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Earnings and Financials

Lucid Rolls Out “Trail-Ready” Gravity Concept – As it Struggles with Slow Sales of its First SUV

Lucid Rolls Out “Trail-Ready” Gravity Concept – As it Struggles with Slow Sales of its First SUV

Lucid Motors rolls into this coming weekend’s Pebble Beach Concours d’Elegance with it calls a “Trail-Ready” take on its first SUV. The EV start-up is hoping that the Gravity X Concept will fire up interest in the big SUV which has struggled to gain any traction with buyers since going into production earlier this year. More from Headlight.News.

EV Buyers Find More Public Chargers, Fewer Charging Failures

EV Buyers Find More Public Chargers, Fewer Charging Failures

The lack of a robust public charging network is often cited as a key reason why EV sales have slowed down. But despite a cut in federal funding, the rollout of chargers has continued accelerating. Better yet, a new study finds that the number of times EV owners plug in, only to find the charger doesn’t work, has fallen substantially. More from Headlight.News.

Ford v Slate: Will the Legacy Brand’s $30,000 Pickup Crush the Little Start-Up’s Own Affordable Pickup?

Ford v Slate: Will the Legacy Brand’s $30,000 Pickup Crush the Little Start-Up’s Own Affordable Pickup?

Ford’s plan to bring out a midsize $30,000 battery-electric pickup could be great news for buyers looking for an affordable EV. But it might be bad news for Slate, the suburban Detroit start-up that only recently announced plans to launch its own low-cost truck. More from Headlight.News.

Ford’s “Universal EV” Could Change Everything About Automaking – And Deliver a $30,000 EV Pickup

Ford’s “Universal EV” Could Change Everything About Automaking – And Deliver a $30,000 EV Pickup

Ford will invest $5 billion to set up its “Universal EV” program – and, it claims, completely transform the way vehicles are designed, engineered and manufactured. The test will come with the 2027 launch of a new, all-electric midsize pickup, said CEO Jim Farley, with a “targeted price of $30,000.” But there could be a cost in terms of long-term automotive employment, reports Headlight.News.

Ford Pushes Back Replacement for F-150 Lightning, E-Transit Vans in Shift to Affordable EVs

Ford Pushes Back Replacement for F-150 Lightning, E-Transit Vans in Shift to Affordable EVs

As it shifts to a new generation of “affordable” EVs, Ford Motor Co. will delay two other battery-electric projects, including the next-generation F-150 Lightning pickup. It may also look at adding hybrids and other products to what was supposed to be the all-electric Blue Oval City manufacturing complex outside Memphis, reports Headlight.News.

GM, Hyundai Plan to Develop Five Vehicles Together

GM, Hyundai Plan to Develop Five Vehicles Together

General Motors and Hyundai Motor Co. will jointly develop give vehicle, including an all-electric van, the two automakers revealed, marking the first concrete steps in an alliance announced last September. The program primarily will target the Latin American market where both automakers are struggling to beat back a push by emerging Chinese competitors. But the van will be sold in the U.S. More from Headlight.News.

Automakers Hold Back on Tariff Price Hikes – For Now

Automakers Hold Back on Tariff Price Hikes – For Now

Pres. Donald Trump’s tariffs will add billions to the cost of manufacturing vehicles in the U.S., as well as importing products from abroad. So far, however, automakers have been reluctant to pass those higher costs onto consumers, fearing that could trigger a sharp downturn in demand. How long they can continue swallowing those higher costs remains to be seen. More from Headlight.News.

Chevy Teases Return of the Volt – But Will it Be America’s Most Affordable EV?

Chevy Teases Return of the Volt – But Will it Be America’s Most Affordable EV?

After a more than two-year absence, the Chevrolet Bolt will make its return next year, the bowtie brand now says. It will undergo a number of changes and is expected to get better range and performance. But the bigger question is whether it will maintain its position as the country’s most affordable battery-electric vehicle. More from Headlight.News.