Lucid lays off 12% of US workforce amid EV market pressure
Lucid Motors is laying off 12% of its U.S. workforce as the EV maker looks to improve its financial position amid market uncertainty. Lucid is streamlining operations to improve ...
Lucid Motors is laying off 12% of its U.S. workforce as the EV maker looks to improve its financial position amid market uncertainty. Lucid is streamlining operations to improve ...
EV maker Rivian deliveries and production fell in the fourth quarter and full-year 2025 as the company shifted to its R2 model, while its software and services revenue expanded. The company reported ...
Despite winter storms negatively impacting new-vehicle sales in January, several manufacturers reported increased sales for the month. The automotive market was “resilient” despite weather challenges in ...
LAS VEGAS — EVs have become less profitable than gas vehicles for retailers, and more costly to manufacturers, following the expiration of federal ...
Stellantis NV is taking more than €22 billion ($26 billion) in charges mainly linked to reversing course on its electric ...
Tesla’s lease penetration shrank in the fourth quarter as deliveries declined and production slowed. The Austin, Texas-based EV manufacturer delivered 418,227 vehicles in Q4, down 15.6% ...
Volvo’s North American sales decreased in the fourth quarter despite an uptick in U.S. sales at the end of 2025. Volvo’s North ...
Mitsubishi Electric Corp. will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...