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Luxury electric vehicle maker becomes latest in industry to announce huge layoffs
BizPac Review· 7 days agoElectric vehicle (EV) maker Lucid Motors announced that the company would be laying off staff in a bid to lower expenses amid a slowdown ...
Electric vehicle maker Lucid Group sets layoffs to cut costs amid lowered demand
ABC 15 Phoenix· 3 days agoCalifornia-based Lucid Group Inc. is laying off hundreds of workers as it seeks to cut costs amid softening electric vehicle demand nationwide.
Lucid Group: Buy, Sell, or Hold?
The Motley Fool via AOL· 6 days agoThe stock peaked in late 2021 at around $58 per share, but has plummeted 95% since then. If you're thinking of buying or holding shares of the beaten-up...
Best EV Stocks To Invest in June 2024
GoBankingRates via AOL· 10 hours agoFord’s F-150 Lightning all-electric pickup truck also shows promise, especially in light of the slow rollout of Tesla...the pack of Chinese EV stocks to...
China’s GAC Aion targets Hong Kong motorists with new EV models on horizon
South China Morning Post· 7 hours ago“Together with the quality of the GAC brand and car models that can match the demands of the Hong...
EU-China on the Brink of a High-Stake Tariff Clash for EVs
Zacks via Yahoo Finance· 15 hours agoAs the EU ponders over imposing tariffs on China's EVs, the stakes are quite high. China needs the...
Lucid Motors announces plans to cut 400 jobs; here’s what we know
KTVK 3TV Phoenix· 2 days agoElectric vehicle manufacturer Lucid Motors has announced plans to cut about 6% of the workforce, or...
Overheated EV market evaporates 95% of Polestar's shareholder value
Automotive News· 17 hours agoTesla's sales and stock juggernaut triggered a series of IPOs in recent years bestowing billion-dollar valuations on electric vehicle startups despite their ...
Rivian (RIVN) CEO warns of 'messy' Q2, talks R2 and Tesla NACS
Electrek· 12 hours agoAfter shutting down its plant for upgrades, EV maker Rivian (RIVN) is warning that Q2 could be...
Auto & Transport Roundup: Market Talk
The Wall Street Journal· 9 hours agoFind insight on grain shipments, European airline and low-cost carrier share prices, Nordea, Capital A, and more in the latest Market Talks covering the...
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