GM delays EV truck production at Michigan plant by a year
GM confirmed that the delay will help the company 'better manage capital investments.'
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GM confirmed that the delay will help the company 'better manage capital investments.'
Tesla's vehicle delivery metric came up short against analyst expectations that the company would be able to ship around 461,640 vehicles by September 30.
It's the first all-electric version of the luxury Escalade line.
Rivian's production guidance has increased following the release of the Q2 2023 earnings report.
EV manufacturer Lucid Motors (LCID) showed less-than-ideal numbers in its Q2 2023 earnings.
Ford's ultimate goal is to ramp up EV production to a 2 million run rate.
VW has been lagging behind in the industry-wide transition to electric vehicles, but the company is putting money behind its words with this $700 million investment in Xpeng.
GM CFO Paul Jacobson said that despite achieving the goal, supply issues have made the company's EV business challenging.
Tesla could be working on a $24,000 EV, according to a new report.
During Tesla's Q2 2023 conference call, Elon Musk shared that Tesla is ready and willing to license its FSD technology to further automotive companies.