Stellantis CEO Carlos Tavares expects a shortage of EV batteries by 2024-2025, followed by a lack of raw materials for the vehicles by 2027-2028. The CEO of the world’s fourth-largest carmaker, which was formed by the merger of Fiat Chrysler and France-based Groupe PSA last year, expects shortages of the batteries and raw materials needed … Continue reading “Stellantis CEO Issues Dire Warning About EV Battery Shortage”
Tag: electric vehicles
Lucid Reports This Many EV Reservations and Raises its Prices on its Air Sedans
American electric vehicle manufacturer Lucid has reported 30,000 electric vehicle reservations and has raised its…
Stellantis is Planning a $2.8B Overhaul of Two Canadian Factors to Build Electric Vehicles
The parent company of Chrysler, Stellantis, is aiming for a $2.8 billion overhaul in…
China’s Nio Has Halted EV Production Over Supply Chain Issues
This past weekend China-based electric-vehicle maker Nio Inc. warned of delivery delays after suspending production…
GM and Honda Will Make an Affordable Electric Vehicle Line Costing Under $30,000
Car manufacturers GM and Honda have plans to develop affordable electric cars. The ones that…
One of the Most Popular Super Bowl Commercials Took Potshot at Tesla
Polestar, Volvo's performance and electric-vehicle brand which is backed by Leonardo DiCaprio, has taken a…
Toyota Will Build a $1.29B EV Battery Plant in This State
In a move that will create 1,750 jobs, car manufacturer Toyota has announced this week…
Electric Vehicle Start up Lucid Shares Explode After New Reservations
EV-start up company Lucid saw its shares rise this week after executives confirmed new reservations…
EV Start Up Rivian Soars This Week After IPO Passing GM’s Market Cap
Electric vehicle start up Rivian was soaring this week since its market debut on Wednesday.…
General Motors Says it Will Double Annual Revenue by 2030 and Wants to Be Like Tesla
General Motors has some big plans moving forward. The company has announced that it will…
The Spectre is the All Electric New Rolls-Royce Car
Dubbed the Spectre, this vehicle is the all electric new car from luxury automaker Rolls-Royce.…
Tesla’s Chinese Rival Xpeng Makes Hong Kong Debut
Chinese Tesla rival Xpeng made its market debut in Hong Kong on Wednesday, with shares…
Both the CEO and CFO Suddenly Resigned From Electric Truck Maker Lordstown
Shares of Lordstown Motors were falling on Monday as Wall Street learned that the company's…
Biden’s Electric Vehicle Goals Could Send This Stock to $1,300 Says Analyst
According to one analyst, Tesla's share price may be ready to skyrocket to as high…