Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025Uber is making a big move into robotaxis. It is partnering with Lucid and Nuro. The aim is to launch over 20,000 robotaxis. These will be e...
17 Jul, 2025, 07.36 PM IST
What are EV startups doing to ride out weak demand?Fisker filed for bankruptcy protection due to fundraising difficulties and weak demand for its Ocean electric SUV. Rivian, Lucid Group, and...
19 Jun, 2024, 11.04 AM IST
Best Hybrid and Electric Vehicles of 2024: US News & World Report reveals listIf you are an avid car lover and an EV or hybrid car enthusiast, then this ranking list might just be for you as the US News & World Report...
22 Apr, 2024, 09.52 PM IST
What are EV startups doing to ride out weak demand?US electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees ...
08 Mar, 2024, 11.40 PM IST
Alphabet's Waymo recalled vehicles to update automated driving softwareThe ADS systems, which had versions released prior to Dec. 20, may inaccurately predict the movement of a towed vehicle, according to the a...
15 Feb, 2024, 04.39 PM IST
EV maker Lucid launches cheaper Air Pure electric sedanLuxury electric vehicle manufacturer Lucid Group has unveiled a cheaper version of its Air Pure sedan in an effort to boost demand. Priced ...
05 Oct, 2023, 08.13 PM IST
EV startup Lucid to lay off 18% of its workforceLucid, which had about 7,200 employees at the end of last year, will incur between $24 million and $30 million in charges related to the la...
29 Mar, 2023, 11.45 AM IST
Delay in getting justice major challenge faced by people of country: PM ModiIn his video message aired at the inaugural session of the two-day "All India Conference of Law Ministers and Law Secretaries" at Ekta Naga...
15 Oct, 2022, 03.19 PM IST
Elon Musk exercises more options, sells Tesla shares worth $973 millionOver the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on ...
17 Nov, 2021, 01.06 PM IST
Tesla's Elon Musk exercises more options, sells $973 million for taxesElon Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the S...
17 Nov, 2021, 10.58 AM IST
Rivian, electric vehicle startup, unveils large losses in IPO filingRivian, founded in 2009, makes an upscale truck and a sport utility vehicle, both designed to be driven off-road. “Now, there’s a way to ex...
02 Oct, 2021, 10.27 AM IST
Electric-car startup Lucid to follow Tesla into energy storageLucid aims to have a prototype of a commercial system installed at its headquarters by the start of next year that will store power generat...
10 Sep, 2020, 12.22 PM IST
Electric cars are about to start rolling out of the Arizona desertLucid says it has actually accelerated hiring, adding 120 new employees since mid-March, and is currently advertising 250 open positions.
24 May, 2020, 12.23 PM IST
Tesla’s 2020 advance blows past 100%, leaving Wall Street in aweTesla rose as much as 24% to $968.99 Tuesday before plunging suddenly in the last few minutes of trading, trimming share prices by more tha...
06 Feb, 2020, 10.09 AM IST
Saudi fund breathes new life into Lucid after going mum on MuskThe transaction clinches long-sought funding that was crucial to Lucid getting its first model, the Air sedan, into production.
18 Sep, 2018, 09.49 AM IST
Tesla wannabe is back in spotlight with shot at Saudi investmentLucid Motors, a startup co-founded 11 years ago by a Silicon Valley veteran, is in the spotlight following news reports over the weekend th...
21 Aug, 2018, 10.24 AM IST
Ex-Tesla team with new electric vehicle in works missing just one thing: CashThe nascent carmaker unveiled its Air prototype in December and had said it would start production of its all-electric luxury sedan in 2018...
15 Apr, 2017, 12.07 PM IST