Lucid Motors CEO Peter Rawlinson on its SPAC deal and making Lucid Air

Lucid Motors CEO Peter Rawlinson on Tuesday touted what he named the electric car or truck company’s “entire world course tech,” but acknowledged problems around vehicle production. Rawlinson, a previous Tesla engineering…

Workhorse Group drops nearly 50% after EV company is passed over for USPS contract

Workhorse W-15 Electric powered Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one particular place on Tuesday immediately after the company was handed above for…

Kia unveils 2022 Carnival as new SUV-inspired minivan with VIP seating

Kia Motors is replacing its Sedona minivan with a new SUV-motivated model termed the Carnival beginning in the second quarter of this 12 months. The 2022 Carnival “multi-function car,” also…

Investor Rakesh Jhunjhunwala on India’s electric vehicle market

Indian billionaire trader Rakesh Jhunjhunwala is betting on automaker Tata Motors as one particular of the winners of India’s rising electric car or truck current market. “I feel the biggest…

Former Tesla exec signs new recycling deal as battery costs soar 

Walk with JB Straubel as a result of the Redwood Elements recycling plant in Carson Town, Nevada, and one matter stands out: Pallets stacked on leading of pallets loaded with…

Fisker shares surge on EV deal with Apple iPhone assembler Foxconn

The New York Stock Trade welcomes Fisker Inc. (NYSE: FSR), today, Monday, November 9, 2020, in celebration of its the latest IPO. Source: NYSE Shares of electric car start off-up…

Shares of SPAC for EV firm Lucid plummet another 20% Wednesday

Exterior of the Lucid Air sedan, which debuted Sept. 9, 2020 as the firm’s to start with manufacturing motor vehicle. Lucid Shares of Churchill Cash IV plummeted for a next…

General Motors says worst of global chip shortage may be behind it

Basic Motors workers operate on the assembly line at the Fairfax Assembly & Stamping Plant in Kansas Metropolis, Kansas. Jim Barcus for General Motors Normal Motors executives think the world…

Chinese electric car start-up Li Auto expects to sell fewer than Nio

A Li Xiang One hybrid SUV is on display during the 18th Guangzhou International Automobile Exhibition on November 23, 2020 in Guangzhou, China. Li Zhihao | Visual China Group |…

I don’t know what’s worse

Charles Munger, vice chairman of Berkshire Hathaway Inc. Jonathan Alcorn | Bloomberg | Getty Images Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday…