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Automakers Urge Consumers to Buy an EV Before Tax Credit Changes

Automakers Urge Consumers to Buy an EV Before Tax Credit Changes

If you’re looking to purchase an electric vehicle, now is the time to act, as the upcoming months are going to be a difficult, confusing times as the EV tax credit changes.

Vineeth Joel Patel2022-09-19 14:45 PT

iPhone Assembler Foxconn in Talks With Saudi Arabia to Build Electric Vehicles

iPhone Assembler Foxconn in Talks With Saudi Arabia to Build Electric Vehicles

Bloomberg reported on Thursday that Saudi Arabia and iPhone assembler Foxconn​ are in talks to form a joint venture to make electric vehicles, which will help the oil-rich country diversify its economy, according to people familiar with the matter. Saudi Arabia’s Public Investment Fund (PIF), which manages roughly $450 billion of assets, will create a new entity named “Velocity” to be the majority stakeholder of the new joint venture.

Eric Walz2022-01-09 09:00 PT

Lucid Air Gets An EPA Estimated 520 Miles of Range

Lucid Air Gets An EPA Estimated 520 Miles of Range

The Lucid Air Dream Edition R comes with a 113-kWh battery pack that beats the Tesla Model S sedan’s range by over 100 miles.

Vineeth Joel Patel2021-10-25 07:15 PT