Lucid’s CEO Issues Stern Warning originally appeared on Autoblog. Lawmakers are not being easy on small EV makers For years, electric vehicle startup companies like Tesla faced a tough uphill road on their journey toward making a mark on the U.S. auto market. However, they may face an even steeper climb thanks to new developments…
A luxury electric vehicle brand is quietly making an impact in Europe while more people are opting for EVs over gas-powered cars. According to Electrek, Lucid Motors is picking up speed in Europe’s largest auto market, Germany. The car company saw record EV registrations two months in a row. It has had 256 registrations in…
US auto stocks including Tesla, Rivian and General Motors fell on Thursday after a report said that President-elect Donald Trump planned to end the consumer tax credit for electric vehicles. Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, Reuters reported, citing…