EV startup announced that "vehicle re-assembly operations" are expected to begin next month at its second factory.
Author: Dan Mihalascu
While Q2 revenue and net loss missed market estimates, Lucid said it has enough cash to start production of Gravity SUV in late 2024.
The model will become Stellantis' second affordable EV priced under 25,000 euros after the previously announced Citroën e-C3.
The Tesla Model Y involved in the dangerous high-speed police pursuit near West Memphis, Arkansas had been rented on Turo.
Lucid has slashed prices by $10,650 on its base Pure trim and $12,550 on the mid-range Touring and upper-range Grand Touring trims.
Cadillac's marketing boss said the starting price is for the "blank canvas" before buyers add their personal finishes.
Production at CAMI Assembly restarted on July 31 after a two-week pause caused by a shortage of Ultium batteries.
Report claims VW is in talks with Chinese EV startup Leapmotor to buy a new EV platform for its China-only Jetta brand.
The researchers from Germany also managed to extract the encryption key used to authenticate the car to Tesla's network.
The lawsuit filed in California cites a July 27 report from Reuters that claimed Tesla exaggerated the range of its EVs.