Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’
The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."
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The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.
The Škoda Peaq, which will debut this summer as the European automaker’s flagship model, seats seven and has an intriguing design. It will almost certainly come with a hefty price tag.
RJ Scaringe, the CEO of Rivian Automotive, joined us for a wide-ranging interview about how his company’s new electric SUV fits into the current EV industry, and what comes next.
The exec, Emad Dlala, has left just a few months after being promoted to SVP of engineering and digital, TechCrunch has learned.
The automaker today is turning on vehicle-to-grid charging for its GM Energy customers. Will people actually use it?
Founder and CEO RJ Scaringe has called it "maybe the most important thing we've launched to date."
With a competitive price, winning design, and better performance than the R1, Rivian could be set to break into the big leagues. Just make sure you get the right model with the right tech.
From San Francisco to Stockholm, a new generation of electric ferries is entering passenger service, marking a tipping point for green maritime technology.
The company announced a deal with B2U Storage Solutions to repurpose the battery packs as Waymo pulls them off the road.
Used Waymo batteries will bolster California and Texas energy storage projects.
The first electric Ferrari is already this year’s most divisive car. We asked three Italian auto industry professionals to explain where the EV’s design makes sense, and where it doesn’t add up.
The Bezos-backed EV startup has yet to announce final pricing for its vehicle, which is supposed to start shipping by the end of this year.
The Bezos-backed EV startup has yet to announce final pricing for its vehicle, which is supposed to start shipping by the end of this year.
At least two owners have lost control of their vehicles after a critical suspension component broke. In both cases, the vehicles had been previously serviced.
The company has finally set a date for the first customer deliveries of what CEO RJ Scaringe has said is "maybe the most important thing we’ve launched to date."
Designed by Jony Ive and a host of ex-Cupertino colleagues, the Luce shows us what might have been had Apple made good on its $10 billion bet.