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Slate Auto Raises $650M to Launch Low-Cost Electric Pickup

The Series C round, led by TWG Global, brings the startup’s total funding to roughly $1.4 billion, with production targeted to begin later this year and preorders expected to open in June.
April 16, 2026
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Stellantis Explores Dongfeng Partnership to Boost Europe production

The discussions come as the automaker looks to address underused factories and rising competition, while Chinese partners seek local production to navigate European tariffs.
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Cadillac Launches Escalade IQ EV SUVs in Middle East

The 2026 Escalade IQ and Escalade IQL have officially arrived at regional dealerships, making the Middle East the second market outside North America after South Korea to receive the flagship electric SUVs.
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Ford EV Chief Doug Field Exits as Automaker Restructures Leadership

The move comes alongside a broader restructuring aimed at accelerating product development, improving efficiency, and hitting long-term financial targets under Ford’s “Ford+” plan.

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