evs
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Rivian’s CFO is leaving the company
Rivian’s chief financial officer Claire McDonough is resigning her position at the end of October, the company announced in a…
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Detroit startup Grounded raises $5M to customize electric and gas-powered vans
Detroit-based Grounded has had to be flexible since it was founded in 2022. The startup was initially built around the…
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Ford on track to complete $2B factory overhaul for Fathom EV truck
Ford made a $2 billion bet two years ago when it closed its Louisville Assembly Plant in Kentucky and scrapped…
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Tech News
Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis
Lucid Motors said Tuesday that its “operational reset” will focus on $1.4 billion in cash reductions along with three other…
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Tech News
GM and Ford are talking less and less about EVs
Just a few short years ago, General Motors and Ford were all in on electric vehicles, spending billions of dollars…
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Tech News
Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
Tesla is no longer planning to reach “volume production” of three of its newest products – the Cybercab, the Tesla…
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Tech News
Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
The new CEO of Lucid Motors is continuing to restructure the company after announcing hundreds of job cuts last month:…
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Tech News
Rivian raises EV sales forecast as Q2 production ramps up
Rivian is telling investors that it might see better sales year than it expected, despite the many headwinds working against…
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Tech News
Slate Auto’s radically simple electric truck starts at $24,950
Slate Auto, the EV startup backed by billionaire Jeff Bezos, has finally revealed the starting price of its electric truck:…
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Tech News
Rivian cuts hundreds of workers after R2 deliveries start
Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the…
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Tech News
Top Lucid Motors executive departs amid new CEO’s leadership shakeup
Emad Dlala, a top executive at EV-maker Lucid Motors, has left the company just months after being promoted to a…
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Tech News
As VC-backed e-bike startups went bankrupt, bootstrapped Lectric grew
Lectric eBikes, a Phoenix, Arizona-based company known for its practical and affordable XP series electric bikes, has launched three new…
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