocean SUV will begin later this month. The company now has over 62,000 reservations for the vehicle.
The electric car company Fisker announced on Wednesday that it is on schedule to start producing...
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Luminar to Begin Producing Automotive Lidar Units Ahead of Schedule
The Iris lidar units are being produced for a client who works with automakers, according to...
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Nikola Founder Trevor Milton Found Guilty of Fraud: What This Means For the Future of Electric Cars
The founder and former CEO of Nikola, a manufacturer of electric heavy trucks, Trevor Milton, was...
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Toyota CEO Doubles Down on EV Strategy Despite Criticism
LAS VEGAS – In response to criticism that the firm is moving too slowly toward EVs from some...
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Ford Unveils All-New F-Series Super Duty Trucks – Here’s What’s Changed
PC: CNBC DETROIT – To increase earnings in its commercial vehicle division, Ford Motor is...
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Exclusive: Ford to restructure supply chain in light of $1 billion in unexpected quarterly costs
DEARBORN – Days after the company warned it anticipates recording an additional $1 billion...
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IEA says global EV sales will hit an all-time high in 2022 – but is it enough to put us on the path to net-zero emissions?
PC: CNBC According to the International Energy Agency, sales of electric vehicles are expected to...
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Tesla Weighs Reset for China Retail Strategy as Sales Boom
According to two people with aware of the plans, Tesla is reexamining how it markets electric...
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