Battery and Components
Norwegian battery materials firm seals GM deal
Another step in the US building out ‘China-free’ battery supply chains
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Fisker
Fisker looks for OEM partner lifeline
Struggling EV start-up is pursuing collaboration and investment to save its planned EV models
Volkswagen
VW and Xpeng ink partnership agreements
Firms agree on technical collaboration and to work jointly on components sourcing in China
Tesla
Musk's Roadster goals risk another Tesla distraction
Tesla automotive sales growth relies on a successful mass-market Model 2 launch, but Musk has his eyes elsewhere
Charging and Grid
Mercedes charging network appoints executives
Firm's JV with MN8 plans to install 400 charging stations across North America
Battery and Components
Electra converts debt to equity ahead of refinery construction
Battery materials firm defers interest payments on convertible notes
Corporate Strategy
New Fiat range announcement hints at EV trepidation
A number of European firms are hedging their bets with continued ICE vehicle production
Corporate Strategy
Faraday Future announces reverse stock split
CEO Matthias Aydt updates shareholders on company's "master plan" for survival
Policy and Regulation
US 'must close' Mexican backdoor for Chinese OEMs
Chinese firms accessing US market poses "existential threat" to American auto industry, AMM says
Chinese OEMs
Li Auto posts first full-year profit
Chinese automaker still sees challenges ahead in 'fiercely competitive' NEV market
Rivian
Rivian cash burn alarms investors
Despite layoffs and capex hikes, Rivian expects balance sheet to sustain it to 2025
Corporate Strategy
Lucid production guidance misses expectations
Automaker aims to limit inventory to boost margins