Foxconn sells former GM factory to mystery buyer after failing to make EVs
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely produced anything there.
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely produced anything there.
Jim Farley, Ford's CEO, has touted this as a "Model T moment" -- but the first of these new EVs won't come out until 2027.
Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory credits, and a decline in solar and energy storage sales.
Owners of the Lucid Air sedan will be able to charge their luxury EVs at thousands of Tesla Supercharger stations in North America starting July 31. But there is a notable caveat: Lucid Air vehicles won't be able to charge as fast as Tesla vehicles.
All-electric truck fleet startup Nevoya has landed a fresh round of capital and plans to expand.
The project has created 46 full-time jobs so far. Rivian will begin installing âdeep utilitiesâ in August, with âvertical constructionâ set to begin in the first quarter of 2026.
As Elon Musk once said, "We dug our own grave with Cybertruck."
Tesla may finally start selling its EVs in India with a showroom slated for Mumbai.
Slate auto burst onto the scene in April 2025. Here is a timeline that covers its origins, backers, product, and other new details.
Also, the micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital.
Rivian has opened customer orders for its second-generation quad-motor R1S and R1T EVs.
Slate Auto, which came out of stealth mode earlier this year with a surprising â and surprisingly affordable â customizable electric truck, has raised $700 million to date. But long before the EV startup broke cover, it quietly raised a Series A round of more than $100 million in 2023. And while Jeff Bezos was […]
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Slate Auto has updated its website after Congress passed President Trump's tax cut bill, which will eliminate the federal EV tax credit.
Lucid sold 3,309 vehicles in the second quarter, a new record for the EV maker. Still, the company must ramp up production of its Gravity SUV to meet its 2025 target.
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump's tariffs and trade wars.
Redwood Materials has launched a new business â taking old EV batteries to store energy and help power businesses.
The 48-hour take-home program will be available to attendees of the upcoming Electrify Expo in Los Angeles, with more automakers joining soon.