SHANGHAI/BEIJING (Reuters) – China has sent a clear signal that it is ready to end subsidies to its electric car industry after years of heavy government support fueled a boom that left the world’s second-largest economy with a huge oversupply and spurred it to push into global auto markets. Top policymakers did not include electric … Read more
This year, Rivian had two quarters of a positive gross profit and will start selling a new, cheaper R2 SUV next year. However, recently, the company has been immersed in a major loss, and its vehicle delivery estimates are 18% lower than last year. The EV industry is retreating from the loss of federal tax … Read more
The electric vehicle industry is currently exposed to large winds. Lucid vehicles are expensive and leadership stability is a high question mark. It is best to wait and see the attitude towards clear promotions, not to buy. 10 shares we like more than Lucid Group › The electric vehicle industry is enticing because, despite some … Read more