Struggling battery-electric start-up Lucid Group will cut 400 jobs as it tries to slash mounting financial woes. It’s far from the only EV manufacturer responding to slowing sales growth by trimming its workforce, however. And still more cuts are expected to follow in the months ahead.
EVs and batteries
Picking the Safest Used Cars for a Teen Driver
With school letting out across the country, many high schoolers are looking for jobs to earn money for a car or to pay back money used to buy them a vehicle. Finding a teenager of vehicle is a rite of passage that is often among the most difficult. Fortunately, Headlight.News found a list of good used vehicles to start with.
First Drive: 2024 Genesis Electrified GV70
A third model joins the Genesis all-electric vehicle lineup
New Vehicle Sales Expected to Rebound in May
After a stumble in April, U.S. new vehicle sales are expected to rise as much as 3.5% courtesy of increased inventory levels and the rise in incentives that comes along with it. The numbers might have been higher if not for vehicle affordability issues. Find out more in the story at Headlight.News.
First Look: Kia EV3
Kia brings its newest thinking to a compact, five-door battery electric vehicle.
Jeep Wagoneer S Drag Races Tesla Model Y Ahead of May 30th Debut
Jeep sends bold message to Tesla with latest Jeep Wagoneer S teaser video
Volkswagen Delays ID.7 North American Launch, Cites Slowing EV Sales as Main Cause
Volkswagen pumps the brakes on ID.7 U.S. launch due to cooling sales and shifting market conditions.
Average Age of U.S. Vehicle is 12.6 Years Old — A New Record
New data shows the average age of U.S. vehicles is 12.6 years old. It’s a new record, and with new vehicles still selling at near-record prices, it’s probably safe to assume that number won’t fall any time soon. Get details at Headlight.News.
Ford Tells Dealerships To Halt EV Investments, Move Comes As Part of Internal Review
Ford is telling dealerships to stop EV investments as it undertakes a review of internal certification process
Drivers in California May Soon Pay By the Mile
States have long relied on gas taxes to cover the cost of building and maintaining their highway infrastructure. That approach falls apart as more and more EVs take to the road. California is exploring another option: tracking the mileage motorists log and charging them according to how far they drive. That could help prevent a gas tax shortfall of more than $4 billion over the next decade.
Nissan Puts Brakes on U.S. Production Plans to Rechart Course
Japanese automaker Nissan halted plans to produce electric vehicles in the U.S. until further notice. The company is rethinking what it wants to do with its first set of next-generation EVs in the U.S. Get details at Headlight.News.
First Look: 2025 Honda Civic Hybrid
After a several-year absence, Honda is bringing back the Civic Hybrid, offering it as an option for both sedan and hatchback buyers for the 2025 model year. While if will offer as much as 50 mpg fuel economy, the new hybrid will put more emphasis on performance than past versions, the automaker said Tuesday.