#Sell Your Ev

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.

Polestar 2 Production Reportedly Ends in China Ahead of All-New Successor

Polestar 2 production in China has reportedly wound down after more than six years, with over 200,000 of the fastbacks built. The electric fastback has been one of the brand’s most important models since its launch, but customers in several European markets are already being directed toward existing inventory instead of new custom orders.

Rivian R2 Becomes Best-Selling Model as Automaker Raises Delivery Outlook

Rivian’s R2 has already become the company’s best-selling vehicle by volume, overtaking the R1T, R1S and electric delivery van during the third quarter. The milestone comes just months after customer deliveries began and has prompted the automaker to raise the baseline of its 2026 delivery forecast as it prepares for a larger production ramp.

Italy Backs Tesla’s Push for EU-Wide Approval of Supervised FSD

Tesla has gained public support from Italy’s government in its effort to secure European Union approval for its supervised driving software. Deputy Prime Minister and Transport Minister Matteo Salvini said he supports a swift decision after speaking with Elon Musk, giving the company backing from another major EU member state ahead of a planned December vote.

Toyota bZ Closes In on Hyundai Ioniq 5 as US EV Rankings Shift

The Tesla Model Y remains America’s best-selling electric vehicle in 2026, but Toyota’s bZ is emerging as a stronger contender in the race among non-Tesla models. The Hyundai Ioniq 5 still ranks among the country’s leading EVs, although its sales have weakened sharply.

Geely Auto Marks First UK Anniversary With 15,264 Registrations and Expansion Plans

Geely Auto, which entered Britain with the EX5 electric SUV, has recorded 15,264 vehicle registrations in the UK during its first year in the market, as the Chinese automaker builds its retail network and prepares to expand its lineup. The company, which launched in Britain on October 23, 2025, now has 80 operational retail locations and 92 employees.

Chevy BrightDrop Inventory Falls to 209 Units After Q3 Sales Jump to 1,344

Remaining U.S. dealer stock of the discontinued Chevrolet BrightDrop electric commercial van has shrunk to just 209 unsold vehicles nationwide. The rapid drawdown comes after third-quarter U.S. deliveries nearly tripled to 1,344 vans, up from 460 in the second quarter.

Wuling Bingo EV Family Surpasses 800,000 Sales in China

The milestone comes as the Bingo Pro, introduced earlier this year, has become the family’s best-selling model, according to GM Authority’s report on the announcement from SAIC-GM-Wuling.

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.

Mustang Mach-E Takes Fourth in New EV Market Share Through Q3 2026

The Ford Mustang Mach-E accounted for 6% of U.S. new electric vehicle sales through the third quarter of 2026, placing fourth among models in CarGurus data cited by Ford Authority. The electric crossover also ranked third in the used EV market, with a 4.9% share, as used electric vehicle sales continued to grow while new EV sales declined year to date.

Trump Administration Slashes 2031 CAFE Target to 34.9 MPG

The previous standard was projected to reach 50.4 mpg, meaning the new rule substantially reduces the fuel economy target automakers will have to meet.

Ford Admits Mustang Mach-E Pricing Is Holding Back Australian Sales

Ford Australia CEO Fadi Mawal says the electric crossover remains a strong product, but its pricing puts it at a significant premium to competing EVs. The Mach-E starts at $65,990 in Australia, while several rivals offer lower entry prices.

GM’s Buick Electra Hits 150,000-Unit Production Milestone in China

The 150,000th vehicle was a 2026 Buick Electra E7 plug-in hybrid, which also reached 30,000 units produced as the Electra portfolio continues expanding across several vehicle types and powertrains.

Canada’s New Chinese EV Quota Has Yet to Bring a Flood of Imports

The figure provides an early indication of how slowly Chinese EV brands are entering the Canadian market despite the country’s decision to sharply reduce tariffs on qualifying vehicles made in China.

2028 Volvo XC60 PHEV Gets 78 Miles of Electric Range in Major Upgrade

Volvo says the XC60’s range more than doubles that of the current model.

Lucid Is a Penny Stock Again, But LCID Is Still Not a Buy: Barchart

The stock remains far above its July low, when shares briefly plunged to $2.37 amid the bankruptcy speculation, but much of the recovery has since disappeared. Lucid rejected those rumors, and the company continues to have substantial liquidity. Still, investors have plenty of reasons to remain cautious.

Rivian is Using Test Drives Instead of Big Ad Campaigns to Sell the R2

The EV maker recorded 150,000 test drives across its three consumer models in North America through August 25, already surpassing the 118,000 it recorded throughout 2025. Interest increased sharply after the R2 went on sale in June.

Li Auto is Taking its EVs to Europe, Starting with the New Li 6

The Chinese automaker has also partnered with the 2026 Solheim Cup in the Netherlands, supplying 20 Li i6 SUVs for transportation during the women’s golf event. Li Auto described the partnership as the beginning of its European push.

Lucid’s $1.4 Billion Turnaround Plan Faces a Tough Test as Stock Hits 52-Week Low

Lucid shares closed at $4.55 on Sept. 1, down 42% from the $7.78 closing price on Aug. 4, the day before Napoli’s operational reset was announced. The decline came as the broader market remained comparatively stable, making the move largely company-specific.

Polestar Says It Was Blindsided by U.S. Sales Ban

Polestar and Volvo Cars share the same Chinese majority owner, Zhejiang Geely Holding Group. The companies also have vehicles with closely related hardware and software, while the Polestar 3 and Volvo EX90 are produced on the same line at Volvo’s plant in South Carolina.