Lucid Motors chose the executive Air sedan as its debut model, which set records for efficiency and range but has stalled in the sales race. The EV startup could have better luck with the Gravity crossover next year. When Lucid began production of the Air in late 2021, analysts suggested the market for a large
U.S. market share for electric vehicles rose to 7.2 percent in the January to July period, according to new-vehicle registration data from Experian, with Tesla spurring demand with escalating price cuts throughout the year. New U.S. EV registrations rose to 655,986 in the seven-month period for a 67 percent rise over the year-earlier period when
Rivian Automotive has struggled over the past two years with supply chain constraints, billions of dollars in financial losses and a deflated stock price while ramping up production at its sole plant in Normal, Ill. But the California automaker’s first two consumer products, the R1T pickup and R1S crossover, have been heaped with praise, opening
Fisker Inc. is just out of the gate with customer deliveries of its first production vehicle, the Fisker Ocean midsize crossover, in June. But the automotive newcomer has big product plans for the next few years, including an electric pickup. Henrik Fisker, CEO and founder of the EV startup, said the company is entering a
Electric vehicle newcomer VinFast Auto plans to import three additional crossovers to join its midsize VF 8 that went on sale this year. Most of the automaker’s lineup is scheduled to be assembled at a $2 billion North Carolina factory, starting in 2025. VinFast is off to a slow start for VF 8 sales, with
The industry shift to EVs is bringing fresh perspectives on automotive styling and utility, with everything from Tesla’s brutalist Cybertruck to the nostalgia of Volkswagen’s ID Buzz minivan right around the corner. Startups are driving a lot of the experimentation, although legacy brands are finally transforming their electric concept vehicles into real ones. VW is
The highly anticipated freshen of the 6-year-old Tesla Model 3 brings some badly needed luxury touches to the compact sedan, along with some quirky ergonomic choices and some missed opportunities to appeal to more traditional car buyers. On the one hand, the pioneering Tesla now offers ventilated seats and a rear infotainment screen on its
Tesla Inc. is not known for regularly updating the interior and exterior hardware of its four models, relying instead on software updates to add features and keep the vehicles feeling fresh. But that’s about to change. The brand’s original mass-market vehicle, the Model S sedan, doesn’t look much different than a decade ago. Tesla did
NORMAL, Ill. — Rivian Automotive CEO RJ Scaringe likens the launch of the in-house Enduro electric motor to the EV maker’s start of vehicle production two years ago. While less important than launching an entire brand, the Enduro’s arrival this year opened up possibilities for the startup, which had been struggling with supply chain shortages
EV share of the new-vehicle market flattened out at 7.1 percent across the first half of the year after growing steadily in 2021 and 2022, according to U.S. new-vehicle registration data from Experian. Is the party over? Hardly. But in the fast-growing U.S. market of the moment, as microchip supplies improve and the production of
