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Tag: raise

Rivian to raise $1.3 billion amid EV demand concerns

Rivian to raise $1.3 billion amid EV demand concerns

The Rivian identify is shown on one particular of their new electrical SUV automobiles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Rivian Automotive designs to raise $1.3 billion in cash through a sale of convertible notes, becoming a member of a increasing …
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Lucid and Nikola file to raise additional cash

Lucid and Nikola file to raise additional cash

Electrical auto start-up Lucid on Sept. 28, 2021 mentioned production of its first automobiles for customers has begun at its factory in in Casa Grande, Arizona. Lucid Electric motor vehicle makers Lucid Team and Nikola are transferring to increase additional funds, as equally companies goal to …
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Elon Musk says Tesla will raise price of FSD by 25% in September

Elon Musk says Tesla will raise price of FSD by 25% in September

Tesla CEO Elon Musk on Sunday introduced a 25% value maximize for the company’s top quality driver help program, which is promoted under the title Total Self-Driving, or FSD. The price will improve to $15,000 from $12,000 on Sept. 5, Musk said in a tweet. Currently, …
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Ford, GM Raise Truck Prices as They Fight Dealers’ Price Gouging

Ford, GM Raise Truck Prices as They Fight Dealers’ Price Gouging

Andi HedrickAuto and Driver Ford is dropping the 2023 F-150’s foundation 100A bundle and building the 101A devices offer standard, boosting the most affordable XL trim’s base rate. Bigger trim levels also see big value increases thanks to very similar tools changes. The 2022 Chevy Silverado …
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Chinese electric vehicle maker Li Auto to raise $2B in US stock offering

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 Illustrations or photos Chinese electric automobile maker Li Car mentioned Tuesday that it plans to elevate …
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Elon Musk says Tesla will raise price of ‘FSD’ to $12,000 in US

Elon Musk says Tesla will raise price of ‘FSD’ to $12,000 in US

A Tesla Product Y electric powered automobile is dispalyed on a showroom ground at the Miami Structure District on October 21, 2021 in Miami, Florida. Joe Raedle | Getty Images On Friday, Tesla CEO Elon Musk announced on Twitter that the enterprise will increase the rate …
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Hertz shareholders increase public stock offering, raise $1.3 billion

Hertz shareholders increase public stock offering, raise $1.3 billion

Tesla Design 3 electrical vehicles at a Hertz community place. Hertz Shareholders of Hertz International Holdings enhanced the dimensions of their community providing of shares by 20%, in advance of designs to relist the stock on the Nasdaq on Tuesday beneath the ticker symbol “HTZ.” The …
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China’s Li Auto to raise up to $1.93 billion from Hong Kong listing

China’s Li Auto to raise up to $1.93 billion from Hong Kong listing

A Li Xiang One hybrid SUV is on display all through the 18th Guangzhou International Automobile Exhibition at China Import and Export Good Complicated on November 23, 2020 in China. Li Zhihao | Visual China Group | Getty Photographs GUANGZHOU, China — Chinese electrical car or …
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China EV maker Xpeng to raise up to $2 billion in Hong Kong listing

China EV maker Xpeng to raise up to $2 billion in Hong Kong listing

A Xpeng P7 electric powered car or truck is on display screen for the duration of the 18th Guangzhou Intercontinental Vehicle Exhibition at China Import and Export Reasonable Complicated on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visual China Team | Getty …
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China’s Xpeng Motors to raise up to $2 billion in Hong Kong IPO

China’s Xpeng Motors to raise up to $2 billion in Hong Kong IPO

A XPeng Motor P7 electrical automobile is exhibited for sale at Wanda Plaza on May well 9, 2021 in Beijing, China. VCG| Getty Illustrations or photos GUANGZHOU, China — U.S.-stated Chinese electrical carmaker Xpeng Motors has got the environmentally friendly light-weight to carry out an IPO …
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