EV Sales - Page 4

EV Sales

Lucid Motors: New EVs, New Leadership, and a Bumpy Stock Ride

Lucid Motors plans to more than double its electric vehicle output by 2025, aiming for 20,000 vehicles. The stock fell nearly 12% despite positive fourth-quarter financial results, generating $234.5 million in revenue. CEO Peter Rawlinson’s departure creates uncertainty; his leadership was crucial

26 February 2025

Apple·Electric Vehicle·EV·EV Sales·News·Rivian

Is Elon Musk’s Political Shift Hurting Tesla’s EV Sales?

Tesla faces declining favorability ratings among potential EV buyers, with 37% expressing unfavorable views. The shift in consumer sentiment is partly driven by concerns over Elon Musk’s political affiliations. Affluent, environmentally conscious consumers feel alienated by Musk’s alignment with far-right politics. While

5 February 2025

Batteries·Charging·Electric Vehicle·EV·EV Sales·News

Toyota’s Electric Revolution: How the Auto Giant is Shaping the Future of EVs

Toyota’s revenues reached ¥12.391 trillion ($80.95 billion) in the third quarter, a 2.9% increase. The company’s net profit soared 62% year-over-year, hitting ¥2.193 trillion ($14.21 billion). Aiming for ¥4.7 trillion ($31 billion) profit forecast in fiscal year 2025. Establishing a Lexus EV

5 February 2025

Battery Technology·Electric Vehicle·EV·EV Sales·News·NIO

Toyota Shocks the Auto World with New EV Plant in Shanghai

Toyota is building an electric vehicle plant in Shanghai for its luxury Lexus brand. The company’s annual net profit forecast has increased to $30 billion, indicating strong growth. China is now the leading nation in vehicle exports, largely driven by electric vehicle

5 February 2025

Batteries·Electric Vehicle·EV·EV Batteries·EV Sales·News

Toyota’s Bold Electric Future: Is This the Turnaround We’ve Been Waiting For?

Toyota is establishing a new company in Shanghai to produce Lexus EVs, targeting a launch by 2027. The planned production capacity is 100,000 vehicles per year, creating around 1,000 local jobs. The automaker’s strategy focuses on innovation to meet the growing demand

5 February 2025

Electric Vehicle·EV·EV Sales·Infrastructure·Lucid·News

Lucid Motors: Can This Electric Visionary Survive the Market’s Storms?

Lucid Motors is renowned for its luxury electric vehicles like the Air sedan and Gravity SUV, though it struggles with market share and investor confidence. Despite an increase in EV sales, Lucid’s share price fell by 72% since 2021, with significant financial

5 February 2025

Charging·Electric Vehicle·EV·EV Sales·News·Rivian

Is Tesla or Rivian the Future of EVs? Discover the Best Investment Opportunity

The electric vehicle market is becoming increasingly competitive, with major players like Tesla and newer entrants like Rivian vying for market share. Tesla holds an 18% market share in battery electric vehicles and is known for its resilience against industry challenges. Despite

4 February 2025

Apple·Cars·Electric Vehicle·EV·EV Sales·News

Tesla’s Struggles in California: Is the EV Giant Losing Its Edge?

Tesla’s electric vehicle registrations in California decreased by nearly 12% last year. The Model Y crossover was the best-selling vehicle in California, with around 129,000 units sold. The Model 3 sedan experienced a significant 36% drop in sales, totaling about 53,000 cars

3 February 2025

Charging·Electric Vehicle·EV·EV Sales·Infrastructure·News

Hyundai’s January Breakthrough: Electric Vehicle Sales Soar By 15%

Hyundai achieved its best sales month ever in January, with a remarkable 15% increase in electric vehicle (EV) sales. The Ioniq 5 was a standout performer, with sales increasing by 54% compared to January of the previous year. Hyundai’s innovative EV strategy

3 February 2025

Charging·Electric Vehicle·EV·EV Sales·Infrastructure·News

Michigan Ignites EV Revolution: $5 Million for Charging Stations in Apartments and Condos

Michigan launches a $5 million program to install EV charging stations in multifamily residences. The initiative aims to enhance accessibility for renters, with 58% of them willing to pay more for EV charging capabilities. Property owners receive support through a comprehensive installation

3 February 2025

Charging·Electric Vehicle·EV·EV Sales·Infrastructure·News

Why the Fallout in EVgo Stock Might Be Your Next Big Investment Opportunity

Investing in EVgo, despite its recent stock decline, may present a unique opportunity for those interested in the EV sector. EVgo has a market cap of approximately $1 billion and is expanding its public charging station network. Electric vehicle sales in the

3 February 2025