Luxury EV maker Lucid appears to have a demand problem

Folks exam travel Dream Edition P and Dream Edition R electrical cars at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxurious electric…

Ferrari’s 2022 earnings jump 13%, supercar maker guides to strong 2023

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long expression technique, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday…

Tesla suppliers jump as EV maker cuts prices for some models in China

Hong Kong, China, 13 Sept 2022, A crimson Tesla vehicle passes in entrance of a Tesla dealership in Wanchai. (Photograph by Marc Fernandes/NurPhoto by using Getty Images) Nurphoto | Nurphoto…

Apple iPhone maker Foxconn says it wants to make cars for Tesla

Young Liu, chairman of Foxconn Technological know-how Team, speaks in front of a Product C electrical auto in the course of an party in Taipei, Taiwan, on Tuesday, Oct. 18,…

BYD shares jump after Chinese EV maker forecasts surging profits

Warren Buffett-backed BYD mentioned it expects a additional than 300% bounce in third-quarter income. Inspite of headwinds which includes a resurgence of Covid in China, rising content prices and a…

Foxconn, Maker of iPhones, Reveals EV Hatchback to Be Built in Ohio

Foxconn, a Taiwanese electronics agency that is just one of the key brands of Apple iPhones, is setting up to enter the automotive area with the Foxtron Product B. A…

Chinese EV maker Xpeng launches rival to Tesla’s Full Self Driving system

Xpeng launched a function that will allow its vehicles to semi-autonomously navigate urban environments, marking its most up-to-date obstacle to U.S. electric auto large Tesla. The Chinese start off-up introduced…

China EV maker Xpeng to launch a Tesla Model Y competitor in 2023

A new Xpeng P7 car is demonstrated in the Xpeng Motors flagship store in a browsing shopping mall. Xpeng P7 is a person of the two popular designs of Xpeng…

Chinese EV maker Xpeng’s robotics company raises $100 million

XPeng is nonetheless focused in boosting the revenue of its electric powered vehicles. But it has been concentrating on making out upcoming enterprises in flying cars and robotics. Qilai Shen…

Chinese electric vehicle maker Li Auto to raise $2B in US stock offering

The Li Just one electrical automobile from Li Vehicle is shown at the Moonstar World Harbor procuring mall in Shanghai, China, Might 10, 2021. Costfoto | Barcroft Media | Getty…