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EV Maker Lucid Reveals SEC Investigation

Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.

December 6, 2021

Musk Says Cybertruck Will Be Able to Drive Diagonally

Elon Musk, CEO of Tesla, responded to a tweet speculating about what versions of the Cybertruck will be available for purchase by saying initial production will be of the four-motor variant.

December 3, 2021

Ford Sales Tops Again; Poised to Outsell GM’s EVs

Ford Motor Co. claimed it was the best-selling automaker in the U.S. for the third consecutive month in November, a streak it hasn’t achieved since 1974, as it reported a 5.9% year-over-year sales boost for the month.

December 3, 2021

Elon Musk’s Tesla Share Sales Pass $10 Billion

Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.

December 3, 2021

US Unveils New Cyber Mandates for Passenger, Freight Rail Carriers

Major passenger and freight railroads will soon be required to report cybersecurity breaches quickly and review how susceptible they are to cyberattack, senior officials at the U.S. Department of ºÚÁϳԹÏÍøland Security said Dec. 2.

December 2, 2021

GM Venture to Build Battery Chemical Plant

General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

December 1, 2021

Texas Regulator Closes Draft Gas-Winterization Loophole

Texas’s top oil and gas regulator voted Nov. 30 to more clearly define who will be at the top of the list to keep receiving electricity during severe winter weather.

December 1, 2021

State DOTs Explore Roadway Charging to Support Electric-Powered Vehicles

Magnetic concrete that charges electric vehicles as they drive over it could be coming to an Indiana roadway in the next few years.

November 30, 2021

Rising Battery Costs Hit Carmakers

Soaring commodity prices and supply chain bottlenecks threaten to push up the cost of batteries seen as crucial in the fight against climate change.

November 30, 2021