9+ hour ago  (869+ words) Lucid Motors" Chief Financial Officer Taoufiq Boussaid stated on Tuesday that the company's backer " Saudi Arabia's Public Investment Fund (PIF) " sees the EV maker as both a financial and domestic priority. PIF has invested more than $9 billion in the California-headquartered…...

10+ hour, 38+ min ago  (883+ words) A Texas transportation company said on Tuesday that it recently tested the Tesla Semi truck, revealing that it beat the company's own efficiency expectations. Mone Transport, which runs cross-border freight routes between the US and Mexico, said on Tuesday the…...

10+ hour, 15+ min ago  (1047+ words) Three of China's largest automakers are moving toward their first consumer vehicle sales in Canada by the year's end, with certification work and retail network development already underway. According to DSMA, a buy-sell and advisory firm brokering discussions between Chinese…...

3+ mon, 2+ week ago  (799+ words) Nio confirmed on Tuesday that it is working with partners to license its proprietary autonomous driving chip to external customers from the automotive industry but also in the robotics field. The deal marks the Chinese EV maker's first commercialization of…...

2+ mon, 3+ week ago  (519+ words) Tesla shares reached a new all-time high of $493.27 in Tuesday's after-hours session, sending the company's market capitalization to just below $1.7 trillion. After having reached its previous all time high in December 2024, the stock faced a tumultuous first half of the…...

1+ day, 9+ hour ago  (497+ words) Slate Auto, the EV startup backed by Amazon founder Jeff Bezos, has replaced its chief executive less than a year before the planned launch of its low-cost electric truck. The company is bringing in a former Amazon executive to lead…...

1+ day, 9+ hour ago  (843+ words) The estimated delivery waiting time for the third-generation Nio ES8 has been shortened to less than a month, the model's configurator page showed on Monday. Shorter wait times and a slower rate of milestone growth suggest demand for the company's best-selling…...

1+ day, 10+ hour ago  (1659+ words) Canada assembled 1.2 million vehicles in 2025 " a third fewer than it built before the Covid-19 pandemic and a decline that one of the country's largest banks says represents a structural break. In a report titled "Recharging Canada's Auto Industry," BMO warned…...

1+ day, 10+ hour ago  (833+ words) Tesla shares extended last week's decline on Monday morning, trading below $382 for the first time in nearly six months. Shares of the Elon Musk-led company fell more than 3% to a new five-month low of $381.40 during early trading, after slipping to…...

1+ day, 13+ hour ago  (1856+ words) China's passenger car market is expected to recover in March after a sharp February slowdown, with automakers deploying more than 30 new and revamped model launches. Car sales declined in February as the record-long Spring Festival holiday reduced the number of…...