Rivian’s making it easier get into one of their EVs, kicking off its leasing program. The lease option for the R1T Adventure Package is priced at $6,794 at signing, plus $899 a month for 36 months with 30,000 total miles allowed. Read the story at Headlight.News.
Electric vehicle sales have been on the rise for much of 2023, although they’ve leveled off in the past few months. A new study reveals that cool down mirrors that of Americans wanting to buy new EVs at about 25%, which is about the same as last year. Details at Headlight.News.
It’s been a tough year for Lucid, the startup’s Air sedan falling short of sales goals, and weak revenues requiring a $3 billion bailout to keep things going. But the California-based EV maker is betting that it can get the boost from its second product line, the all-new Gravity SUV debuting at the LA Auto Show. Roomy, stylish and sporty, it will also offer, at 440 miles per charge, industry-leading range. Headlight.News was on hand for the debut of the 2025 Lucid Gravity.
While it was an early EV pioneer with the little M3, BMW fell behind rivals like Tesla and Mercedes-Benz in recent years. Now it’s making up for lost time rolling out an assortment of all-electric models, including versions of its iconic 5 Series and 7 Series lines. To get insight into the Bavarian automaker’s EV strategy Headlight.News caught up with Shaun Bugbee, executive vice president of Operations for BMW of North America during a visit to Spartanburg, South Carolina, home of the automaker’s U.S. manufacturing center.
Karma Automotive’s new president, Marques McCammon, talks with Headlight.News about the up-and-down company’s future, particularly its new product making its debut at the LA Auto Show in the coming days. Find out more about the company’s new leader and its product portfolio.
Only a few years ago, an array of EV start-ups appeared poised to revolutionize the auto industry. Today, many have vanished while others struggle for survival. There have been a few success stories but the shake-out is likely to continue, reports Headlight.News.
The struggling Lucid Group revealed another series of setbacks once again announcing cuts to its full-year production plans. Revenues fell well short of expectations, as well, though it did beat earnings forecast. Headlight News has more.
EV startup Rivian told investors Tuesday it plans to build more of its all-electric pickups and SUVs than previously forecast. The move is counter to production cuts by other nascent makers, like Lucid, as well as mainstream car companies, such as Ford and General Motors. Get details at Headlight.News.
The 2024 Volvo EX30 is one of the most critical new entries from the Swedish automaker in decades. It’s the first designed to be exclusively battery powered, anchoring Volvo’s ongoing shift to all-electric propulsion. Small on the outside, EX30 is surprisingly roomy inside and provides plenty of features and performance at a reasonable price tag — as Headlight.News discovered during several days of driving in Barcelona, Spain.
Cadillac is getting ready to roll out the most expensive vehicle in its history, the exotic Celestiq set to start at just over $300,000. But one customer will wind up paying more than three times that, at least if they opt for a one-off version included in this year’s annual Neiman Marcus Fantasy Gifts list. Checkout out at Headlight.News.
The impact of Tesla’s price cuts hit home in the third quarter as its earnings fell on a year-over-year basis. Perhaps more importantly, more price cuts are expected to come in the fourth quarter at the company pushes to meet its goal of delivering 1.8 million vehicles globally. More cuts means a tough final quarter — fiscally anyway. Details at Headlight.News.
With rare exception, everything Volvo brings to market, going forward, will be all-electric. And that includes the brand’s first minivan. Images of the Volvo EM90 have begun leaking out and, not surprisingly, it bears a more than passing resemblance to the ZEEKR 009, the all-electric people-mover also being launched next year by the Swedish automaker’s Chinese parent, Geely.