EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... as per the report. The EV startup had 16,790 workers as of Dec. 31, as per the report ...
(Reuters) -Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market as the startup ...
Lucid Group on ... designed to jump-start sales. Tesla—the top-selling EV company in the U.S.—as well as General Motors, Ford Motor, Hyundai Motor and Kia all cut prices as the pace of EV ...
Electric vehicle shares mostly advanced this week, riding high on the broader market strength as the Federal Reserve hinted ...
Lucid Group (NASDAQ: LCID) is among the several electric vehicle (EV) start-ups that have been compelled to cut prices of their cars and accept dwindling margins because of a global slowdown in ...
Lucid’s record deliveries come after cutting prices last year and shaving even more off in February. EV startup Rivian (RIVN) also beat expectations after delivering 13,588 vehicles in Q1.
The electric-vehicle startup ... Alpha. Lucid in February had cut prices of its flagship Air sedans by 1% to 10% to support demand at a time when consumers are rethinking EV purchases and turning ...
It's been a rough go for electric vehicle (EV) start-ups lately, Lucid Motors (NASDAQ: LCID) included. The company has cut production forecasts numerous times, slashed prices on its only vehicle ...
A year ago Lucid was in the midst of cost cutting measures, reducing prices for the Air sedan while also reducing its headcount. In fact, the luxury EV maker ... away from the start of Gravity ...
Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air ... more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in ...