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Lucid Group will begin a search for a new CEO after it said its current leader, Peter Rawlinson, has stepped aside to serve in a strategic advisory role.

Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.

BLYTHEWOOD, S.C. — Volkswagen-backed Scout Motors allows customers to buy the company’s EVs on an app, but that's not allowed in South Carolina.  

Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs and dimming demand for plug-in cars.

The level of stakeholder buy-in required to propel electrification in trucking cannot be overstated, as a single example in California illustrates.

The company, a subsidiary of ZO Motors, plans to manufacture zero-emission commercial vehicles at the new 210,000-square-foot plant, starting in the first half of 2025.

DETROIT — There is optimism about the EV industry's future in Michigan, a state retooling from America’s most recognizable auto hub to its No. 1 destination for electric vehicle investment.

Battery maker LG Energy Solution said it will make major cuts to spending this year, though it expects a rebound in sales, as major uncertainties hang over the global electric vehicle sector.