Rivian Automotive said it would lay off 10% of its salaried workforce and expects vehicle output to be flat this year, citing tougher market conditions for its electric trucks. The startup said ...

Lucid Group on ... designed to jump-start sales. Tesla—the top-selling EV company in the U.S.—as well as General Motors, Ford Motor, Hyundai Motor and Kia all cut prices as the pace of EV ...

A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.

Lucid says the cash investment will keep the company funded through the fourth quarter of 2025. That's certainly good news for the EV start-up, and it ... that made the cut could produce monster ...

This week, Rivian (RIVN) and Lucid Group (LCID) – both among the few credible, well-funded, and quality startup electric vehicle (EV) plays ... on the other hand, cut its 2024 capex ...

North America dropped from 77% in the second-half of 2020 to a still-leading 48% in the first half of 2024: Bernstein Canoo reined in costs, cutting ... The EV startup reiterated its previous ...

A startup that is out to electrify recreational ... Other members of the team have worked at Rivian and Lucid in addition to Tesla. Parker is based in San Francisco, where Lightship does research ...

He also stated that a startup should work with the mindset of a MSME. In the following video, Shetty shares insights on his journey in entrepreneurship, his interest in EV startups, top 5 mantras ...

It is designed to give a European start-up alternative the Lucid Air ... a radical combination of cutting-edge sustainable materials, ultra-advanced EV technology, smart manufacturing technologies ...

Stocks Fall As Inflation Data Chills Rate-Cut Excitement ... Chris Katje Lucid Teases Upcoming Midsize SUV Meant To Rival Tesla's Model Y California-based EV startup Lucid Group on Tuesday ...

despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. Comparatively, Lucid's latest model is positioned at a slightly higher price point ...