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The report said Lucid was considering options that could include going private or filing for bankruptcy protection.
Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets.
China has a saturated domestic market, which has led Chinese companies to look elsewhere to sell electric vehicles.
The update followed a high-stakes boardroom showdown with the group's supervisory board.
SpaceX's record IPO raised a total of $85.7 billion after underwriters exercised the "greenshoe" overallotment.
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
Waymo has a big lead in the nascent U.S. robotaxi market, and is opening up in more cities.
While the Topolino resembles a small car such as the Fiat 500, the EV is actually a quadricycle that functions more like a golf cart.
The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.
Hesai Technology was blacklisted as a national security threat in 2024 by the U.S. Department of Defense, which designated Hesai as a Chinese military entity.
Toyota said it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Mexico to its San Antonio manufacturing campus in Texas.
Ford CEO Jim Farley told CNBC that the automaker has learned from its past quality and recall issues, which have hurt its earnings and stained its reputation.
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, declined 11%.
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
Rivian is increasing its delivery outlook to between 65,000 and 70,000 EVs, up from 62,000 to 67,000 units.
Ford reports it assembled over 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.
Volkswagen is poised for a boardroom showdown following reports that the auto giant is weighing up shutting four factories and implementing 100,000 job cuts.
Hong Kong-listed shares of Chinese electric vehicle makers surged, after companies posted June vehicle data that helped to buoy investor sentiment.
Second-quarter U.S. new vehicle sales show a sharp divide, with automakers offering hybrid models largely outperforming those without them.
A major issue for automakers is the deal's rules of origin, which determine where a product comes from and which goods are eligible for preferential treatment.
Lamborghini is calling the new Urus SE Performante the "fastest Super SUV in the world."
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.
Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.
The new GMC Sierra trucks are crucial to GM's sales and earnings, especially highly profitable luxury Denali and off-road AT4 models.
A second worker died at the construction site of BYD's electric vehicle factory in Hungary, CNBC has learned.
Toyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
Zoox is updating its robotaxis as the Amazon division plots expansion in additional markets and prepares to charge for rides.
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.