Lucid is backed by the kingdom’s sovereign-wealth fund and is setting up a full production factory in Saudi Arabia.

The German luxury-car maker saw net profit fall nearly a fifth in the first three months of the year because of higher costs, including expenses related to the suspension of business in Russia.

Higher vehicle prices are helping to offset mounting challenges for the Detroit auto maker.

The battery-powered version of the F-150 pickup, America’s bestselling vehicle for decades, marks a major step in the company’s move toward electrification.

The auto maker said both hybrid and fully electric versions of the sports car are planned.

Volvo’s first dedicated all-electric model, built on a platform comparable to its gas-powered and hybrid models, offers a case study in the relative advantages of EVs, writes Dan Neil.

French prosecutors also issued warrants for four others for allegedly helping former Renault executive Carlos Ghosn enrich himself.

Much of the battery supply chain isn’t built, challenging an industry aiming to sell tens of millions of EVs in coming years, RJ Scaringe says.

Amid fears of economic impact of Covid lockdowns, Tesla and SAIC aim to resume production in stages, people familiar with the matter say.

Toyota’s reboot of its traditional pickup, built in San Antonio, is both upsized and upgraded with features. But not everything bigger is better, writes Dan Neil.

The multiyear agreement with commodities firm Glencore is the latest in the auto industry’s race to secure key battery materials.

Though it falls short in range, Kia’s all-electric crossover boasts rapid charging and styling sharp enough to catch the eye of first-time (or anti-Tesla) EV buyers.

The first of the vehicles, which likely would be priced below $30,000 in the U.S., won’t be ready until 2027, the companies said.

The five-year car purchase agreement is part of the rental-car company’s goal to expand its lineup of plug-in vehicles.

The electric-car maker delivered 310,000 vehicles globally in the first three months of the year, below Wall Street expectations.

The 296 GTB has been engineered to consume and pollute less, but the driving experience is still every bit a Ferrari.

Ray Curry expects electric vehicles to offer the union growth potential, but he hasn’t sought an organizing vote at the auto maker after the CEO’s invitation.

Auto shoppers put down deposits for high-demand vehicles, which executives say can help gauge consumer interest.

The car maker’s new resilience strategy includes shorter supply chains, less focus on China and more investment in the U.S.

Fewer Americans are leasing new vehicles, a pullback that could crimp the supply of used vehicles and interested buyers in the coming years.