Fisker’s Bankruptcy Leaves Investors Asking Hard Questions About EV Viability
EV manufacturer Fisker filed for bankruptcy due to cash flow and manufacturing issues. Other EV makers like Tesla, Rivian, and Lucid may also face challenges.
Stellantis Recalls Over 1M Vehicles In US Over Rearview Camera Image Display Issues
Stellantis NV is recalling over a million vehicles in the U.S. due to a rearview camera issue, adding to its already high number of recalls this year.
Tech Innovation To Solve EV Challenges
Tesla Inc (NASDAQ: TSLA) got the lead on the EV front as a pioneer with Elon Musk’s visionary leadership. But regulatory challenges, competition and an unfavorable macroeconomic environment made the ambitious Tesla focus on making an affordable vehicle while autonomous driving remains work in progress.
What’s Happening With Chrysler-Parent Stellantis Stock On Friday?
Stellantis NV (NYSE: STLA) plans to shift Leapmotor EV production from China to Europe in response to the EU's new tariffs, aiming to reduce the financial burden of increased import costs. CEO Carlos Tavares states the move could counter the effects of global trade tensions.
GM To Reach EV Profitability By Year-End Despite Making Less EVs
With the EV adoption in the U.S. being slower than anticipated, General Motors (NYSE: GM) revised this year’s expected EV sales and production, while being launching its newest EVs, including its new entry-level Chevrolet Equinox EV.
What’s Going On With Chrysler-Parent Stellantis Stock Today?
Stellantis shares lower premarket on Thursday. The company confirmed 2024 financial guidance and capital return plan of ≥€7.7 billion.
China Vows To ‘Firmly Safeguard’ Interests Against New EU Tariffs As EV Makers, Experts Give Mixed Reactions
The decision is part of the EU's strategy to address concerns over Chinese industrial overcapacity flooding the market with low-cost products.
Stellantis’ Chrysler Recalls Certain Dodge & Ram Trucks Due To Software Glitch
Chrysler recalls over 211,000 vehicles in the US due to software issue that could disable electronic stability control.
Forget Tesla And Rivian: America’s Iconic School Bus Maker Smokes EV, Auto Giants With 117% Stock Surge
This growth comes as the company capitalizes on the Biden administration's Clean School Bus Program, venturing into the electric bus segment.
GM And Ford Show Electric Pickups And SUVs Refute The EV Slowdown
General Motors (NYSE: GM) CEO Mary Barra assured investors that electrification is well underway with May being GM’s best ever EV sales month, defying the slowdown even the EV king, Tesla Inc (NASDAQ: TSLA), is struggling with.