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.
EVs
Ford to reveal more about its new low-cost electric vehicles on August 11
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 profits pulled down by falling EV sales and regulatory credits
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.
Lucid Air owners will be able to use Tesla Superchargers from July 31
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.
Nevoya raises $9.3M as its EV truck fleet reaches cost parity with diesel
All-electric truck fleet startup Nevoya has landed a fresh round of capital and plans to expand.
Lucid Air owners will soon be able to use Tesla Superchargers — but there’s a catch
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.
Rivian restarting work on its Georgia factory, emails show
Emails obtained through a public records request show Rivian has resume the prep work for its planned factory in Georgia.
GMC Hummer EV outsold the Tesla Cybertruck last quarter
As Elon Musk once said, “we dug our own grave with Cybertruck.”
China’s Geely is officially bringing its luxury EV startup Zeekr private
China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange.
Tesla reportedly close to starting sales in India
Tesla may finally start selling its EVs in India with a showroom slated for Mumbai.