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EV maker Lucid Motors is launching its Gravity SUV in 2025 while facing significant financial pressure, highlighted by a nearly $1 billion net loss in Q3 2025 and supported by a newly expanded $2 billion credit facility from its primary investor.
The European Union is signaling a significant shift away from its planned 2035 ban on new internal combustion engine (ICE) cars, moving towards a less stringent 90% CO2 reduction target. This policy adjustment creates a divide in the auto market, favoring legacy automakers while posing risks to EV-only manufacturers who have invested billions based on the original deadline.
Rivian announced its "Generation 3" autonomous platform will incorporate LiDAR, radar, and high-resolution cameras, diverging from Tesla's camera-only approach. The move was met with investor skepticism, as Rivian's stock fell 1.4% following the announcement.
Two New York dealerships are suing Ford, alleging underpayment for EV battery warranty replacements by nearly $1 million. The dispute centers on reimbursement rates, potentially setting a precedent for dealer-manufacturer relations in the EV era.
Uber's stock fell 3.8% following a Morgan Stanley price target reduction and European regulatory challenges. Despite the dip, the company advanced key growth initiatives, including a robotaxi launch in Dallas, while most analysts maintain a bullish long-term outlook on its autonomous vehicle and data monetization strategies.