
Lucid Cuts 18% of Workforce, COO Role Eliminated
Lucid Group will cut roughly 18% of its U.S. workforce and eliminate its COO role under a restructuring plan targeting about $158 million in annual cost savings.

Lucid Group will cut roughly 18% of its U.S. workforce and eliminate its COO role under a restructuring plan targeting about $158 million in annual cost savings.

Toyota's Georgetown, Kentucky plant has begun assembly of the all-new RAV4 Hybrid and broke ground on a new paint facility, backed by $2 billion in recent investments and a workforce grant.

Valeo and Nissan have signed a contract to commercialize Valeo's bidirectional V2G and smart unidirectional charging stations across Europe, beginning in the UK and supporting Nissan's vehicle-to-grid plans for the region.

The all-electric Mercedes-Benz VLE pairs an 800-volt architecture with a 115 kWh battery and a dual-motor drivetrain. A closer look at the engineering behind its range, charging and vehicle-to-grid claims.

Renault has revealed an updated Megane E-Tech electric with a new 67 kWh LFP battery, up to 310 miles WLTP range, faster 165 kW charging and a rare-earth-free 220 hp motor built in France.

NIO has opened a new R&D center in Witney, Oxfordshire, merging its former Begbroke Science Park and Bicester Motion sites and bringing its 40-plus UK engineering team into a single location.

BYD Group will present eight vehicle debuts across DENZA, YANGWANG and BYD at the Goodwood Festival of Speed, headlined by the global reveal of the all-electric DENZA Z supercar.

Giti Tire's GitiSynergy H3 has secured OE nominations on the all-electric BMW iX1 and iX2. The 245/40 R20 99Y XL tire records the top EU rolling-resistance label rating of A.

NEXEN TIRE has secured its first OE supply partnership with BYD, providing tires for the SEAL 6 and Dolphin Surf across export markets in Australia and Europe.

Volvo has activated Plug & Charge for EX90 drivers in the U.S., enabling automatic payment at more than 35,000 public charging stations, with the EX60 to follow when deliveries begin later this year.

Honda's Super-N compact EV opens for UK orders on June 22 at £18,995, pairing a 70 kW BOOST Mode with a 199-mile city range and four-seat practicality.

The 2027 Subaru Solterra EV keeps its $38,495 starting price and carries over its dual-motor powertrain, while adding standard StarTex upholstery on Premium and revised interior color pairings across the lineup.

BMW has opened orders for the i3 50 xDrive First Edition, an all-electric sedan from £57,905 with up to 563 miles of WLTP range, ahead of an autumn 2026 market launch.

Volkswagen Group has set out a plan for the future built on eight strategic levers, targeting an 8 to 10 percent operating return on sales and EV leadership by 2030.

Renault Group has completed its buyout of Flexis, acquiring the 45% and 10% stakes held by Volvo Group and CMA CGM Group to take full ownership of the electric-van venture.

Polestar will move selected South Korea models to the NACS standard in 2029 and add 400 destination-based chargers by 2030, in a market with over 490,000 public charging points.

The Mercedes-Benz CLA EQ 250+ earned a five-star Green NCAP sustainability rating at 91 percent, leading a four-car round that also covered the Toyota C-HR, MINI Cooper C, and MG HS.

Nissan launched the all-new, second-generation Kicks in Japan, introducing its third-generation e-POWER system and debuting e-4ORCE all-wheel control in the lineup, with prices from ¥2,999,700 to ¥4,248,200.

JLR will add a full hybrid option across Range Rover and Defender and sharpen its North America focus, reaffirming an £18 billion ($24.2 billion) investment as its Reimagine strategy enters a new phase.

Valeo has launched its 48V 2-speed eAxle, an electric rear axle delivering up to 1,328 lb-ft of torque for Dacia's Hybrid-G 150 all-wheel-drive Duster, Bigster, and upcoming Striker.