Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 billion over the next 15 years. “Lucid aspires to be a catalyst for change wherever we go, so it makes perfect sense that […]
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Lucid Group announced the signing of agreements with the Ministry of Investment of Saudi Arabia (“MISA”), the Saudi Industrial Development Fund (“SIDF”), and the Economic City at King Abdullah Economic City (“KAEC”), as it lays the groundwork for a ful…
The results from the first round of voting in the UK Car of the Year Awards 2022 sees eight manufacturers triumph in 10 categories. Doubling up on Awards were Skoda – winning with its Fabia and Enyaq models in the Best Supermini and Best Medium Crossov…
XPeng Inc., a leading Chinese smart electric vehicle company, announced its vehicle delivery results for February 2022. XPeng delivered 6,225 EVs in February 2022, representing a 180% increase year-over-year. The February deliveries consisted of 3,537 …
A Tesla Cybertruck was seen whizzing through the Fremont Factory’s test track. The Cybertruck appears to be one of Tesla’s updated alpha prototypes, as hinted at by its side mirrors and large windshield wiper. Several Tesla employees were also inside the vehicle as it was running on the track. A Tesla Cybertruck prototype was also spotted […]
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Sales of new light-duty plug-in electric vehicles, including all-electric vehicles and plug-in hybrid electric vehicles (PHEVs), nearly doubled from 308,000 in 2020 to 608,000 in 2021, according to the data released by the Department of Energy (DOE). E…
Panasonic Corporation announced that its Energy Company will establish a production facility at its Wakayama Factory in western Japan to manufacture new, “4680” lithium-ion batteries for electric vehicles in order to expand its business glo…
