August 2022

Lucid launches ‘Stealth Look’ to bring new personality to Air EV

Lucid Group launched a new “Stealth Look” option exterior design theme for its Air electric vehicle that brings a new “darker and overtly sporting personality” to the car. Available on Lucid’s Air Grand Touring Performance, Air Grand Touring, and Air Touring configurations, the new changes to 35 of the vehicle’s exterior components bring a darker […]

Lucid launches ‘Stealth Look’ to bring new personality to Air EV Read More »

Elon Musk willing to finish Twitter buyout under original terms — under one condition

As it turns out, Elon Musk is still willing to complete his Twitter buyout at the agreed-upon price of $44 billion, or $54.20 per share. The social media company just has to provide its method of sampling accounts and how they’re confirmed to be real. Musk and Twitter are currently engaged in what is shaping

Elon Musk willing to finish Twitter buyout under original terms — under one condition Read More »

Mazda MX-30 sales drop to eight units in July 2022

In July 2022, Mazda North American Operations (MNAO) reported that it had sold 23,393 vehicles. Without the sales of its all-electric MX-30 crossover, Mazda would have sold 23,385 vehicles instead. As noted by the Japanese automaker in a press release, Mazda’s July 2022 sales represented a decrease of 28.5% compared to the company’s vehicle sales

Mazda MX-30 sales drop to eight units in July 2022 Read More »

Tesla’s ‘F1’ Service strategy eliminates same-day loaner vehicles, Uber credits

Tesla’s focus on quick and efficient service visits with inspiration from Formula 1 pit crews is bringing closure to the company’s offering of loaner vehicles and Uber credits for same-day fixes. Tesla’s Service Centers are strategically placed across the country and allow owners to receive repairs from technicians trained by the company. However, Tesla’s Service

Tesla’s ‘F1’ Service strategy eliminates same-day loaner vehicles, Uber credits Read More »

Stellantis enters joint ventures for manufacturing in France

Stellantis has invested in two joint ventures for manufacturing in the Lorraine region of France. The company says it has “deployed a vertical integration strategy designed to increase control of the global electrification value chain.” Emotors, a 50/50 joint venture with French motor manufacturer Nidec Leroy-Somer, will start production this year. The first product will

Stellantis enters joint ventures for manufacturing in France Read More »

Nikola acquires Romeo Power to bring battery pack production in-house

Colorful electric truck startup Nikola Motor (NASDAQ: NKLA) will acquire energy storage specialist Romeo Power (NYSE: RMO) in an all-stock transaction. The deal values Romeo’s equity at approximately $144 million. Headquartered in Cypress, California, Romeo is focused on designing and manufacturing battery modules and packs for commercial vehicles. As Romeo’s largest customer, Nikola expects the

Nikola acquires Romeo Power to bring battery pack production in-house Read More »

Translate »