Cleantech & EV'sNews

Lucid Motors (LCID) Q2 2023 results: Revenue holds, deliveries slip on path to 10k+ annual units

Lucid Motors shared its financial report for Q2 2023 this afternoon, ahead of its call with investors later today. The financial details follow a production report made public last month that shows a decrease in deliveries for a second straight quarter. Still, Lucid’s revenue has held steady and its liquidity is strong, providing optimism the young American automaker can reach its annual…
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Cleantech & EV'sNews

Rivian (RIVN) Q2 earnings preview: EV production and pricing come into focus

EV maker Rivian (RIVN) is set to release its second-quarter 2023 earnings after the bell on Tuesday, August 8. Amid of wave of EV price cuts and lowered guidance, investors will be watching production and pricing closely in Rivian’s Q2 earnings report. Rivian Q2 2023 earnings preview Rivian shattered analyst expectations after delivering 12,640 models in the second quarter. Analysts were looking…
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Cleantech & EV'sNews

Stellantis to entice consumers with more affordable EVs, like new Fiat priced under €25K

In order to compete with other automakers and garner a larger slice of the EV market, Stellantis shared that it is developing a second, lower-priced EV inspired by the Panda from its sub-brand Fiat. The new Fiat EV is expected to arrive priced below €25,000. Today’s news is one of several strategies multinational automotive corporation Stellantis is enacting to not only stay relevant in an…
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Cleantech & EV'sNews

The surprising rise of electric golf carts as 'second cars' in the US

In recent years a surprising vehicle trend has quietly gained momentum across the US. Believe it or not, electric golf carts are becoming a popular choice as “second cars” for many American families. These compact, efficient, and versatile vehicles are increasingly being seen far beyond the confines of the country clubs, zipping around neighborhoods and making regular appearances in local…
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