Lucid Group (NASDAQ:LCID) faces quite the headwinds in the EV sector, in terms of both production ... Air sedan and topped ...
EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... positive by the end of the year.” The EV startup had 16,790 workers as of Dec. 31 ...
(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 ...
Lucid’s record deliveries come after cutting prices last year and shaving even more off in February. EV startup Rivian (RIVN) also beat expectations after delivering 13,588 vehicles in Q1.
Several analysts are bracing for the EV maker’s sales to potentially shrink ... The stock slipped as much as 1.2% before the start of regular trading. Tesla staff have been fearing potential ...
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 ...
A year ago Lucid was in the midst of cost cutting measures, reducing prices for the Air sedan while also reducing its headcount. In fact, the luxury EV maker ... away from the start of Gravity ...
Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround ...
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 ...