Mass EV adoption slows amid headwinds
Social impact, lack of dealer support and struggling business models are hindering mass EV adoption while EV manufacturers Rivian and ...
Tag: EVs
EV Maker Lucid reports worse-than-expected loss in first quarter
Lucid Group Inc. revealed a wider-than-expected loss to start the year as the company contends with production challenges and uneven ...
Chase Auto ‘bullish’ on EVs, private-label
NASHVILLE — Chase Auto remains optimistic about its electric vehicle private-label businesses on the heels of Fisker pausing production and ...
DriveitAway secures $2M credit line
NASHVILLE — DriveItAway Holdings has secured a $2 million credit facility led by Auto Leasing II as the subscription-to-own platform ...
Tesla’s lease portfolio up 5% YoY
Tesla Finance’s lease portfolio grew year over year in the first quarter, but lease penetration and deliveries declined. Lease outstandings ...
Tesla to cut over 10% of workforce in global retrenchment
Tesla Inc. will slash global headcount by more than 10%, Elon Musk wrote in an email to staff, as the ...
EV leasing doubles YoY as sales growth slows
The share of leased EVs more than doubled year over year in the first quarter as the EV sales rate continued to ...
Tesla shares tumble toward make-or-break level in latest wipeout
Tesla Inc.’s disastrous sales report on Tuesday, and traders’ aggressive selling of the stock in the months leading up to ...
