Latest Stories
- Deutsche Bank Rebuilds Nio Stake, Doubles XPeng Holdings in Q1
- Bezos Family Office Head Steps Down From Slate’s Board
- Tesla Faces Backlash in Canada After Lowering Model 3 Charging Speed, Warranty
- Stellantis-Leapmotor Pact Expands to Cover Madrid Plant, Joint Opel EV Model
- Deutsche Bank Grew Lucid Stake in Q1 as Stock Continued Sliding, Filing Shows
Polestar Q1 Gross Margin Swings Negative as Cash Falls 42% in Three Months
Geely-backed EV brand Polestar reported wider losses and a sharp deterioration in gross margin in the first quarter of 2026, with revenue stagnating despite volume growth as competitive pressures, tariffs, and adverse pricing dynamics offset cost reductions.
Rivian CEO Names Tesla as Sole Peer in Software-Defined Vehicle Race
Rivian’s founder CEO RJ Scaringe declared on Wednesday that only Rivian and Tesla have broken free from the fragmented, supplier-driven software architecture that still defines nearly every other vehicle on the road.
Canada Weighs Cap on Automakers Under China EV Deal: Report
Canadian government officials are debating whether to limit how much of the country’s 49,000-unit annual quota for Chinese-made electric vehicles any single automaker can claim.
BMW Takes Direct Aim at Rivian R2 with iX3 Now Available from $61,500
The 2027 BMW iX3, the first model under the Neue Klasse program, opened US orders on Wednesday with a starting price of $61,500.
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