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Rivian production numbers reached a milestone as its 100,000th EV rolled off the production line, after releasing its R2, R3, and R3X models last month.
Lucid is raising $1 billion from an affiliate of Saudi Arabia’s Public Investment Fund, bolstering its 2024 release of Gravity, the all-electric Lucid SUV.
The 5% EV tipping point happened in 31 countries in the fourth quarter of 2023, leading to mass EV adoption by mainstream car buyers around the globe.
An electric car lease could be right for you if you drive less than 12,000 miles annually and don’t want to worry about battery life or price drops.
Tesla production numbers hit 6 million EVs in March, while Tesla’s stock took a significant dive in the first quarter of 2024, marking a 29% plunge.
Rivian faces hurdles but beats Q1 2024 goals, producing more EVs. Investors worry about future targets staying flat.
Despite a 20% drop in deliveries, Tesla produced 433,000 electric vehicles and deployed 4,053 MWh of energy in Q1 2024, facing fierce competition.
Join Drive Electric Earth Month for nationwide EV and sustainability events offering test drives, learnings, and connections with like-minded individuals.
Q1 2024 BMW sales surged by 2.4%, with electric vehicle sales constituting 12.7%, showcasing the brand’s dominance in EV sales.
The Hyundai Kia Automotive Group said it will invest $51 billion over three years to ramp up production of its Hyundai EV cars.
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