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Fisker Warns It May Run Out Of Money In The Next 12 Months

The EV startup says it won't spend on future vehicles like the Alaska pickup without striking a partnership with another automaker.

Feb 29 2024 -

Here’s Lucid’s Plan To Survive 2024 And Beyond

Lucid is struggling with demand for its cars, but its CEO is pushing investors to think long-term.

Feb 23 2024 -

Rivian Lays Off Another 10% Of Salaried Staff

The EV startup said it faces "economic and geopolitical uncertainties" throughout 2024.

Feb 21 2024 -

Tesla Q4 2023 Earnings Report: Slightly Below Expectations

However, it's another profitable quarter for Tesla and a successful year overall.

Jan 24 2024 -

Stellantis 'In The Black' On EVs In The U.S. And Europe, CEO Says

By "EVs," Carlos Tavares meant "electrified vehicles" (BEV+PHEV+HEV), as Stellantis currently has zero BEVs on sale in USA.

Dec 7 2023 -

Tesla Insurance Facing Prospective Class Action Suit Over ‘Inflated’ Premiums

A California judge denied Tesla’s car insurance business bid to dismiss the consumer protection lawsuit.

Dec 5 2023 -

Financial Analyst Says Tesla Should Cancel The Cybertruck

2024 is “already a lost year for growth,” Jefferies analyst Phillipe Houchois wrote.

Nov 21 2023 -

Rivian Raises Production Goal Again After Strong Q3 Results

The California-based EV maker is confident it can make over 50,000 vehicles this year.

Nov 8 2023 -

Lucid Lost $430,000 For Every Car It Sold In Q3

The American luxury EV maker cut its production guidance for this year after a weak quarter.

Nov 8 2023 -

Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3

After posting a $1.3 billion loss in Q3, Ford's Model e EV unit said it would cut Mustang Mach-E production and delay a battery plant.

Oct 27 2023 -

Tesla Q3 2023 Earnings Report: Profit And Revenue Below Expectations

It's another profitable quarter for Tesla, but price cuts and factory downtime led Q3 to be a bit disappointing.

Oct 18 2023 -

VinFast Posts $1.4B Loss Despite Growing Q3 Deliveries To 10,000 EVs

The EV maker delivered 10,027 vehicles in Q3 2023, up 5.2 percent from the previous quarter; most of them remained in Vietnam.

Oct 6 2023 -

Rivian Has "Very Clear" Path To Profitability, CEO Says

Rivian is currently losing about $33,000 per vehicle sold, but RJ Scaringe said the situation is "improving quarter to quarter."

Oct 4 2023 -

Renault Plans IPO Of Ampere EV Unit In Spring 2024, CEO Says

In the run-up to the initial public offering, Renault will separate Ampere from the rest of the company on Nov 1, Luca de Meo said.

Aug 30 2023 -

VinFast Is Now The World’s Third-Most Valuable Automaker

It’s behind only Tesla and Toyota, despite selling just 151 vehicles in the US in the first half of the year.

Aug 29 2023 -

Tesla Supercharger Network To Become A Multi-Billion Dollar Business: Analyst

A Wall Street analyst estimated the Supercharger network to be worth three to six percent of Tesla’s revenues.

Aug 25 2023 -

VinFast Worth $85 Billion After Going Public, More Than GM, Ford, VW

Shares of the Vietnamese EV maker closed at $37.06 in New York after its first day of trading.

Aug 16 2023 -

Tesla Bull Sees Rivian As “One Of The Core EV Players Over The Next Decade

Wedbush analyst Dan Ives says Rivian took "another big step in the right direction" with its second-quarter results.

Aug 11 2023 -

Colorado Proposes Generous Electric Vehicle Incentives For New Buyers

The state appears to lead the charge in EV incentives alongside California.

Aug 10 2023 -

The Strategy Behind Volvo's Recovery Of Import Tariffs On China-Made Cars

The 25 percent import tariff imposed by the Trump administration can be recovered with certain exports.

Aug 9 2023 -

Rivian Raises Production Guidance After Strong Q2 Earnings

Gross margins improved by 50% for the American EV maker in its best-ever quarter.

Aug 9 2023 -

Lucid Maintains Production Guidance Despite Underwhelming Q2 Results

While Q2 revenue and net loss missed market estimates, Lucid said it has enough cash to start production of Gravity SUV in late 2024.

Aug 8 2023 -

Tesla CFO Zach Kirkhorn Steps Down After 13 Years At The Company

Kirkhorn's successor as Tesla CFO is accounting head Vaibhav Taneja.

Aug 7 2023 -

Fisker Reports Q2 2023 Losses, Cuts Production Target Due To Supply Woes

The automaker missed production targets for both quarters in 2023.

Aug 4 2023 -