Lucid plans to build Saudi EV plant by 2026, chairman says
The EV maker has been in talks with Saudi Arabia’s sovereign wealth fund to build an EV plant potentially near the Red Sea city of Jeddah, Bloomberg reported.
US inflation soared 7% in past year, the most since 1982
Inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7% and raising costs for consumers.
Tesla's November registrations surged, narrowing luxe race
Tesla added 42,314 U.S. registrations in November, closing its gap with luxury leader BMW. Since Tesla doesn’t break out U.S. sales, December registrations might be key to determining the market’s luxury champ.
Ford plans 3rd building at Detroit train station complex; renovated Book Depository to open by June
The third building is still in the construction planning phase and no details are available yet on potential square footage or when construction will begin.
'Behind-the-scenes work is done' as Ford puts Detroit railroad station back together
Ford is planning a luxury hotel and restaurants when a massive five-year renovation of the former Detroit railroad station is complete by mid-2023.