Polestar 5 sedan reveals production timeline, up against Tesla, Lucid

Highlights Rivian’s first electric pickup truck, R1T, was delivered to clients a couple of months ago. Rivian’s IPO is the sixth-largest listing of all time in a US exchange. The Irvine, California-headquartered Rivian is on trac...

Highlights NIO’s total revenues were RMB 9,805.3 million or US$1,521.8 million in the quarter, an increase of 116.6% from the same period a year ago. NIO’s vehicle sales were RMB 8,636.8 million or US$1,340.4 million in the quarter...

The electric vehicle industry received a major boost after the UN conference of parties or COP26 recently set new targets for pollution reduction. The countries aim to reduce greenhouse gas emissions by 30% from the 2020 levels. The COP26 summit in ...

Electric vehicle makers Rivian Automotive and Lucid Group Inc. (NASDAQ: LCID) have delivered their much-awaited inaugural EV models to customers over the weekend as they make market debut. California-based Lucid delivered its Lucid Air sedans on S...

The EV market is one of the sectors that investors have been keeping a close watch on lately. Earlier this year, President Joe Biden had set a target to make half of all automobiles sold by 2030 energy vehicles. In addition, his administration ha...

Highlights GM’s revenue dropped to US$26.8 billion in the quarter from US$35.5 billion a year ago. At the same time, profit declined to US$2.4 billion from US$4.0 billion in the comparable quarter a year earlier. In a letter to sharehol...

Highlights Tesla Inc’s (TSLA) revenue rose to US$13.76 billion in the third quarter, beating estimates. Tesla said it sold more Model 3 and Model Y cars, which are lower-priced, during the quarter. In addition, Tesla’s Shanghai fac...

Stocks of General Motors Company (NYSE: GM) and Avis Budget Group, Inc. (NASDAQ: CAR) rose 3% and 8%, respectively, in intraday trading on Friday. The GM stock traded at US$58.16, up 3.05%, while the CAR stock traded at US$136.39, up 7.86%, at aro...

Highlights Ford Motor Company’s (NYSE: F) revenue increased by 38 percent YoY in Q2, FY21. Fisker Inc’s (NYSE: FSR) revenue was US$27 thousand in Q2, FY21. Xpeng Inc. (NYSE: XPEV) delivered 25,666 vehicles in Q3, FY21. The EV ...

Highlights XPeng Inc. (NYSE: XPEV) delivered 10,412 vehicles in September. NIO Inc. (NYSE: NIO) delivered 10,628 vehicles globally in September. The revenue of XPeng Inc. (NYSE: XPEV) surged 536.7% YoY in RMB3.76 billion. The stocks of XP...