Lucid Surges on $1 Billion Lifeline From Saudi Investor
Lucid Group is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled EV maker with a needed lifeline.
Fisker Mulls Bankruptcy After Talks With Automaker Collapse
Struggling electric vehicle startup Fisker Inc. said it needs to renegotiate terms for recent financing or face the possibility of filing for bankruptcy protection.
Nissan Promises Aggressive EV Push
TOKYO — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process.
Lincoln Focuses on Digital Technology Over Electrification
PALM SPRINGS, Calif. — While other small, premium brands have rushed toward high-tech, all-electric drivetrains, Lincoln is taking a different road.
Stellantis Agrees to California EV Rules It Long Opposed
Stellantis NV has agreed to strict rules to boost electric cars set by California and adopted by several other U.S. states that the carmaker has previously blasted.
Biden Drops Mileage Score for EVs in Bid to Spur Sales
The Biden administration is setting a new estimate of the fuel efficiency of electric vehicles meant to better reflect the real world and further drive sales of emission-free cars.
Struggling Battery Factory Is Behind GM’s EV Problems
General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises CEO Mary Barra made five years ago. It still has a long way to go.
Fisker Stops Production for Six Weeks
Fisker Inc. is pausing production for the next six weeks as the electric vehicle maker looks to rein in inventory and avoid possibly having to file for bankruptcy.
Biden Administration Unveils EV Freight Charging Plan
The Biden administration is rolling out its plan for deploying electric vehicle charging and hydrogen fueling infrastructure on the nation’s freight corridors.
Tesla’s Wall Street Fans Turn Squeamish as EV Turmoil Mounts
Tesla Inc.’s support among Wall Street bulls is weakening with the lowest percentage of analysts since April 2021 recommending that investors buy the stock.