Electric Mobility News
Rivian To Address Layoffs At Friday Meeting, Tesla To Cut 229 Jobs
Electric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, Chief Executive R.J. Scaringe said in an email sent to employees on Monday evening.
Musk Says Tesla Could Lower Car Prices If Inflation Slows
Jul 28, 2022 11:08 PM
Tesla Inc Chief Executive Officer Elon Musk said the electric automaker could lower prices for cars if inflation calms down.
Rolls-Royce Spectre EV Completes Second Test Phase On The French Riviera
Jul 28, 2022 11:03 PM
Rolls-Royce completed the second test phase of the Spectre EV on the French Riviera, clocking 625,000 km in Southern France.
Tata Motors Aims To Sell 50,000 EVs In This Fiscal Year
Jul 28, 2022 10:53 PM
Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting on Monday.
Hyundai Motor Launches First Electric Sedan, Taking On Tesla
Jul 28, 2022 10:20 PM
The Hyundai electric sedan will have a driving range of about 610 kilometres (380 miles), around 30% more than the Ioniq 5 crossover, Hyundai said.
Mahindra Aims To Lead Electric SUV Sales In India With New EV Unit
Jul 28, 2022 09:50 PM
Mahindra is the latest Indian automaker to tap global green funds by hiving off its clean mobility business into a separate unit, taking a page from its rival Tata Motors' playbook
U.S. Opens Special Probe Into Fatal Tesla Pedestrian Crash In California
Jul 28, 2022 09:39 PM
U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use.
China's Great Wall Motor Shelves $1 Billion India Plan
Jul 28, 2022 09:34 PM
China's Great Wall Motor has shelved plans to invest $1 billion in India and laid off all employees at its operations there after failing to obtain regulatory approvals, three sources with direct knowledge of the matter said.
Redwood Materials Plans To Spend $3.5 Billion On Making EV Battery Essentials
Jul 28, 2022 08:59 PM
The auto industry has been ramping up production of electric vehicles (EV) to meet a demand surge, driving up orders for batteries and raw materials such as lithium, cobalt, etc.
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