According to the report, Lucid CEO Peter Rawlinson announced the layoffs, saying that the company needed to do so in order to cut costs as the EV startup struggles to get cars on the road and ...
Stellantis shifts engineering jobs to low-cost countries like Morocco, India, and Brazil to counter Chinese EV ... cutting ...
(Reuters) -Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market as the startup ...
EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... as per the report. The EV startup had 16,790 workers as of Dec. 31, as per the report ...
Lucid Group (NASDAQ: LCID) is among the several electric vehicle (EV) start-ups that have been compelled to cut prices of ...
The electric-vehicle startup ... Alpha. Lucid in February had cut prices of its flagship Air sedans by 1% to 10% to support demand at a time when consumers are rethinking EV purchases and turning ...
Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with ...
Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air ... more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in ...