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Lucid Reduces Cash Consumption 30% in the Third Quarter of 2026 and Expands Its PIF Credit Line by $1.75 Billion

Lucid reported third-quarter revenue of $350 million and said it cut free cash flow consumption by 30% from the prior quarter, to $1.04 billion. Lucid also said its delayed-draw loan facility with the Public Investment Fund of Saudi Arabia was increased by $1.75 billion, taking pro forma liquidity to $3.75 billion.

Ford Pro Opens Sales of Electric Transit City Van in Argentina on November 9

The van uses a 56 kWh LFP battery rated for up to 381 km in the WLTP urban cycle and 254 km in the WLTP combined cycle, while pricing is being held back until the van’s public debut at the Fenatran show in São Paulo.

Lucid Stock Closes at Record Low After Falling 5.6% on October 30

Lucid shares ended Friday, October 30, at a record closing low of $3.02, leaving the EV maker’s stock down more than 71% so far this year. The close came in below the previous record low of $3.10 from October 19 as investors weighed Lucid’s weak deliveries, its funding needs and its upcoming November 9 earnings report.

Geely Auto Reports Record RMB 14.9 Billion Core Profit as Earnings Rise 41%

Geely Auto Group reported record core net profit for the first nine months of 2026, with core net profit attributable to owners of the parent rising 41% year over year to RMB 14.9 billion. The automaker also recorded record third-quarter revenue and profit, while expanding sales across its Geely, Zeekr and Lynk & Co brands and increasing exports to markets outside China.

GM Executive Says Removing Radar ‘Ignores Physics’ as Escalade IQ Readies Multi-Sensor Super Cruise

General Motors plans to launch an upgraded version of Super Cruise in the 2028 Cadillac Escalade IQ electric SUV, using radar, lidar and cameras rather than relying on cameras alone. Sterling Anderson, GM’s chief product officer and a former leader of Tesla’s Autopilot program, argues that multiple sensor types provide capabilities cameras cannot match, pushing back against Tesla’s approach to autonomous driving.

BYD Launches Third-Generation Qin Plus DM-i With Up to 220 km of Electric Range

BYD has launched the third-generation Qin Plus DM-i in China, bringing longer electric range, a larger body and optional LiDAR to its plug-in hybrid sedan. Limited-time prices start at 76,900 yuan, with the updated model retaining BYD’s fifth-generation DM hybrid technology.

BMW Electric M3 to Feature Simulated Gear Shifts and Artificial Sound

BMW M Chief Executive Officer Frank van Meel confirmed in a video interview published Monday, October 26, that the division’s upcoming battery-electric M3 sedan will pair synthesized soundtrack cues with virtual gearshifts. Slated to enter production in Munich in 2027 on the Neue Klasse architecture, the quad-motor sports sedan is being engineered to give track drivers audible and tactile feedback.

2027 Ford Mustang Mach-E Select Drops Phone-as-a-Key Feature

Ford has removed Phone As A Key capability from the entry-level Select trim of the 2027 Mustang Mach-E after including the digital key feature as standard equipment on the 2026 Select. Shoppers who want smartphone-based locking and starting will now need to step up to at least the Premium trim, even as Ford makes the extended-range battery standard across all models.

Mercedes Electric CLA and GLC Carry Six-Month Lead Times as Orders Run Into 2027

Strong European order intake for Mercedes-Benz’s new 800-volt electric CLA sedan and electric GLC SUV has stretched factory wait times to roughly six months, pushing new custom-built deliveries into April 2027. Sales board chief Mathias Geisen disclosed the backlog during Mercedes-Benz’s 140th-anniversary celebration, where the automaker also debuted the all-electric Mercedes-AMG GT SUV.

Ford Adds Factory-Built Special Service Vehicle Version of the 2027 Mustang Mach-E

Ford is introducing a factory-built Special Service Vehicle (SSV) edition of the 2027 Mustang Mach-E, giving police departments and fleet operators their first turnkey agency package on the electric crossover. Built off the entry-level Select trim, the law-enforcement package bundles dual-motor eAWD, a 91 kWh extended-range battery and performance hardware borrowed from the Mach-E GT.

BMW Raises 2027 iX5 60 xDrive Range Estimate to 450 Miles Ahead of EPA Rating

BMW has bumped its projected EPA driving range for the upcoming 2027 iX5 60 xDrive—the first battery-electric X5—to as much as 450 miles on a charge, a 15-mile gain over the preliminary figure shared at its June reveal. The updated number remains an internal BMW projection rather than a certified federal rating, with official EPA figures expected in the next few weeks.

2027 Ford Mustang Mach-E Adds Trail Package, Makes Extended-Range Battery Standard

Ford is overhauling the 2027 Mustang Mach-E lineup by making the extended-range battery pack standard across every trim and debuting an off-road-inspired Trail Package. The updated electric crossover also introduces a lower-cost front motor designed to match the outgoing unit’s output while keeping retail pricing in check.

Lucid Begins Building Gravity GT-S Units, Says Shipments Will Start Soon

The update comes as Lucid’s website continues to list the model as available in late 2026, without a formally announced production start or first delivery date.

Porsche Delivers 7,002 Cayenne Electrics Since Launch as Electric Macan Tops 23,000

Porsche has delivered 7,002 all-electric Cayennes since the model’s market launch in the summer, helping keep the Cayenne the brand’s best-selling model line. The electric Macan added 23,029 deliveries in the first nine months of 2026, while Porsche’s total deliveries fell 16% to 178,532 vehicles.

Tesla Roadster Targets 10-Minute Charging With New High-Power Battery

Tesla says its next-generation Roadster will charge from 15% to 85% in about 10 minutes, using a high-voltage battery pack designed to prioritize power delivery and rapid charging. The electric supercar will use Tesla-developed 4680 cylindrical cells with a custom nickel-based lithium-ion chemistry, although the company has yet to disclose the pack’s capacity or confirm its peak charging rate. Tesla vice president of engineering Lars Moravy described the Roadster’s battery as the culmination of more than two decades of the company’s electric vehicle development.

YouTube’s Engineering Explained Host Replaces Problematic Lucid With Mustang Mach-E GT

Fenske purchased the electric crossover as his new daily driver after Lucid bought back his sedan under lemon law provisions, and he is now giving Ford’s performance-oriented Mach-E a chance to become his next long-term EV.

Lynk & Co 20 Gets Standard LiDAR and 6C Charging From $17,620

The updated EV comes standard with LiDAR, an 800-volt silicon carbide platform and 6C fast charging across all five variants, while Lynk & Co said it received more than 14,663 firm orders within the first hour after launch.

Rivian Secures Washington Dealer License, Expanding Direct Sales Operations

Rivian employees, partners and supporters gathered in Seattle on September 15 to mark the completion of a multi-year effort involving the company’s policy, legal, communications and field operations teams.

US Senate Delays Vote on Bill That Would Permanently Ban Chinese Vehicles

Senators Bernie Moreno and Elissa Slotkin had planned to seek unanimous consent on September 24, but Republican Sen. Rand Paul raised concerns about the bill. The sponsors now plan to continue discussions with Paul before trying again next week.

Rivian Expands Washington Footprint With New Showroom and Service Facility

The facility will occupy the former Evergreen Ford dealership at 1500 18th Ave. NW in the Hyla Crossing development. It will include 13 service bays, 21 charging stations and space to showcase Rivian’s electric vehicles. The company expects the site to create 35 jobs.