Lucid shares jump as it secures $300 million investment from Uber for next-gen robotaxi fleetLucid Group and Uber have finalized a deal. Uber invests $300 million in Lucid. They will develop autonomous robotaxis. Lucid will manufact...
06 Sep, 2025, 11.38 AM IST
Uber in talks with banks, private equity firms to fund robotaxi expansionThe company has been offering robotaxis from Alphabet-owned Waymo on its ride-hailing app in Austin and Atlanta. It also struck a $300 mill...
06 Aug, 2025, 11.23 PM IST
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
Uber to invest $300 million in EV maker Lucid as part of robotaxi dealShares of Lucid surged more than 56% to $3.58 in trading before the bell after the company also said it had proposed a one-for-ten reverse ...
17 Jul, 2025, 06.15 PM IST
Is New York turning against Tesla? Lawmakers push to shut down Elon Musk’s dealershipsNew York legislators plan to shut down Tesla's dealerships. A bill aims to remove a waiver allowing Tesla's direct sales. Senator Patricia ...
28 Apr, 2025, 11.10 PM IST
Tesla debuts in Saudi Arabia with first showroom and service center in RiyadhTesla has officially launched operations in Saudi Arabia, showcasing its Cybertruck and Model Y. This move signals improved relations betwe...
12 Apr, 2025, 07.41 PM IST
Amit Shah releases reference books on newly passed criminal justice lawsThe three new laws -- the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act -- got Parliament's...
30 Dec, 2023, 07.15 PM IST
Tesla, Saudi Arabia in early talks for electric vehicle factory: ReportThe report comes just hours after Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a vehicle factory in Turkey, accordin...
18 Sep, 2023, 05.45 PM IST
Lucid CEO says Aston Martin EV tech deal is just the beginningThe U.S. EV firm will provide Aston with technology including a rear drive unit with twin motors, battery modules and software for integrat...
29 Jun, 2023, 10.27 AM IST
EV maker Rivian takes bold bet with higher-priced vehicles amid heating competitionRivian calmed investor nerves this week by sticking to its 2023 production target and reporting better-than-expected quarterly revenue in a...
11 May, 2023, 09.37 AM 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
Biden administration holds EV industry meeting with Tesla's Musk, GM's BarraMusk has often been at odds with the White House, frequently firing off harsh tweets directed at President Joe Biden. In February, Biden pu...
07 Apr, 2022, 11.04 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
- IndiaMART.com launches mega sourcing portal
Founded in 1996, the company has a presence in over 100 cities pan-India.
06 Oct, 2009, 07.41 PM IST