News

Cadillac Surpasses 100,000 EV Sales in the United States
Aldred said in a press release that Cadillac has become “one of the most popular luxury EV brands in the U.S.” since the launch of the LYRIQ nearly four years ago.

Lucid Restructures Norway Operations After Selling Just 31 Cars in 3 Years
The automaker is now moving operations from its central Oslo location to more modest facilities in Rud outside the city.

VW Keeps Door Open for Scout IPO as EV Startup Strategy Expands
The executive said the setup could allow the brand to follow EV startups such as Tesla, Rivian, and Lucid in achieving high market valuations.

GM Agrees to $12.75 Million Settlement Over Driver Data Sales
The proposed settlement also bars GM from selling driving data to consumer reporting agencies for five years and requires the deletion of previously collected information.

Polestar Loss Widens as Tariffs and Discounts Pressure Margins
The automaker posted a net loss of $383 million for the quarter, compared to $166 million a year earlier, while shares fell nearly 8 percent following the results.