Lucid Motors Market Cap Could Eventually Be Valued Like Tesla, Says CEO
Just weeks after Lucid Motors’ first deliveries of the Lucid Air took place at a delivery event in California, the company’s head is already eyeing Tesla levels of…
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NIO ET7 to Feature Dolby Atmos and NIO Radio
Not long after NIO’s news that the electric ET7 sedan will debut at Shenzen’s NIO House later this month, the company has shared plans for its premium audio…
Rivian Surpasses Volkswagen in Market Cap, Despite $0 in Revenue
After Rivian’s proposed starting initial public offering (IPO) price of $62, the company landed a starting price of $76, before the company’s stock jumped in the past several…
Renault Switching Courtesy Car Fleet to Electric Vehicles
As electric vehicles (EVs) become more and more popular, one company has announced plans to switch its courtesy fleet to all-electric versions of one of its flagship vehicles.…
NIO ET7 Sedan to Debut at NIO House in Shenzhen on Nov. 19
NIO unveiled the ET7 electric sedan earlier this year, and according to a company official, the electric vehicle (EV) is set to debut in public later this month.…
Lucid Air Wins Motortrend 2022 Car of the Year
The Lucid Air Dream Edition has been receiving glowing reviews, and with the electric vehicle’s (EV’s) first units officially delivering to customers last month at a Lucid Air…
GM to Launch 10 Electric Vehicles in South Korea by 2025
General Motors announced on Friday it will launch 10 electric vehicles in South Korea by 2025, according to Steven Kiefer, the head of GM’s international operations, reports Automotive…
Shell to Build EV Fast-Charging Network in Canada with Federal Funding
After Shell’s announcement of plans to build as many as 500,000 electric vehicle (EV) charging points across North America by 2025, the company has received federal funding which…
First Look: 2023 Subaru Solterra Electric SUV Teaser Ahead of L.A. Auto Show [VIDEO]
With Subaru’s 2023 Solterra announced earlier this year, the electric vehicle (EV) marks Subaru’s first, and is already garnering attention in markets around the world. Subaru has debuted…
Automakers Divided on Climate Pledge to End Gas Cars By 2040
As climate change becomes more and more of a prevalent reality, many of the world’s governments, companies and cities on Wednesday signed the Glasgow Declaration to end fossil…
Washington State Governor Orders Fleet Shift to Electric Vehicles
Following Washington State’s announcement of its goal to ban new gas car sales by 2030, the state is enacting other changes into law to help fulfill the decade-long…
Rivian IPO Raises $11.9 Billion, Shares to Trade Under Ticker RIVN
Rivian announced on Wednesday its upsized initial public offering of 153,000,000 shares of Class A common stock was set at $78 per share, raising $11.93 billion for the…
Tim Cook on Story of Apple Buying Tesla: ‘I’ve Never Spoken to Elon’
As Apple plans to build an electric vehicle (EV), the company’s leader is addressing previous claims that Elon Musk tried to get Apple to buy Tesla at this…
Tesla is a Serious Threat, Warns Ford CEO to 20,000 Employees
Tesla and its growing presence in the automotive industry was a major topic at Ford’s recent virtual town hall, which was attended by around 20,000 employees from around…
Rivian Increases IPO Price Range, Valuation Could Top $65 Billion
In updated securities filings dated Friday, Rivian increased the price range for the 135 million shares it will be offering during its IPO from $57-62 USD to $72-74…