GM hit with $103 million U.S. jury verdict in engine flaw class action
GM said in a statement that it did not believe the verdict was supported by the evidence and planned to appeal.
Nissan Ariya EV finally arriving in U.S. … but without tax credits
The Japan-made Ariya won’t be eligible for a federal EV incentive, which could put its starting price at a competitive disadvantage.
LMP Automotive Holdings' sale of 6 dealerships terminated
LMP Automotive Holdings Inc.’s pending sale of six dealerships in Florida and West Virginia to Atlantic Coast Automotive Group has been terminated by the buyer, according to LMP.
BMW declares that luxury EVs are white hot
BMW sold 6,900 electric vehicles in the U.S. this year, including more than 4,300 in the third quarter.
Faraday’s executive chair exits EV company, citing death threats
Two additional board members stepped down this week along with Executive Chair Susan Swenson, the company said Thursday in a securities filing. Adam He was appointed to serve as interim non-executive chair.