Lucid said it has resolved the problem and is not changing its guidance for 2026.
Tesla’s headcount fell from 21,191 workers to 16,506 workers in 2025, according to a report, as it grappled with its second straight year of declining sales.
The company’s deliveries in the first quarter were just 6% higher than last year, and Tesla now faces a third straight year of falling sales.
The company struggled with quality issues when Gravity production started last year, and the new recall shows it’s not out of the woods yet.
The two companies have been collaborating on a joint venture that would see Rivian tech go in VW’s EVs.
Verne, the robotaxi company launched under Rimac Group, is starting with a service in Zagreb, Croatia.
The Sony-Honda joint venture has killed plans for its Afeela sedan and SUV electric vehicles. The news comes shortly after Honda reversed its plans to launch more electric vehicles in the U.S.
The young California startup is already building RVs, FedEx vans, and box trucks. Now its hybrid powertrain will underpin ambulances and mobile healthcare units.
After four years, and multiple subpoenas and depositions, the beleaguered startup has dodged yet another bullet.
Rivian CEO RJ Scaringe shares his thoughts and plans for his newest startup, Mind Robotics.