Finance
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Rivian Records Lowest Quarterly Loss In Over A Year
On Tuesday, May 9, Rivian Automotive Inc announced a quarterly revenue that beat Wall Street estimates. The electric vehicle maker…
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Lucid Quarterly Revenue Falls Below Estimates
Lucid Group Inc announced its first quarter revenue on Monday, May 8 and it was below expectations. The company also…
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Volkswagen ID.4 First Foreign Brand To Qualify For U.S. Tax Credit
Barely two days after the Treasury Department issued a new guideline for electric vehicles to qualify for the tax credit,…
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Full List Of EVs That Qualify For The Revised Tax Credit
The electric vehicle tax credit keeps changing and the Treasury Department has issued a new guideline on the vehicles that…
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Ford to Invest $1.3B in Converting Canada Factory into EV Hub
Ford Motor has unveiled plans to invest $1.3 billion in the Oakville Assembly Plant in Ontario, Canada. According to an…
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Ford Mustang Mach-E and E-Transit to Lose 50% of Tax Credits
Big news for electric vehicle fans: Ford has confirmed that three of its battery-electric models available in the US will…
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Tesla To Produce Four Million Units Of Cheaper EVs Annually
Tesla mulls making 4 million units of its next electric vehicle which will cost approximately $25,000 according to information coming…
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Rivian Misses Q1 Production Target
Rivian Automotive Inc posted its quarterly production estimates on Monday, April 3 and it was not looking too good for…
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Stricter EV Tax Credit Regulations Coming
The US Treasury Department has announced that it will implement stricter electric vehicle (EV) tax credit rules effective April 18th.…
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Shell Buys Volta, Expands EV Charging Reach
Shell USA, Inc., an affiliate of Shell plc, has successfully concluded its previously announced purchase of Volta Inc. (Volta) in…
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