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Lucid raises new capital from Saudi Arabian investor

US carmaker Lucid Motors says it is raising one billion dollars in capital from an affiliate of Saudia Arabia's Public Investment Fund (PIF). Lucid Motors will use the new cash for "general corporate purposes," such as capital expenditures and working capital.

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Nissan wants to achieve cost parity between EVs and combustion engines by 2030

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Tesla allegedly cuts production in Giga Shanghai

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Stellantis considers building electric cars for Leapmotor in Poland

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Mercedes-Maybach EQS 680 SUV starts at over 200,000 euros

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Lunaz Group completely shuts down production

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Seres wants to export 50,000 electric cars in 2024

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MG Motor launches India joint venture with JSW

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Audi’s electric compact model could use the MEB

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Cupra to launch electric Formentor before 2030

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Renault to offer remanufactured drives and batteries in after-sales

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BMW presents the Vision Neue Klasse X concept

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VW ID. Buzz gets an all-wheel drive – with a sporty GTX variant

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VW Group relies on autonomous driving assistants from Mobileye

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Xpeng increases turnover and losses

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JLR launches recruitment drive for UK sites

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New Citroën ë-Berlingo starts at 37,990 pounds

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Peugeot presents seven-seater SUV – the e-5008

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Bentley pushes back electric target

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Ford may be planning a compact electric car for 25,000 dollars

BMW will also build ‘Neue Klasse’ cars in Regensburg