It’s been a tough year for EV start-ups, Fisker filing for bankruptcy, and several others expected to follow. But there have been a few glimmers of hope. Price cuts helped Lucid outperform sales expectations during the second quarter, buying it time to bring a second product line to market later this year. But with Wall Street still skeptical, the California manufacturer remains critically dependent on cash from the Saudis, Lucid’s largest investor.
He spent years as a major force behind one of the world’s most dangerous sports – auto racing. Now, Jean Todt has taken a lead role in a new United Nations effort to address the “pandemic” of highway deaths. Its new, ad campaign hopes to halve the number of road fatalities – over 1 million annually – by 2030.
Stellantis has invested an additional $55 million in Archer Aviation, a pioneer in the fast-emerging field of drone-like flying taxis. That follows a previous $110 million investment the Euro-American automaker made in Archer. And it comes at a time when the start-up completed a milestone flight and is preparing to open up a new assembly plant in Georgia.
U.S. automakers reported strong sales overall for June and the second quarter – with a handful of notable exceptions. In the case of Stellantis, a 21% decline has led the automaker to order temporary layoffs at two plants – with more cuts possible.
It’s become conventional wisdom that EV sales are slowing. With one high-profile exception, the latest numbers would tell you quite the opposite is true. As data roll in for June and the second quarter we’re seeing a number of manufacturers reporting solid increases...
With the EV market taking longer to charge up than many have expected, Mercedes-Benz is putting money back into the development of internal combustion technology, as well as hybrids, CEO Ola Kallenius said. But the automaker isn’t scrapping plans for a new EV architecture, despite recent reports, the executive said.
With fatalities rising fast, NHTSA has enacted rules requiring the use of sophisticated detection and auto-braking technologies intended to protect pedestrian – as well as those riding bicycles and motorcycles. But automakers are pushing back, claiming they can’t meet the new mandates set to go into effect in 2029.
Ford’s secret “skunkworks” program aimed at developing “a new generation” of affordable – and profitable – EVs will operate out of a new headquarters in Long Beach, California, not far from an old factory company founder Henry Ford set up 94 years ago to build the automaker’s Model A.
Still in its early ramp-up phase, the Tesla Cybertruck has faced a serious of problems since its official launch last November. The latest signs of trouble? Two new safety recalls — including windshield wiper failures — that can’t be fixed with updated software.
Volvo has “delayed” the U.S. launch of the EX30 battery-electric vehicle due to new tariffs on Chinese-made EVs announced in May by the Biden administration. That delay appears likely to last until at least sometime in 2025 when the automaker plans to begin production of the EX30 at a second plant in Ghent, Belgium.
Think of the 2024 Mercedes-Benz CLE Coupe as two cars in one, blending the best of the prior-generation C-Class and E-Class models into one all-new offering. With its distinctively sporty design, a choice of two mild hybrid drivetrains, a lavishly appointed interior...
Patience, patience. If you live in the U.S. you’ll have to wait for the updated 2025 Volkswagen Golf R. Buyers in Europe can already place orders, however, and the initial introduction is impressive. While there are the usual mid-cycle design tweaks, the big news is a roughly 5% increase in power that will make the hot hatch the fastest VW-branded model ever once it reaches the States next year.