Page 13 - Ev Makers News Today

"We've identified the primary bottlenecks, and we are taking appropriate measures," Lucid said in outlining its latest reduction of production goals.

Tesla stock purchases by retail investors 'are skyrocketing' before the company's vote Thursday on a proposed 3-for-1 stock split, said Vanda.

8 top EV makers adopt US govt's recommendation on battery fires

In lowering its price target on Tesla by 16% to $1,050, Jefferies cited an "uncomfortable pile up of negative news" surrounding CEO Elon Musk.

Govt refutes reports, says didn't ask EV makers to stop production

Transport Minister Nitin Gadkari had warned EV makers that if any company is found negligent in their processes, "a heavy penalty will be imposed", as reported by IANS.

The minister had said advising companies to “take advance action to recall all defective batches of vehicles immediately”.

EV-makers need to double down on quality control, while the government should not over-tighten regulation in response. Slipping into an inspector raj could upset the best-laid plans of private EV makers.

New Delhi [India], March 2 (ANI/SRV): Leading fasteners suppliers manufacturer Kotadia Inc

Like rivals across Europe rapidly shifting to electric vehicles, Stellantis -- with 14 car brands and some 300,000 employees globally -- is under pressure to trim its workforce