Rivian’s stocks plunged 6% during the after-hours trade after the announcement prompting analysts to take a closer look at the subdued outlook.

During Q1 trading the Munich based carmaker saw a slump in the profit margin of the automotive segment.

In accordance with the new contract, BYD will co-operate with CATL to supply Onvo with a smaller battery pack.

This projection aligns with its investment plans in “human capital,” including support for labour costs at suppliers and dealers.

The production at the Gruenheide plant will be suspended for a day on May 10, as manager André Thierig announced on social media.

The figures showed that the company sold 62,167 EVs of Chinese origin in April compared to the decrease of 18% to the same period last …

Tesla conducted the recall in order to install necessary safety features to the Autopilot system.

French manufacturers are making frantic efforts to rollout e-vehicle versions across their lineups.

The Tesla recall resulted from the NHTSA, which had formally asked for it over indication of touchscreen malfunctions.

Zeekr concluded a round of funding in February 2022 to obtain a valuation of USD 13 billion.