electric vehicles

Stellantis electric vehicle prototype in a design studio with digital screens showing blueprints

Stellantis outlines $70B turnaround plan with 60 new models by 2030

Stellantis, the multinational automotive giant formed through the merger of Fiat Chrysler Automobiles and PSA Group, has unveiled a sweeping $70 billion...

Mechanic inspecting wheel hub assembly on a Tesla Cybertruck in a service center

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Business News

Tesla Recalls Thousands of Cybertrucks Over Risk of Wheels Detaching While Driving

Tesla has issued a recall for a significant number of its Cybertruck pickup trucks after identifying a manufacturing defect that could cause...

Porsche Taycan in a dimly lit showroom, representing the company's strategic retreat from EV subsidiaries.

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Technology News

Porsche closes battery, e-bike, and software units in sweeping cost-cutting overhaul

Porsche is closing three of its subsidiaries — including its high-profile battery venture Cellforce Group — as the German automaker confronts declining...

Tesla factory floor with robotic arm, representing the company's increased capital expenditure.

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Technology News

Tesla Capex Soars to $25B for AI and Robotics Push

April 23, 2026 – Tesla is tripling down on its future. The electric vehicle maker announced it will spend $25 billion on...

A Lucid Gravity SUV in a showroom, highlighting the vehicle's interior and second-row seats.

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Technology News

Lucid Q1 Sales Drop 42% on Seat Supplier Problem

Lucid Group reported a sharp drop in first-quarter vehicle sales, blaming a quality issue with a seat supplier that forced a month-long...

Industrial manufacturing facility for electric vehicle battery anode materials.

155

Stocks News

POSCO Secures $760M Anode Deal for EV Batteries

March 23, 2026 — POSCO Future M, a subsidiary of South Korean industrial giant POSCO Holdings, has secured a major long-term contract...

Faraday Future electric vehicle outside corporate offices following SEC investigation closure.

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Technology News

SEC Ends Faraday Future Probe After Four Years

The U.S. Securities and Exchange Commission has closed its lengthy investigation into electric vehicle startup Faraday Future, according to sources familiar with...